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  1. JimBeam

    UAE FZ company + Malta non dom

    Here's the case: A free-zone company in Dubai is operating for couple of years now. Company has two shareholders (partners) 50% each. One of them is the director of the company other one is just shareholder. The director guy wants to move somewhere closer to Europe with his faimly so he could...
  2. JimBeam

    Cyprus company + Bank Account

    I'm looking to sell my Cyprus company as it is no longer needed. I figured out it would be easier for me to sell it than to dissolve/close it and also it may be a good for someone who is looking to setup a new company (as it's way quicker and has a working bank account right away) or for someone...
  3. JimBeam

    Bank of Cyprus starts charging Liquidty Fee of 0.5% per month!?!?!

    Looks like BoC will charge 0.5% per month to all accounts for "Liquidity Fee" starting March 1st 2020: https://bankofcyprus.com.cy/globala...g-and-semi-government-printed-and-mailed2.pdf It's like 6% / year! This is so wrong! More detials: Bank of Cyprus Public Company Ltd is going to apply...
  4. JimBeam

    Moving from Cyprus to UAE

    I have a company setup in Cyprus for more than 2 years now. It's a VAT registered company with nominee directors and shareholders and bank account in BoC. Everything works fine so far. The company receives money from Google AdSense and some well known affiliate programs. The company income is...

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