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Hey guys! My company has recently started working with another company, and they have a daily payment limit of 5000 EUR. As a result, I have to receive payments of 5000 EUR from them almost every 1-2 days. I'm curious if this can be challenging for the EMI to receive low amounts frequently.

Hey guys, I'm trying to payout from my UK LLP to the UBO who lives in the UAE. Does sending payments to the UBO's Xapo account in Gibraltar instead of the UAE banks make sense? I think EU EMIs don't like UAE residents and SEPA is easier for most EMIs.

Hey everyone, I'm in a situation with my UK LLP and need some advice regarding our EMI corporate account. Here's the scenario: Current structure: 2 UBOs (Ultimate Beneficial Owners), each with 50% ownership. Upcoming change: One partner is leaving. New structure will be: Remaining partner...

Hi everyone, I'm trying to open a Kraken account for my company, but Kraken is asking for a crypto license. I explained that the company is using its own funds on Kraken, so I don't think a crypto license is needed in this case. However, they are requesting a legal opinion letter explaining why...

Hello Everyone, I'm operating my UK LLP in UAE, and the shareholders are all UAE residents. Our business is e-commerce, and our customers are from worldwide. Do I need to do the audit in both UK and UAE? can anyone recommend any accountant in both countries please? Do I need to pay VAT in UK...

I'm starting a UK LLP with myself as a partner and a US LLC. I will be living mostly in Thailand but less than 6 months per year, 3 months in the USA, and some other time in other Asian countries. As I'm not living in any of these countries for longer than 6 months, I think I will have the...

I'm ready to form my UAE FZ for my crypto-related business, I need to trade FIAT for Crypto, and I know banking for crypto is hard in Dubai. Is it viable for me to form a UK LLP controlled by the UAE FZ so I can get banks/EMIs to trade with exchanges or OTC?

Hello, I'm exploring a tax strategy involving a UAE Free Zone Company and a Cyprus company or US LLC. The plan is: 1. Create a Free Zone Company in the UAE (0% tax rate). 2. Set up a company in Cyprus (12.5% tax rate) or a US LLC, whichever is more favorable with banks, especially those with...

I'm a Chinese citizen and resident currently running an e-commerce business as a sole trader. I'm considering forming a company in the UAE. My operations are entirely online, split between a Europe-based e-commerce platform and a UAE-based cryptocurrency trading website. The Europe-based...