HK/SG Ltd + Which country for personal tax residency?

[TheCryptoAnt]

word, the⁠ ones i know using SG are rather crypto traders or are using it as a⁤ holding company

 

[Mercury]

Well, it seems that even for‍ crypto trading/holding UAE is still more cost-effective than SG.

 

[TheCryptoAnt]

yeah it seems, i didnt know this neither.
better to‍ just go with UAE if you dont mind going there ever 6 months

 

[Fred]

Yes - that's it.

 

[Marzio]

UAE is clearly rising to the top in terms of‍ where to settle to accumulate tax free profits stress free.

Stress free imho is the⁠ key differentiator between UAE and other jurisdictions that on paper claim the same result but⁤ the compliance requirements will make you go crazy or that will bite you in the⁣ back because rules are not clear.

Yes it's an artificial environment but hell with the⁢ new tax residency criteria you have to show up 90 days a year which in︀ winter isn't too bad.

 

[TheCryptoAnt]

word