/Tag:services

How to arrange a will in Dubai?

A will is a document which explains the manner in which a person’s property will be distributed after his/her death. Deceased’s family members, friends, organisations, and public institutions are the usual beneficiaries of wills. Assets transferred by means of wills may include, for example, money, jewellery, real estate, vehicles, and shares in companies. Expatriates residing in [...]

Gibraltar accepts bitcoin as a trading currency

What is bitcoin? Bitcoin is a virtual currency. In comparison with traditional currencies, bitcoin is not controlled by any central authority (e.g., a central bank). New bitcoins are generated by a decentralized process called mining. It involves the processing of bitcoin transactions by using specialized hardware.People who would like to start generating bitcoin have to use [...]

MASDAR CITY FREE ZONE IN ABU DHABI

Abu Dhabi, the capital of the United Arab Emirates (UAE), is not only the cultural and political center of the country, but also one of the major commercial and industrial areas in the UAE. Abu Dhabi hosts six free zones offering advantageous business environment to foreign investors. MasdarCity Free Zone (MCFZ), a global clean-technology cluster,which specializes [...]

Taxation in Georgia

Georgia, a country in the Caucasus region, is located on a crossroad between European and Asian markets. Due to Georgia’s business advantages, such as a low-cost workforce, a stable political environment, an attractive tax regime, and a well-developed infrastructure, an increasing number of foreign investors choose to outsource their business activities in Georgia. Moreover, in order [...]

Google Keeps EU 10 Billion in Bermuda

Google tax strategies and accountancy practices are widely discussed topics not only in media, but also on a governmental level. News website shave recently disclosed information that, every year, Google sends profits of about EU 10 billion to the Bermuda Island, one of the world’s tax havens offering a 0% corporate tax rate. However, the only [...]

The EU VAT Mini One Stop Shop (MOSS) scheme

On 1st of January 2015, the EU started applying new VAT rules for businesses operating in the fields of (1) telecommunications, (2) broadcasting, and (3) electronic services (e.g., supply of websites, software, databases, films, music, distant teaching, web-hosting). According to the new VAT rules, the services provided by such businesses will be taxed in the country [...]

Living In Uruguay

Uruguay, the richest state in Latin America, stands out in the region as a liberal and modern country with developed social security, health, and educational systems. Moreover, Uruguay creates a favorable atmosphere for business investments offering a 0% income tax rate for income received from non-Uruguayan sources. Thus, it is not a surprise that an increasing [...]

Macedonia – a tax haven in the Balkans

While most European countries impose corporate income tax exceeding 20%, Macedonia, as a shining European tax pearl, charges a corporate income tax of 10%. The corporate income tax in Macedonia is charged on two components, namely, any forms of distribution from the profit (including dividend distribution) as well a­s certain non-deductible expenses and understated revenues. The [...]

Dubai Meydan free zone offers the least expensive option to get set up in Dubai.

Developed around the prestigious Dubai Racecourse near downtown Dubai Meydan free zone offers the least expensive option to get set up in Dubai. As is the case under any free zone regime in the UAE it allows 100% foreign ownership, a guarantee against a future imposition of taxes, and no restrictions on hiring foreign labour. __________________________________________________________________________ [...]

Meydan free zone companies

Meydan free zone companies Lowest cost option to get set up in Dubai Developed around the prestigious Dubai Racecourse near downtown Dubai Meydan free zone offers   the least expensive option to get set up in Dubai. As is the case under any free zone regime in the UAE it allows 100% foreign ownership, a guarantee against [...]

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