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Recent content by Ancova

  1. Ancova

    UAE FZ close it or what?

    1 week
  2. Ancova

    Best countries for HODLers of crypto (>1yr) to cash out in.....

    Dubai... you can even buy real estate with crypto here.
  3. Ancova

    Dubai fz tax

    I would suggest to apply for VAT and Tax Residency certificate.
  4. Ancova

    Transitioning from Dubai

    All Companies, whether mainland or free zone, that have a yearly profit of 375k AED and above, are subject to 9% corporate tax on all profits that exceed the mentioned threshold. There is only a few activities exempted and software sales is not one of them.
  5. Ancova

    Foundation or trust

    I would suggest Guernsey in this case
  6. Ancova

    Buying UAE property for tax residency

    You only have to come once every 180 days to keep your visa active.
  7. Ancova

    Buying UAE property for tax residency

    There are exceptions which we can get without people spending 90 days here.
  8. Ancova

    Buying UAE property for tax residency

    No, just obtaining a tax residency certificate if you are already a resident but cannot spend 90 days in UAE a year.
  9. Ancova

    Buying UAE property for tax residency

    All above correct, however we can issue a tax certificate for a less amount spent in the UAE, also for previous years.
  10. Ancova

    Where to register for fintech business? Gibraltar, Cyprus or other?

    We are having many clients that set up here and wire transfers from international to local banks works without any issues.
  11. Ancova

    Where to register for fintech business? Gibraltar, Cyprus or other?

    In both cases above, I recommend UAE
  12. Ancova

    Advantages of US LLC + UAE setup?

    Unfortunately, we are only aware of crypto conversions through a personal account in UAE by being a resident.
  13. Ancova

    Where to register for fintech business? Gibraltar, Cyprus or other?

    You can set it up easily in the UAE. The activity is called "portal". Description: Includes firms operating websites that act as portals to the internet, via PCs and digital devices, to link buyers and sellers as well as services providers and users together to make deals, it also involves...