Recent content by Don

Now, they have announced that this tax is expected to be cancelled since the socialists were thrown out of the government.

You may find this interesting as well https://www.pgplaw.com/analytics-and-brochures/articles-comments-interviews/procurement-from-any-free-zone-vs-distribution-from-a-designated-zone-/...

Yes. As a result the invoices are most often not deductible, etc. https://www.consilium.europa.eu/en/policies/eu-list-of-non-cooperative-jurisdictions/

Foreign corporations can not be tax resident in Estonia, only taxed as PE. Estonia don't view US LLC-s as transparent but as foreign corporation. US LLC-s could form a PE in Estonia (provided certain conditions are met). In some cases entity could even hire employees in Estonia, but it will not...

Look at more videos.. After exploring a bit more I realized the previous video I posted doesn't represent Kish island very well. I don't think it looks worse than Limassol, for instance. In Kish, you can enjoy the beach in peace, free from the distraction of others' exposed backsides, embracing...

normal flights are just half an hour from Dubai

Bumping it up with some footage: Isnt what you see more attractive than some remote island with zero infrastructure (that might be zero tax)?

There might not be an advantage. Some consider US LLC-s more reputable. EU for instance considers Panama as a non-cooperative jurisdiction

All EU residents and businesses will soon get access to digital wallet, which is kind of like eresidency, except it will be recognized across the whole EU. https://ec.europa.eu/digital-building-blocks/sites/display/EUDIGITALIDENTITYWALLET/EU+Digital+Identity+Wallet+Home

You can sign documents digitally without eresidency, just probably not qualified electronic signatures (QES), the highest 'trust level' of digital signature according to European standards. Many businesses use docusign for instance. Eresidency signature is not really used outside of Estonia...

E-residency is not really needed to run company. Its useful for those who for some reason need local tax number. Accountant can file tax declararions and annual report for you. To sign off annual report you don't need eresidency.

The visibility of beneficial owner data may be limited if the beneficial owner is a minor, has limited legal capacity, or is in danger.

Yes, why not, and get public health insurance this way. Business transactions are based on mutually agreed terms, not moral fairness. That being said buying professional services is not equal to filling up your cars gas tank. The price you get is most likely influenced by the risk level of your...

Under Article 16(7) of the UAE Corporate Tax Law, a foreign partnership must meet specific conditions to qualify for tax transparency relief: • Condition (a): ‘The Foreign Partnership is not subject to tax under the laws of the foreign jurisdiction’. • Condition (b): ‘Each partner in the Foreign...

I need to correct myself here. RAK ICC IBC is still by default subject to UAE tax, might be at 0% though. Dont take what you find here as legal advice. And things in UAE keep changing all the time. For example in October treatment of unincorporated entities changed.