Recent content by Thomas67

Many thanks, clear and insightful about the current proposals being discussed. By curiosity, how easy is it to ensure the follow-up of new publications/decrees in the Official gazette?

I let CyprusLaw answer; as a complement: my source above (badges of trades); criteria aren't quantified though, overall case by case assessment I assume

Interesting comment. I've asked SunShadowInvest for their official source.

As a complement, I've found the following, incl. its FAQ: https://sunshadowinvest.com/cyprus-non-domiciled-status-program/#:~:text=Yes%2C%20there%20are%20certain%20fees,who%20have%20received%20the%20status.

Many thanks for the proactive overview and related source Bad news for the 5k annual non dom fee (I assume for all non doms, not only new ones), it's the price or more than the price of a company set up

Interested in the answer as well, though I believe that, more and more, economic/physical substance would be needed to prove the local operations (which requires some capital), even aside the possible use of nominee directors.

Thank you for this very good overview. As a complement to this for the interested reader, please find here below a good article on the topic just found right now, incl. a description of the badges of trades (assessment to be performed by the tax department or a judge)...

Hello, I assume the option is quite difficult for a European given US migration laws and constraints, but are there still easy/affordable ways to live and set up a professional trading activity (stocks, cryptos, own funds/no clients) and/or a trading consultancy service to prop firms, in Florida...

When we say that capital gains from stocks are tax free, is there a distinction between - investing and short term trading - occasional trading and business like trading (organized, ongoing, frequent)? For cryptos, trading through a company is an option (I assume income tax as natural person...

Looks like a quite interesting option indeed, thanks for suggesting. I don't know if there are many other options out there allowing prop trading or blockchain related activities with such a flexibility of packages. Will reach them out to assess business requirements and dig into the...

Well Bybit and Gate have a VARA regulated license already. Aside DEXs, something also tells me it's preferable to do business with regulated entities in UAE, unless an offshore business/trading company is used obviously

To be honest the situation is quite particular. So many trading KOLs are based in Dubai, trade smaller coins or with leverage, which doesn't seem proposed by locally regulated exchanges. Would be interesting to know their setup/or how pro traders do in general. Also wondering if using an...

Because active/frequent trading can be seen as a commercial business (commercial transaction law - speculation, and virtual assets works). Ofc very occasional trading, ideally close to personal investment wouldn't be an issue indeed. DIFC is clearly feasible (FZ's AML/CTF constraints on the...

The topic can actually be extended to the more practical questions, it's a good idea. Has someone a view on the cheapest/easiest option for a licensed trading activity (e.g. crypto, stocks), in mainland or freezone, freelance or company, being Dubai or Abu Dhabi? AFAIK, we have the following in...

Thanks again for your view. In your opinion, what do most traders/investors residing in UAE do, considering the limited number of listed tokens, their lower liquidity, the possible restrictions for margin/futures trading (quite annoying as well for traders) and, in addition to AML/CFT laws, the...