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

[TheCryptoAnt]

Doesn't make sense to compare SG with UAE when it comes to taxes and running costs - SG has no chance as the SG Setup has at least the same operating costs and SG is not 0% Tax.

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

 

[Mercury]

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

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

 

[TheCryptoAnt]

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

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

 

[Fred]

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

Yes - that's it.

 

[Marzio]

better to just go with UAE if you dont mind going there ever 6 months

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 in winter isn't too bad.

 

[TheCryptoAnt]

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 in winter isn't too bad.

word