Recent content by Dandyline

Unfortunately, this is very common. If it's a substantial amount, you might need to reach out to the CEO directly or pay a visit to their office. Consider hiring a lawyer to send a formal letter. A bank shouldn't be allowed to hold funds for more than 1–2 days, that's just insane.

Even if the transfer is from US LLC > UAE FZ?

Yes, it’s the lowest threshold in EU. They should get rid of audits.

+1.

Digital services are always in scope for VAT. Question is if the payment agent company or the parent company will declare the VAT.

How is the OSS-VAT resolved?

Some Casinos use UK ltd's as well. Since audits are not required in Cyprus for a turnover below 200K EUR, I guess the payment agent won't be required to be audited if the only revenue is the 3% of the processed amounts. So if the cyprus company processes for example 5 million eur per year...

One downside for both Cyprus and Malta is the audit requirements.

For 5k per month, i think Thailand is an option. Dubai, 20k per month at least.

- Bluewaters Island - Emaar Beachfront - Some buildings - Some buildings on the Palm / Some Villas on the palm (Villas rent from 50-70k/month though) - City Walk - Some Address buildings - Opera/Sky View

There aren't that many options out there. Dubai is pretty superior, but the overpriced rents are pretty annoying. Only a few areas are worth living in. Bangkok might be good as well, offering very high value for money in terms of housing. You could get a large apartment in the Four Seasons...

So the nominee is registered as UBO as well?

Depends on the country or market, customers in some countries dispute transactions for fun. Friendly fraud is rampant. The dispute system is very outdated.

CB around 1% is not that much, its 10 disputes per 1000 transactions.

They will probably never know. As long as they don't investigate you.