Recent content by john Ashby

Since you have already resided in Dubai why not try a Ajman or RAK free zone company? - this will give you the option of UAE tax residency and, as you already have a UAE bank account it should not be difficult to get a UAE business bank account as well - Depending on the bank you should not have...

Malta has a corporate tax rate of 35%. This can be mitigated to as low as 5% for certain income and dividends, but to fully benefit that would require you to have a holding company in another jurisdiction. Cyprus also has corporate tax requirements, so again not the perfect solution. You could...

Sorry - auto spell correction got in there - I meant the UAE has a good reputation

Try an Ajman or RAK free zone company (both within the UAE). The Use has a good reputation but has no corporate or income taxes

sorry, since I gave no company name or contact details I did not consider it qualified as advertising!

Yes it does work, my company has been advising on international tax structures for decades. Cost varies per free zone used but is around (converted from UAE currency) £3,000-£5,000 for the company with virtual office… roughly £1,000 for the medical and visa plus about £4,000 for a flat for the...

You may find it useful to get a UAE free zone company (RAK, Ajman etc). Although this may be a little more expensive you get the right of a residence visa with these companies which you can then expand into a tax residency visa (you will need to spend about 2 weeks in the UAE and take a...

The Euro Pacific Bank will not accept applications from US or Caribbean citizens… this includes where the directors or beneficial owner of a LLC/IBC are US/Caribbean. If you want a work-around you would be better getting a formation agent who offers a "fully managed" package where your name does...

If you are worried about being "found out" then you could instead set up a Ajman (UAE) free zone company, plus an arab bank (Emirates etc). You then stay in the UAE for a couple of weeks to apply for tax residency. Once obtained you only need to visit a couple of times per year to keep your tax...

Moving to Puerto Rico will mean the bank does not have to report account ownership under the CRS rules (new OECD rules). This makes it more attractive for those people who would rather not have all of their information passed to the tax revenue of the country they are resident in