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Recent content by stb

  1. S

    Will UAE businesses no longer be able to accept cryptocurrencies as payment?

    No, Payment Token Services Regulation only bans unlicensed stablecoins. Bitcoin/etc are fine.
  2. S

    UAE Cracks Down on Unlicensed Crypto Firms

    Almost all tax havens have or will soon implement VASP regulations. Virtual assets that does not even touch fiat, are now expected to follow AML/KYC/etc. Same goes for corporate taxations. WTF is even point of island/desert tax havens if they are going to roll over so fast ?
  3. S

    UAE clarification of Freezone Qualifying Income

    Is software development considered "Manufacturing and processing of goods and materials" ? I agree with gloomy outlook of dubai as tax haven. There few key events past few years that suggest dubai is rapidly turning into a tax hell. Namely: sales tax, emiratization, corp tax and recent...
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