UAE vs Cyprus for crypto trading company

flyingadventures662 said:

Your reply doesn't make sense.

It's exactly the opposite because if indeed untrue this tax claim is against his business interest.

In this case it can be his stupidity but out of thin air fabricating anti-marketing claims that go against him makes zero sense.

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CyprusLaw said:

As a general point, what he is doing is illegal. The type of services he is offering are regulated and cannot be offered by whoever decides to set up a consulting firm. Not sure how any serious professional or entrepreneurs would take decision based on advice received from an influence instead of a professional lawyer or tax advisor.

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CyprusLaw said:

As a general point, what he is doing is illegal. The type of services he is offering are regulated and cannot be offered by whoever decides to set up a consulting firm.

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ilke said:

Well, in the back-end it is probably a law firm or general licensed CSP, with him running some sort of white-label and reselling the services with a markup via his brand.

But, specifically in this case, he is sharing a lot of misinformation about the Cypriot tax system. Yes, your point is absolutely true

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