Opportunities in Dubai  Dubai is an interesting place for business owners. You probably noticed socialist trend that has been growing in recent years, all over developed world. Lots of people and politicians believe that nobody should be very wealthy, and that those who make big amounts of money should be taxed heavily (even more than…

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Life in Dubai  The United Arab Emirates, sometimes simply called the Emirates, is a country in Western Asia at the southeast end of the Arabian Peninsula on the Persian Gulf.   UAE is a monarchy that consists of a federation of seven emirates: Abu Dhabi (also the capital), Dubai, Ajman, Fujairah, Ras Al Khaimah, Sharijah and…

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Tax Treaties  Tax treaties are introduced in order to avoid double taxation.   Let’s say that you have a company in Canada but are also doing some business in the USA, so you have an office there. So the USA will want to tax you because you have an office there, but Canada also wants to…

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Participation exemption  Traditionally if you had dividends paid to you from a company that would be taxable.   Very often you’d have that company owned by another company and they would receive dividends tax free.   The question is what if that company was foreign?    Let’s imagine you have a company in Bahamas, and that company…

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CRS and Automatic exchange of information Today we are talking about the advantage that Montenegro currently has that attracts people to come and bank here. What we mean here is automatic exchange of information and common reporting standards. Well, those will not be your issues if you are here.     In 2009. bank secrecy around…

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Opportunities in Montenegro    Today we will talk about different opportunities in Montenegro.  It’s quite easy to relocate to this beautiful country. Recently they introduced a Citizenship by investment program, about which we already wrote.     There are many reasons why you’d want to consider Montenegro as a place to visit, become a resident, do…

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An economic collapse would mean a grinding halt of economic activity. It would mean banks closing down, trucks stopping on highways, lack of food in the supermarket, high unemployment, no access to electricity and water, and a whole bunch of other hardships. Many countries in the world have faced economic collapses before. Yugoslavia in the…

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Opportunities in Georgia (country)  Georgia is quite an interesting place. Even though it might not be the most refined country in the world, there are lots of advantages for doing business here.  This a business–friendly environment, banking is very good and sophisticated and forming a company is not complicated. You only pay tax on distributions,…

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Things to consider when buying a second passport We all know that buying second citizenship is not an easy decision to make. You probably did lots and lots of research before taking any action. There is lots of data out there about this topic, however, some of it is outdated and not valid anymore. Some…

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