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Bitcoin Suisse Review – A Well Established Player on an Emerging Market
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* By JohnLocke
* Apr 14, 2020
* Reading time: 1 minutes
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Everything You Need to Know About the Corporate Tax in the UAE – What to Do &
What to Avoid
EVERYTHING YOU NEED TO KNOW ABOUT THE CORPORATE TAX IN THE UAE – WHAT TO DO &
WHAT TO AVOID
The UAE has become a leading business hub over the past couple of decades. These
days, it’s one of the strongest financial centers in the world. Pretty much
every advantage offered had the main purpose of drawing foreign investment. The
end of 2022 came with a slight change. The UAE brought in a federal law change
to implement a corporate tax. It happened in December, 2022. Prior to this
update, the UAE has been seen as a tax haven. After all, there was a 0% tax on
all profits made in the UAE. The tax haven didn’t apply to oil exploration
businesses though. Now, this new tax became effective on June, 1st, of this
year. It was described as a goal for the UAE government to accelerate its
development even more, but also to add to its...
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* By JohnLocke
* Aug 12, 2023
* Reading time: 10 minutes
*
* Replies: 37
Form 5472 + 1120 for LLCs Explained & Top Other Forms You’ll Most Likely Need to
File
FORM 5472 + 1120 FOR LLCS EXPLAINED & TOP OTHER FORMS YOU’LL MOST LIKELY NEED TO
FILE
Planning to start an LLC (Limited Liability Company) in the USA? You better get
ready to deal with one of the most bureaucratic systems in the world. At first,
it’s perfectly normal to feel overwhelmed with the wide variety of forms and
requirements in terms of paperwork, but once you get used to it, it becomes a
breeze. There are certain documents you need to learn about to ensure you meet
all the regulations. While the list may vary based on the type of business or
industry, here are the most common forms and what each of them requires.
Understanding Articles of Organization This is the first form you’ll have to pay
attention to. The form will basically create your LLC and register it with the
Secretary of State. Obviously, before...
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* By JohnLocke
* Jul 31, 2023
* Reading time: 13 minutes
*
* Replies: 11
Banking Scams Going Further With the Growth of Offshore Opportunities
BANKING SCAMS GOING FURTHER WITH THE GROWTH OF OFFSHORE OPPORTUNITIES
Fraud and scam refer to the exact same thing, and unsurprisingly, they seem to
target every segment or industry that seems to gain popularity. Unfortunately, a
moment of inattention is more than enough to lose thousands, if not more. As if
offshore banking isn’t seen with shady eyes already, some banks and institutions
are making the whole situation even worse by grabbing customers’ money in
illegal ways and failing to return them when needed. Offshore banking is not in
the best situation at the moment. With quite a few scandals over the past few
years based on leaks and governmental institutions hunting citizens' money
abroad, legitimate banks seem to struggle to get new clients due to this overall
feeling of negativity. Plus...
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* By JohnLocke
* Jul 26, 2023
* Reading time: 13 minutes
*
* Replies: 4
List Of Some Weakest Currencies Across The World For 2022
LIST OF SOME WEAKEST CURRENCIES ACROSS THE WORLD FOR 2022
Every day the market gets more and more unstable. The prices of the goods are
constantly changing, and with it, the currencies exchange rates. It is not easy
to predict what will happen tomorrow, but we need to be prepared for any
scenario. This list will help you understand if your currency will appreciate or
depreciate. Are you planning a vacation abroad? Do you have a budget set for
your next big purchase? If so, currency exchange rate fluctuations could have an
adverse effect on your finances depending on which countries you visit and what
goods you buy. However, for all those travelling enthusiasts looking for the
best travel destinations worldwide, a country with a weak currency can be a
cheaper alternative. Every day...
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*
* By JohnLocke
* Jun 7, 2022
* Reading time: 15 minutes
*
* Replies: 3
Liechtenstein Company Formation – Is It Worth Your Time & Money?
LIECHTENSTEIN COMPANY FORMATION – IS IT WORTH YOUR TIME & MONEY?
Most people would be unable to locate Liechtenstein on the map, yet those with
an entrepreneurial spirit can probably relate to it as one of the safest and
most stable jurisdictions in Europe – not a tax haven, though. Liechtenstein is
a micro state – a constitutional monarchy – located between Austria and
Switzerland. Covering just over 60 square miles, it has fewer people than a
neighborhood in a large city – less than 40,000. With all these, Liechtenstein
has a few different municipalities, and its capital is located in Vaduz. Now,
here comes the interesting part. From a financial point of view, Liechtenstein
is among the countries with the highest GDP per person in the world. Back in the
day, Liechtenstein was known as a tax...
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* By JohnLocke
* May 24, 2022
* Reading time: 15 minutes
*
* Replies: 5
Luxembourg Company Formation Explained & Step by Step Instructions
LUXEMBOURG COMPANY FORMATION EXPLAINED & STEP BY STEP INSTRUCTIONS
If you are into business, entrepreneurship, or offshore applications, chances
are you have seen Luxembourg popping up every now and then among the best
jurisdictions to start a business in. For many years, it has been credited as a
tax haven for wealthy business people. Obviously, things have changed a lot over
the past decade, and the concept of a tax haven is no longer what it used to be.
There are different reporting standards these days, as well as anti-money
laundering directives and laws, so pretty much everything is reported. It is
almost impossible to find a proper tax haven to hide your money these days. With
all these, Luxembourg is still among the modern tax havens – the kind of places
where you cannot really hide money...
View full article »
*
* By JohnLocke
* May 24, 2022
* Reading time: 15 minutes
*
* Replies: 6
Cyprus Company Formation – Rules, Laws, Steps & Tax Optimization Explained
CYPRUS COMPANY FORMATION – RULES, LAWS, STEPS & TAX OPTIMIZATION EXPLAINED
Despite being part of the EU – an advantage for some – and reporting foreign
accounts on request, Cyprus is still an attractive jurisdiction for
entrepreneurs from all over the world. Sure, it may no longer be the tax haven
you knew a decade or two ago, but the environment is still business friendly. It
pays off researching everything before deciding on Cyprus company formation.
There are more types of companies you can go for, and each of them comes with
pros and cons. All in all, here is everything you need to know before investing
your money. Why incorporate in Cyprus Compared to other countries in the EU,
Cyprus has the lowest tax rate – set at 12% only, so it is still an advantage
that can help you keep more of your money. The...
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*
* By JohnLocke
* May 23, 2022
* Reading time: 15 minutes
*
* Replies: 17
New Mexico Company Formation – Tips, Tricks, Pros & Cons
NEW MEXICO COMPANY FORMATION – TIPS, TRICKS, PROS & CONS
It may sound surprising to some, but the truth is most people running LLCs in
New Mexico do not actually live in New Mexico. On the same note, New Mexico
company formation seems to be a trend these days, as the state has become
extremely attractive for business people. The state is extremely popular among
those who want to keep low costs, optimize taxes and even get some extra
privacy. It is easy to tell why – after all, there are no annual fees or
reports. You only need a registered agent, which every state in the USA
requires. You can even file for LLC over the Internet, so there is no need to
travel there. All in all, there are a bunch of small things that have changed
the business face of New Mexico. This article will explore the...
View full article »
*
* By JohnLocke
* May 21, 2022
* Reading time: 16 minutes
*
* Replies: 1
Everything You Need to Know Before Starting a Wyoming Company – Pros, Cons &
Guide
EVERYTHING YOU NEED TO KNOW BEFORE STARTING A WYOMING COMPANY – PROS, CONS &
GUIDE
Most commonly, it makes sense to incorporate a business in your own state,
whether you register a small business, a medium enterprise, or even a large LLC.
Most people choose this option because they are familiar with the laws and,
well, it is more convenient. However, there are also people who choose to go a
long way and get out of the comfort zone. Sometimes, it is worth traveling and
becoming familiar with a new state, especially if this effort brings in a
plethora of advantages. A Wyoming company is one of the hottest topics in the
entrepreneurship industry these days. You do not necessarily have to reside in
Wyoming to start a company there, so more and more business people choose this
state for incorporation. At this point, you...
View full article »
*
* By JohnLocke
* May 19, 2022
* Reading time: 16 minutes
*
* Replies: 5
How to Make Your Delaware Company Tax Free – Full Guide, Tips & Tricks
HOW TO MAKE YOUR DELAWARE COMPANY TAX FREE – FULL GUIDE, TIPS & TRICKS
Incorporating in the USA seems like a bad idea at a first glance. Most
entrepreneurs would rather focus on low tax jurisdictions – in fact, if you play
your cards right, you might be able to avoid tax at all, without even breaking
the law. However, the USA does have some advantages and some states in
particular stand out. This is because while the whole country falls under some
general laws, each state has the right to come up with its own regulations.
Delaware is one of these states. More and more corporations choose Delaware and
for some good reason. But then, just like any other state, it has both
advantages and disadvantages. Here is everything you need to know about
incorporating a Delaware company. Benefits of incorporating...
View full article »
*
* By JohnLocke
* May 19, 2022
* Reading time: 16 minutes
*
* Replies: 1
Making Global Money Transfer Simple: A Complete review on Wise formerly
TransferWise
MAKING GLOBAL MONEY TRANSFER SIMPLE: A COMPLETE REVIEW ON WISE FORMERLY
TRANSFERWISE
A big name in the financial world, wise is a FinTech company devoted to making
international money exchange simple for its users. Because of its top-class
feature of sending money to other countries at minimal charges to most banks,
wise is gaining immense popularity. Additionally, they hold money in currencies
of different nations for their customers having both personal and business
requirements. wise is gaining massive attention from people looking to
facilitate cross-border money transfers and avoid paying massive taxes. This
rising attention is turning more people towards using wise for facilitating
global payments. However, before beginning to initiate payments using wise, you
need to go through this complete review. Once you...
View full article »
*
* By JohnLocke
* May 12, 2022
* Reading time: 15 minutes
*
* Replies: 2
What It Takes to Be Successful in Offshore Banking Bermuda
WHAT IT TAKES TO BE SUCCESSFUL IN OFFSHORE BANKING BERMUDA
Bermuda is one of the top-rated options on the market when it comes to offshore
banking. It has always been seen as a tax haven, and it has gained notoriety for
the excellent deals offered in terms of tax optimization and banking. Offshore
banking in Bermuda will allow you to optimize your assets. Plus, banking abroad
gives you new opportunities. Get used to a different banking system, other
quality standards, and different strategies for your business. With these
thoughts in mind, Bermuda is clearly not the only option out there. Different
people have different needs. But unlike other similar destinations, Bermuda has
always been clean and transparent. While tax-friendly, the jurisdiction has
never been involved in any scandals...
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*
* By JohnLocke
* May 7, 2022
* Reading time: 15 minutes
*
* Replies: 3
How to Protect Your Retirement Money With an Offshore IRA LLC
HOW TO PROTECT YOUR RETIREMENT MONEY WITH AN OFFSHORE IRA LLC
While saving for retirement is the norm, the truth is more and more people turn
to diversify their assets in order to avoid depending on the government. After
all, by the retirement age, there is not much you can do to get back on track,
so you truly depend on a bunch of rich individuals. If it is already too late,
you can still aim to diversify assets by diversifying your retirement plan and
even moving it abroad. Not only do you get protection against the American
government, but you could also end up with much higher returns in the long run.
Retirement account confiscation seems to be the norm these days. Governments
have proven already that they can cut pensions whenever a so-called crisis kicks
in. Basically, they help...
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*
* By JohnLocke
* Apr 29, 2022
* Reading time: 15 minutes
*
* Replies: 1
Gold Backed Cards Coming into Trends – How to Get a Gold Bullion Credit Card
GOLD BACKED CARDS COMING INTO TRENDS – HOW TO GET A GOLD BULLION CREDIT CARD
No matter how stable and civilized today’s society seems to be, the truth is
unrest is just round the corner. Nationalism is growing, as well as the
popularity of communism in certain parts of the world. Diversifying assets is a
must in such unstable times. Fiat currency helps in the short run, but never in
the long run – after all, most currencies are set to fail at some point or
another – based on history, of course. With these thoughts in mind,
diversification is often the key to more successful backup plans. The idea is to
diversify your wealth, so you can live comfortably even if unexpected situations
arise. While there are lots of options out there, two of them stand out in the
crowd. Digital coins represent a modern...
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*
* By JohnLocke
* Apr 28, 2022
* Reading time: 15 minutes
*
* Replies: 25
What to Know Before Choosing Your Offshore Services Provider?
WHAT TO KNOW BEFORE CHOOSING YOUR OFFSHORE SERVICES PROVIDER?
Whether you are going offshore for tax optimization, asset diversification, or
you simply plan to retire or live in a different country, it is imperative to
plan everything in small details. It makes no difference if you are trying to
find a more stable economy or just one with a low cost of living. Different
offshore entrepreneurs have different reasons to change their countries.
Sometimes, it is only a matter of becoming an international citizen or having a
plan B. Other times, you may find your local taxes to be too abusive, hence the
necessity of a different plan. No matter what you are after, there are normally
two days to do it. Here is everything you have to know before choosing offshore
services providers. Doing...
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*
* By JohnLocke
* Apr 19, 2022
* Reading time: 15 minutes
*
* Replies: 6
Bermuda Offshore Banking Explained – Pros, Cons, and a Few Instructions
BERMUDA OFFSHORE BANKING EXPLAINED – PROS, CONS, AND A FEW INSTRUCTIONS
Bermuda is one of the traditional offshore destinations for those looking to
diversify their assets or optimize tax. Over the past decade, the offshore
industry has been, indeed, affected by numerous leaks that have made it even
more difficult for entrepreneurs to go abroad. While some countries look like
dead ends, Bermuda has managed to retain its status. It has remained one of the
most transparent nations out there, providing high-quality results without
breaking any international laws or standards. Bermuda's reputation is still
clean. Despite maintaining a tax-friendly environment for entrepreneurs, the
island nation has not been targeted by larger countries trying to enforce their
own rules into foreign territories. Other...
View full article »
*
* By JohnLocke
* Apr 13, 2022
* Reading time: 15 minutes
*
* Replies: 5
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