Interesting facts:

The most suitable and promising jurisdiction for opening an IT company is the Internet City in Dubai, UAE. Full version
Main picture: History of Offshore Zones

History of Offshore Zones

authorPublished by Elvira Savir author | Tags: offshore, business, taxes

Offshore zones are states or their designated territories where it is possible to legally open companies with minimal or zero tax rate.

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Main picture: Russian deoffshorization policy

Russian deoffshorization policy

authorPublished by Elvira Savir author | Tags: offshore, business, taxes

The problem of excessive use of offshore havens was first brought up by the Russian government in 2011. Transfer of money abroad via shell companies and absence of information about the final beneficiaries were singled out as the biggest threats of using offshore companies to the economy of the Russian Federation.

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Main picture: What is a bank secrecy? What is the degree of a bank’s responsibility for its disclosure?

What is a bank secrecy? What is the degree of a bank’s responsibility for its disclosure?

authorPublished by Evira Savir author | Tags: Dubai, UAE, banks, bank

Privacy is one of the main issues of concern for bank clients. Let us understand what is included in the concept of bank secrecy, and what is the responsibility of a bank for its unlawful disclosure.

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Main picture: Buying property on the name of an Offshore Company in the UAE

Buying property on the name of an Offshore Company in the UAE

authorPublished by Evira Savir author | Tags: Dubai, UAE, offshore, property

One of the advantages of the offshore companies in the United Arab Emirates is a possibility to purchase a real estate on the name of a company.

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Main picture: Closing a Bank Account in the UAE

Closing a Bank Account in the UAE

authorPublished by Elvira Savir author | Tags: Dubai, UAE, banks, bank

There can be different reasons to close a bank account in the United Arab Emirates. For example, in the case when the dissolution of an offshore or onshore company is planned, or if you want to change one bank to another which offering more attractive conditions, or you simply do not need a bank account anymore.

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