Summary 1 week For an LLC — TRY 10,000 None with certain exceptions None None 25% Relative to other countries Medium Short What Are the Advantages of Company Formation in Turkey? Turkey offers and continues to develop significant business advantages for foreign [...]
The History of FAB FAB – First Abu Dhabi Bank – was formed in 2017 as a result of the merger between the National Bank of Abu Dhabi and First Gulf Bank. At the time of its creation, FAB became the largest bank in the UAE and remains so today. A significant share of [...]
Benefits of Company Registration in Singapore Let’s take a look at the key advantages of company registration in Singapore. Favorable taxation. One of Singapore’s main advantages is its territorial tax system. Simply put, only income earned within Singapore is taxed. Profits made outside of Singapore and not transferred to the country are tax-free. This allows [...]
Summary Abu Dhabi Trade, service, production The ammount depends on the activity chosen Requirements are not set by the free zone and depend on the company's turnover. About Abu Dhabi Global Market The ADGM Free Zone was established in 2013, became fully operational [...]
Summary Dubai Service, IT and other types Depends on the chosen activity Requirements depend on the company's activities and turnover and are not imposed by the free zone itself. Advantages of Dubai Technology Entrepreneur Campus Tailored Solutions for Entrepreneurs Dtec stands out with its [...]
Summary Ajman Trade, service, industrial, e-commerce None None Under certain conditions, none 2 work days Advantages of the Ajman Media City Free Zone Possibility of establishing a company with 100% non-resident ownership The AMC free zone allows the registration of a [...]
What is a DAO A decentralized Autonomous Organization (DAO) is a type of “blockchain organization" that is structured to operate without a central governing body. In other words, a DAO is a company that relies on blockchain technology and smart contracts to automate traditional decision-making and management processes. Members of a DAO hold crypto [...]
Territorial and worldwide taxation principles Understanding how and where worldwide and territorial taxation principles apply allows business owners to select the most advantageous jurisdiction for their specific goals. When choosing a country for international business, taxation becomes a key consideration. Both of these principles involve the concept of a "resident company." So before delving [...]
Changes as of September 1, 2023 Applications for new master licenses for online gaming will be accepted and processed directly from operators in accordance with existing legislation; An online portal for the Gaming Control Board (GCB) will be established for: Receiving applications for new licenses; Registering operators working under existing sub-licenses. The portal will [...]
What are the new VAT rules about? Simply put, foreign companies supplying electronic services to individuals / private entrepreneurs in Ukraine in the amount exceeding USD 37,000 (as at Dec 2021) within a calendar year should comply with new tax requirements in Ukraine. How Ukraine defines "electronic services"? Electronic services are the services supplied [...]
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