Billionaire money keeping strategies. Learn where billionaires keep cash and how they invest their funds. Investing as a millionaire: where do rich people keep their money in investments? Trusts for millionaires and billionaires: enjoy the best asset protection out there. How do millionaires insure their money? Assistance with asset protection and many more from International Wealth.
We offer you to buy an apartment in a new luxury residential complex in Dubai from the well-known developer DAMAС Properties. By purchasing an apartment at a bargain price, you can also get a UAE residence permit.
Can't decide which form of organization best suits your business needs? Our experts have prepared a detailed guide on this topic to help you make the right choice!
Are you thinking of learning Turkish? You may need it for personal communication, relocation to the country, or for business. No matter what your purposes are, you will start with the basics. It’s always hard to start learning a new language as, first of all, this is a journey into the unknown that may scare you off, and second, this is quite a long-term project. What we try to do in this post is to make this journey more familiar to you, show the basic “map” of the road, and probably even get you interested and motivated in making your first steps. Ready to see new horizons? Get in and off we go!
Owning multiple businesses: tips and tricks. Setting up separate businesses like LP, LLC, or Corp S. Managing multiple businesses under one corporation or LLC. Holding company formation. How to own multiple businesses and structure them under one roof. Tax implications for multiple businesses under one corporation. Free consultations from industry experts to turn starting multiple businesses into an easy task.
When you come to another country (for a short-term or long-term stay), you need to keep in touch with those you left behind, which practically means that you need a local SIM card as roaming services may be too expensive. Turkey is a great country for a holiday or relocation, and it has its own peculiarities connected with telecom services that you should be aware of, or you risk finding yourself with a blocked phone. Read our article to find out how to buy a SIM card in Turkey correctly and why the country has a “telephone amnesty” procedure that you may find useful to synchronize with.
Key advantages and disadvantages of getting a residence permit for retired foreigners in Portugal. Cost of living and taxation. Expert advice and assistance.
Most widespread mistakes first-time business owners make. No business plan as a major startup trouble. Lack of focus on cash flows and profits. Launching startups in the absence of reliable market research. Overwhelming range of products. No organic marketing investments. Too much attention to promotions and discounts. Refusal of assistance. Not knowing your target audience. Absence of a strong marketing plan. No intellectual property protection.
The cheapest country to start a business offshore in 2023. Outlook, warning, advice. Where is it cheapest to incorporate? What should you be aware of when selecting a cheap offshore company formation offer? How to get not the cheapest but the best of both worlds?
The technological progress is unstoppable and the new technologies that appear bring new opportunities. Besides, there are several development tendencies in the present day that should be of interest to those entrepreneurs who like to look ahead. The article briefly describes some business opportunities available in the following ten areas: electro car manufacturing, electro car station construction, use of solar power, jetpacks, flying taxis, robot engineering, 3D printing, online education, cybersecurity, and care for the elderly.
Period required to update the Curacao gaming license. New license types in Curacao: B2C licenses for operators and B2B licenses for payment providers, platform providers, and game providers. Real presence as an old new trend. Crypto payments and taxes under the updated legislation. License fees.Transition period for current customers.
Is getting your mobile phone registered and paying a sizable tax in Turkey obligatory for you? Key regulations, immigrants’ experience, expert advice and assistance on the matter.
Dividends or salary – what works best for a business owner? Strengths and limitations of paying yourself a salary as a business owner. Dividends as an alternative method to make payments to business owners – consider potential advantages and hidden pitfalls. Salary or dividend taxes for business owners – which ones are smaller? General recommendations for business owners from International Wealth industry professionals.
We all know that the UAE is a rich country, and it offers really low tax rates which attracts a lot of immigrants. The logical question people ask is how it can be that the country does not get much from taxpayers and offers excellent living conditions and infrastructure. In this article, we will answer this question by giving you a brief overview of the UAE’s taxation system and the sources of the country’s wealth. We will also talk about the path toward UAE residency status and changes in the country’s taxation expected in 2023. Read the article to find out more details about this remarkable state!
Some time ago, offshore business was associated with money laundering, tax evasion, and other illegal practices. Today, an offshore company is simply a company incorporated in a country that is different from the country of its founder’s legal and tax residence. A foreign company. What makes the opportunity to register an offshore company attractive is that some jurisdictions offer tax incentives and asset protection mechanisms that are not available elsewhere.
People set up trusts for various purposes, asset protection and inheritance planning probably being the most popular ones. Some choose to create trusts in foreign countries rather than at home hoping to enhance the protection of their property even further. However, depending on the country, there can be some restrictions in place that can affect the efficiency of your foreign trust.
The level of corruption in various European countries. Best examples of combating corruption in Europe. Most relevant corruption markers.
The top 10 reasons for offshore company formation are driven by incentives in terms of geography, ease, costs, taxation, privacy, asset protection, internet and banking infrastructure, capital requirements and reporting. 2023 can be your great year to form an offshore company.
You have a choice of company ownership structures if you would like to go into business together with your spouse. You can form a joint Sole Proprietorship and then the married couple will be considered a single person for legal purposes. You can also start a Partnership, an LLC, or a Corporation. Sole Proprietors and Partners have unlimited liabilities while the owners of LLCs and Corporations have limited liabilities.
A holding company is a valuable instrument that can be applied in different situations, and rich people often create this business structure to take advantage of its benefits. First of all, a holding company can be used to protect assets, and this is essential if you have wealth. The structure will also help you reduce the tax burden and safely invest in startups (you will not be liable with all your assets in this case, just with the amount invested). You can optimize your expenses, divide your inheritance between family members, and even become exempt from US property tax – read on to find out.
When you create a trust, you legally surrender the property that you own to the trust. Because you are not the owner of the property any longer, there can be no legal grounds to take it away from you. At the same time, the Trust Deed specifies all the conditions on which the entrusted property shall be managed and you can continue to benefit from the property enjoying the high level of protection that the trust brings.
Startup and business choices in 2023. Industries with the highest failure rate: administrative services, garbage removal, information industry, art, and entertainment. Successful business tips: vending machine business, laundromats, rentiers – residential and office real estate rentals, warehouse management, transport companies, agricultural enterprises, and dump truck services – business potential in facts and figures, failure rate included.
Elite 3-bedroom villas in the UAE from Damac Properties: an investment in luxurious property at a low initial price. Expert advice and support in buying real estate and getting permanent residence in the UAE.
If you would like to close down a UK-registered company that is solvent, you can choose between two ways of doing that. The first method of company liquidation is called ‘voluntary strike-off’ and it is recommendable to companies with share capital amount below 25,000 pounds. If the amount is higher, voluntary members’ liquidation opportunity should be used to close down the company.
