Proof Of Funds

Proof Of Funds

Nurture your foreign Buyers “Cultural and economic differences should not be a barrier to success” The European countries is at the world’s forefront of accountancy, documentation, KYC, AML and have the highest demands for proof of funds. This can be challenging for other economies and cultures to enter, as rules and regulations are completely different. This is for a fact only increasingly getting tighter. After doing some market research in the real estate sector in Europe, we have concluded that a lot of international clients have difficulties meeting the EU requirements for “proof of funds”. This results in poor execution, longer waiting time, and in many cases “no deal”, which is in no interest of either the client, the seller or you as an agent. Understanding your clients is very important. So how can we help? The best scenario would be to open a dialogue with the client in good time forehand and make an all-around pre-approval forehand. We have a long history of cross-country personnel...
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Crypto Related Business in Dubai

Crypto Related Business in Dubai

Dubai is open to licensing blockchain-related business, and crypto's as securities. Dubai is apart from being a very secure and dynamic city also very modern and openminded to new businesses and technologies. Dubai is built by entrepreneurship and very high prominent persons from all over the world. However, Dubai is also getting more corporate and professional in terms of opening companies and bank accounts, especially in the older and more established banks. This means higher capital requirements, deeper KYC, proof of funds and a sustainable and professional business plan. If above mentioned is presented with a proper manner, the establishment within blockchain and crypto-related business are not a problem. ...
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Re-Invoicing

Re-Invoicing

Example Of Re-Invoicing Re-invoicing is typically the use of a tax haven corporation to act as an intermediary between two companies as a more lucrative placement of profits. Typically in 0-5% tax jurisdictions. What would be an example of re-invoicing? “Company A” is buying goods from “Company B” for the price of 400.000 EUR. They expect to sell the goods for 1.000.000 EUR, which is a profit of 600.000 EUR. In Company A’s country, the company tax pressure is 30%, which means they have to pay 180.000 EUR on their profits. Let’s say “Company A” used our re-invoicing service. Our offshore entity “Company X” would then buy the 400.000 EUR goods from “Company B” and then sell it to “Company A” for example 900.000 EUR. The profit is now only 100.000 EUR in “Company A’s” country, leaving a more digestible tax bill of 30.000 EUR. This could also be brought to zero but is often not a very longterm solution towards the local authorities. In...
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