27.11.2023, 15:56
What is the difference between passive and active companies?
Suppose you have opened a foreign account for a company or are in the process of opening one. In that case, you have probably encountered questions in the questionnaire about its international classification: financial/non-financial, passive/active. It is no coincidence that these criteria are included in the questionnaire, as they significantly affect your tax bill.
24.01.2024, 14:53
Taxation Features in the UAE: The New Corporate Tax
The United Arab Emirates has always been a magnet for international business, thanks to its zero corporate tax policy. However, in the context of global economic integration and efforts to combat international tax evasion, the UAE government has decided to implement a new system of this direct tax, levied on a company's net income, starting from June 1, 2023.
20.03.2024, 10:52
International trust in the UAE has increased: the country's removal from the FATF gray list
The UAE has taken a significant step in strengthening its status in the global economy: the country was removed from the Financial Action Task Force (FATF) gray list, an international organization that develops and promotes measures to combat money laundering and terrorist financing. The decision was taken at the last FATF meeting held in Paris on February 23, 2024. Thus, the international regulator recognized the efforts of the UAE in the field of ensuring financial stability and security.
26.06.2024, 09:46
Designated Zones in the UAE
In honor of the second anniversary of our office in Dubai, the international legal consulting company Antwort Law continues a series of articles about business in the UAE and our next article will tell about the designated zones of this country, created to further stimulate economic growth and attract foreign investment. We'll take a closer look at what gated zones are, the benefits they provide, and how your company can take advantage of these zones for your company.
01.07.2024, 11:53
The real underbelly of the passport business: how to avoid fraud
Antwort Law has been successfully operating in the international legal consulting market for 8 years, providing support to clients, including in complex issues of obtaining a residence permit, permanent residence and citizenship. In this article, we would like to highlight the reality of the prospect of becoming a citizen of a foreign country “quickly and for money” and share our experience for those who are serious about obtaining a second passport.
15.07.2024, 09:48
How non-domiciled status affects family members of the status holder
International law firm Antwort Law specializes in comprehensive advice in the field of tax planning and regulation in the UK. One of the most interesting and complex issues in this area is non-domiciled status and its impact on family members of the status holder. In this article, we will look at various aspects and examples to help you better understand how being a non-homeowner can affect your family.
17.07.2024, 11:44
CFC in the UK
International law firm Antwort Law provides advice on various aspects of international tax law, including controlled foreign company (CFC) rules in the UK. In this article, we'll take a closer look at how these rules work, who they affect, and what consequences they may have for individuals and businesses.
24.07.2024, 08:50
Offshore in Scotland: myth or reality
There is a common belief among entrepreneurs and investors around the world that registering a company in Scotland provides significant tax benefits. Is this really true? We invite you, together with Antwort Law, to objectively evaluate the real legal features, opportunities and advantages of this part of the UK and find out whether Scotland can be called an offshore zone.
05.08.2024, 08:30
How to reduce Corporate Tax in the UAE in 2024?
In order to align tax policy with international standards and increase transparency, the UAE has introduced a corporate income tax since 2023. The tax rate is 9% on income exceeding AED 375,000 (approximately US$100,000). This innovation has significantly changed the tax landscape for businesses in the country. International law firm Antwort Law will offer legal ways to minimize your tax liabilities in 2024, while maintaining your competitive advantage.
07.08.2024, 08:55
Legal aspects of online game production
Online gaming has become a real phenomenon and one of the most profitable segments of the entertainment industry. Behind the scenes of this business, there are many legal issues that require careful consideration and a professional approach. For example, Epic Games (Fortnite) faced lawsuits for copyright infringement and unauthorized use of dance moves, and the developers of the Pokémon GO game faced legal problems due to violations of user privacy. Leading experts at Antwort Law have analyzed the legal aspects of online game production and are ready to share their knowledge and experience.
02.09.2024, 10:48
Legal aspects of international logistics and transportation
Companies in the field of international logistics and transportation of goods face many legal challenges: concluding contracts of carriage, managing carrier liability, customs regulations, complying with international standards and resolving logistics disputes. Antwort Law has prepared a detailed overview of these legal aspects to help companies successfully navigate the complexities of international logistics.
16.09.2024, 11:09
International Double Taxation Agreements: Benefits and How to Avoid Double Taxation
International Double Taxation Agreements (DTAs) are bilateral or multilateral agreements between countries that define what income and assets are subject to taxation in each of the countries participating in the agreement to prevent double taxation of income and capital. The first double taxation agreement was signed between Austria and Hungary in 1899. To date, there are more than 3,000 such agreements in the world. In this article, the international law firm Antwort Law provides an overview of the main aspects of the SIDN and how to use it.
09.10.2024, 12:11
What do you need to know about tax residency when changing your country of residence?
Changing your country of residence is an important step that requires a deep and comprehensive understanding of the tax implications associated with changing your tax residency. International law firm Antwort Law is ready to tell you about the key aspects of this process, its complexities, and provide advice and recommendations for a successful transition to a new tax regime.
28.10.2024, 11:32
How is tax authority access to your EU bank accounts regulated?
Many of the clients of the international law firm Antwort Law, being tax residents of the EU, often ask questions about how accessible their bank accounts are to local tax authorities. In this article, we decided to examine this issue in detail and explain how tax authorities’ access to bank accounts of EU residents is regulated, as well as what is happening with the concept of bank secrecy and how it is interpreted in different countries.
25.11.2024, 11:06
Top 5 mistakes when starting a business in the UAE
The UAE, despite the introduction of corporate tax, remains an attractive jurisdiction for many investors and entrepreneurs due to its favorable conditions for doing business. You can find a lot of advice and information on how to open a business in the UAE on the Internet, but we, as specialists of an international legal consulting company, often encounter the fact that clients come to us with incorrect ideas or having already made certain mistakes. In this article, we will analyze the most common misconceptions and tell you how to avoid such situations.
13.01.2025, 12:04
Logistics company in the UAE: what are the benefits and features of opening
Antwort Law, an international law firm, has been helping entrepreneurs from all over the world resolve legal, tax and banking issues for over 8 years. We are ready to provide you with comprehensive support in opening a logistics company in the United Arab Emirates (UAE), given its advantages as one of the most promising jurisdictions for business.
22.01.2025, 11:18
Changes in the list of low-tax jurisdictions: what awaits business in 2025?
The New Year brings important innovations to Ukrainian business that will affect cooperation with international partners. The government has updated the list of low-tax jurisdictions, excluding several key countries from it, such as the United Arab Emirates, Hong Kong and Cyprus. But does this mean that the rules are immediately simplified?
29.01.2025, 12:51
How a blogger can enter the international market: legal instructions for beginners
Many successful bloggers strive to go international to expand their audience, increase their income, and strengthen their influence. However, to ensure that your internationalization is not only successful but also safe, it is important to prepare for the legal aspects of this process. In this article, the Antwort Law team shares detailed instructions for bloggers who want to conquer the international market.
05.02.2025, 12:08
Regulation of cryptocurrencies in the Middle East: legal status, restrictions and prospects
Cryptocurrencies are confidently conquering the world, and the Middle East region is not staying away from the global trend. Countries in this region demonstrate different approaches: from supporting and stimulating innovation to prohibitions and cautious control. Economic ambitions, technological initiatives and religious traditions are intertwined here, which creates a unique landscape for crypto business and investors. The Antwort Law team has prepared for you a detailed review of the legal status of cryptocurrencies in the Middle East, the historical context, development prospects and specific recommendations for investors and businesses.
10.02.2025, 10:57
How to choose a tax consultant for business abroad?
Taxes are just one part of doing business, but compliance with foreign tax laws without a proper understanding of their nuances can result in serious problems: from huge fines and account blocking to a complete loss of trust from clients and partners.
27.02.2025, 08:24
Payment solutions for a company from El Salvador: where to open an account?
El Salvador is rapidly becoming a major hub for cryptocurrency and traditional financial companies.
Opening a cryptocurrency company involves more than just registering a business and obtaining a license; it also involves access to banking services. Without a corporate account, it is impossible to conduct financial transactions, accept payments, and operate legally. El Salvador is a unique jurisdiction where you can not only register a cryptocurrency company, but also successfully open a bank account.
17.03.2025, 12:32
Crypto Companies in El Salvador: Taxes, Reporting, and Auditing
El Salvador became the first country in the world to recognize Bitcoin as an official means of payment, which attracted the attention of crypto companies from all over the world. Liberal tax policies and a business-friendly environment have made the country an attractive destination for crypto companies. Despite its advantages, doing business in El Salvador requires compliance with a number of tax and accounting obligations that are necessary for proper operation and compliance with the law. Let's figure out what taxes and reporting and auditing obligations apply to crypto companies in El Salvador.
09.04.2025, 11:26
International Capital Amnesty Programs: Legalization of Assets in the Legal Field
Modern tax systems are rapidly moving towards full transparency. Automatic exchange of financial data (CRS), tightening control over foreign assets and new tax reporting requirements make it impossible to hide income abroad without serious consequences. In these conditions, timely legalization of previously undeclared assets becomes not only a way to avoid fines and sanctions, but also an opportunity to build a transparent financial strategy for the future.
05.05.2025, 15:21
VAT and Cryptocurrency Mining in the UAE: Key Changes in 2025
In 2025, the tax regulation of cryptocurrency mining in the UAE underwent significant changes, affecting both private miners and companies providing computing power services. In this article, international law firm Antwort Law will analyze the key aspects of mining taxation in the UAE, including the difference between mining cryptocurrency for personal use and providing services to third parties, the nuances of applying the VAT reverse charge mechanism for non-residents, as well as possible tax risks. We will also tell you how Antwort Law helps cryptocurrency businesses ensure tax transparency, avoid fines and optimize their tax burden.
