FAQs
Crypto Cash-Out FAQs
1. Is there tax on crypto gains in Dubai?
No, Dubai does not impose personal income tax on cryptocurrency gains.
2. Do I need a crypto license?
If you are conducting large-scale transactions or operating as a business, a license may be beneficial. Our team will guide you through the process.
3. How long does the cash-out process take?
The process typically takes between 24-72 hours, depending on the method chosen.
4. What are the available cash-out methods?
We offer multiple options, including direct bank transfers, OTC services, and licensed crypto exchanges in Dubai.
5. How is my information kept secure?
We work with trusted professionals who ensure complete confidentiality and compliance with UAE and Cyprus regulations.
6. Can I cash out large amounts at once?
Yes, but for large transactions, we may recommend obtaining a crypto license to ensure smooth processing and legal compliance.
Cyprus Trust FAQs
1. Who can set up a Cyprus trust?
Anyone, including individuals and businesses, can set up a Cyprus trust as long as they are non-Cypriot residents.
2. Is my trust information public?
No, Cyprus trusts are not publicly registered, ensuring complete confidentiality.
3. Can a Cyprus trust hold cryptocurrency?
Yes, Cyprus trusts can legally hold digital assets, making them an excellent solution for crypto investors looking for secure wealth management.
4. How long does it take to set up a trust in Cyprus?
The process usually takes 1-2 weeks, depending on the complexity of the trust structure.
5. Can I change the beneficiaries of my trust?
Yes, you can modify the trust deed to include or remove beneficiaries based on your preferences.
6. What happens if I want to dissolve the trust?
A Cyprus trust can be dissolved according to the terms of the trust deed or by agreement between the settlor and the trustee.
Cyprus Company Formation FAQs
1. How long does it take to register a company in Cyprus?
The registration process typically takes 7-10 business days, depending on document approvals and processing times.
2. What are the tax benefits of a Cyprus company?
Cyprus offers a 12.5% corporate tax rate, one of the lowest in the EU, and no withholding tax on dividends paid to non-residents.
3. Do I need to be a Cyprus resident to open a company?
No, non-residents can fully own a Cyprus company and operate internationally.
4. Can I open a bank account for my Cyprus company?
Yes, we assist with opening corporate bank accounts in Cyprus and abroad.
5. Is Cyprus good for crypto businesses?
Yes, Cyprus has crypto-friendly regulations, making it an attractive destination for blockchain and fintech companies.
Real Estate Investment FAQs
1. Can I invest in real estate in Dubai or Cyprus with crypto?
Yes, both Dubai and Cyprus have crypto-friendly real estate options, allowing investors to purchase properties using cryptocurrency.
2. What are the benefits of investing in Dubai real estate?
Dubai offers high ROI, zero property tax, and the opportunity for Golden Visa residency with qualifying investments.
3. What are the benefits of investing in Cyprus real estate?
Investing in Cyprus real estate can provide EU residency benefits, stable property appreciation, and access to a growing market.
4. Can I get residency through real estate investment?
Yes, both Dubai and Cyprus offer residency-by-investment programs for qualifying property purchases.
5. What types of properties can I invest in?
We offer access to luxury apartments, villas, commercial properties, and high-yield rental investments in both locations.
6. Do you assist with legal paperwork and financing?
Yes, we work with real estate lawyers and financial experts to handle all legal and financial requirements for your investment.