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.
Dubai Company Formation FAQs
1. How long does it take to set up a company in Dubai?
The process generally takes 5-10 business days, depending on the company type and jurisdiction (Free Zone or Mainland).
2. Can I own 100% of my Dubai company?
Yes, in Dubai Free Zones, you can have 100% foreign ownership without a local partner.
3. Are there taxes for companies in Dubai?
Free Zone companies enjoy 0% corporate tax and 0% income tax. Mainland companies may have different rules.
4. What are the benefits of a Dubai Free Zone company?
0% tax, full repatriation of profits, simplified import/export, and access to a global crypto-friendly ecosystem.
5. Do I need a physical office for my company?
Not always. Many Free Zones offer flexi-desk or virtual office solutions for flexibility.
6. Can I get a UAE residence visa with my company?
Yes, company owners, employees, and their families can be sponsored for UAE residence visas.
Banking & Financial Structuring FAQs
1. Can I open a bank account for my crypto earnings?
Yes, we help you access compliant bank accounts for crypto-related funds in Dubai and Cyprus.
2. What types of accounts can I open?
Business accounts, personal accounts, multi-currency accounts, and accounts with crypto-friendly banks.
3. Are there any restrictions on crypto transactions?
Our network ensures compliance with local regulations, so your transactions are secure and legal.
4. Can I have offshore accounts for asset protection?
Yes, we offer access to offshore accounts in secure jurisdictions for high-net-worth individuals.
5. How do you ensure my banking information is secure?
We work with regulated financial institutions that follow strict confidentiality and compliance standards.
6. Can I open a corporate account for my business?
Absolutely, we assist with corporate bank account setup for companies in Dubai, DIFC, and Cyprus.
DIFC Business Setup FAQs
1. What is DIFC?
The Dubai International Financial Centre (DIFC) is a global financial hub with an independent legal system based on English common law.
2. Who should set up a business in DIFC?
Financial institutions, fintech startups, investment firms, and businesses seeking a premium financial jurisdiction.
3. Are there tax benefits in DIFC?
Yes, DIFC offers 0% corporate tax, 0% income tax, and full foreign ownership.
4.How long does it take to register a company in DIFC?
The registration process typically takes 1-2 weeks, depending on compliance checks.
5. Can I get office space in DIFC?
Yes, we assist with securing flexi-desks, private offices, and premium commercial spaces.
6. What licenses are available in DIFC?
You can obtain licenses for financial services, fintech, consultancy, asset management, and more.
UAE Golden Visa FAQs
1. Who is eligible for the UAE Golden Visa?
Investors, entrepreneurs, property buyers (AED 2 million+), skilled professionals, and outstanding students are eligible.
2. How long is the Golden Visa valid?
The UAE Golden Visa is valid for 10 years and is renewable.
3. Can my family also get residency?
Yes, your spouse, children, and even domestic staff can be included under your Golden Visa.
4. Is there a minimum stay requirement in the UAE?
No, there is no mandatory minimum stay to maintain your Golden Visa status.
5. What are the benefits of having a UAE Golden Visa?
You gain long-term residency, 100% business ownership, tax-free living, and the ability to sponsor family members.
6. How long does the Golden Visa process take?
Typically, it takes between 2-4 weeks, depending on your eligibility and document submission.