Alliance-dubai.net - News Archive 2015

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How to choose a foreign jurisdiction

How to choose a foreign jurisdiction

December 2015

How to choose a foreign jurisdiction A modern market is undergoing large-scale changes in almost all sectors, and its financial component is not an exception. A financial market, which operates today on the international stage, differs significantly from the former one, which operated a couple of years ago. According to the opinion of international experts and financial analysts, the issue of confidentiality of information and banking secrecy was a main impetus for the changes in the financial sector. Formerly, the world

Jones Lang LaSalle's Research, or what place is assigned to Dubai

Jones Lang LaSalle's Research, or what place is assigned to Dubai

December 2015

Jones Lang LaSalle's Research, or what place is assigned to Dubai An international analytical Agency Jones Lang LaSalle (JLL) has conducted a research aimed at identification of the most dynamic cities. In fact, it is a rating of the cities that demonstrate positive economic and social dynamics, and the growth of indicators in the domestic markets of the commercial real estate. It should be noted that the leading positions are assigned for the cities that are able to provide a reliable basis for the long-term projects. The

Swiss banks impose restrictions on foreign clients

Swiss banks impose restrictions on foreign clients

December 2015

Swiss banks impose restrictions on foreign clients Swiss banks have once again demonstrated that they are ready to work only with the wealthy clients. In particular, the largest banking groups in Switzerland have started closing foreign customers’ accounts. Such a sanction is imposed on the banking accounts with the balance less than 5 million US dollars. If the client does not agree with such approach, he must pay a fixed monthly fee for the banking account services. The average fee amounts to about 1 thousand Swiss

Tax residence certificate / residence abroad – UAE

Tax residence certificate / residence abroad – UAE

December 2015

Tax residence certificate / residence abroad – UAE Due to the increasingly complex laws of most countries in relation to taxation of companies and individuals, the time when it was possible to use the simplest solutions is almost coming to an end. Previously, for resolving issues of corporate tax planning, an ordinary offshore company abroad was sufficient in most of the cases. A private account in a foreign bank was, in its turn, a simple solution to optimize taxation of individuals. However, today such solutions are far

The Emirate of Dubai, the UAE: prerequisites and stimulus of economic growth

The Emirate of Dubai, the UAE: prerequisites and stimulus of economic growth

December 2015

The Emirate of Dubai, the UAE: prerequisites and stimulus of economic growth Based on the analytical and statistical reports of international organizations, it can be noted that the Emirate of Dubai is on the course of rapid economic development. According to experts, the growth of the national economy of the Emirate is based on the five different sectors that should provide annual GDP growth of 4-5%. In particular it concerns the following sectors of the national economy:  Market of financial capital; International

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