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Searching for the best tax system in the world – does it exist and where can it be found?

Searching for the best tax system in the world – does it exist and where can it be found?

The hardest thing in the world to understand is taxes. Albert Einstein   What is the “best” tax system and does it actually exist? Let us start with the basic question: how can an optimal tax system be defined, and by what criteria can its effectiveness and competitiveness be assessed? Economists, tax advisors, international experts, and business representatives generally agree that an absolutely perfect tax system does not exist...

Authors: Alliance Business AdvisorsRead more
What you need to know about opening a personal bank account in Dubai, UAE, and why you might need one

What you need to know about opening a personal bank account in Dubai, UAE, and why you might need one

In today’s global economy, having a reliable bank account with convenient access to international financial transactions is an important tool for both individuals and families engaged in cross-border activities. The banking system of the United Arab Emirates has traditionally been viewed as one of the most stable and well-regulated in the region, making Dubai a popular destination for opening personal bank accounts for both residents and non-residents...

Authors: Alliance Business AdvisorsRead more
Dubai International Airport

Dubai International Airport

“Dubai Airports. Connecting the world” – a slogan that fully reflects the mission of Dubai International Airport...

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VAT refund procedure for tourists in the UAE

VAT refund procedure for tourists in the UAE

The United Arab Emirates operates an approved, fully functional value-added tax (VAT) refund system for tourists. This system is administered by the UAE Federal Tax Authority (FTA) and is based on the international tax-free model, similar to schemes used in a number of European and Asian countries...

Authors: Alliance Business AdvisorsRead more
Bank account abroad: how to open one and which country to choose

Bank account abroad: how to open one and which country to choose

Opening a bank account abroad remains a востребованным solution for both individuals and corporate clients. The reasons may vary: conducting international business, settling with foreign counterparties, opening a merchant account, risk diversification, or accessing foreign banking products...

Authors: Alliance Business AdvisorsRead more
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