Investments of pension funds are limited to certain low and medium risk options provided by the government, and withdrawals are scrutinized to prevent people from spending their money recklessly.
Choosing a pension scheme on the QROPS list means you don’t have to pay income tax, and can also finalize the transfer without having moved to Switzerland.
The current regulations in Vietnam that govern offshore engagements include entrustment and self-trading for corporations, and share awards schemes run by foreign companies for individuals.
If you are staying in Baghdad for business services, avoid any large gatherings of individuals beyond Kurdistan region. If you feel alert to any nearby violence, leave the region immediately.
To begin, everything starts with deciding on the best generator for your unique power requirements. To find out more on that, see our other article on deciding how big is generator. Once you've determined the scale you'll need, then it's time to start out looking at lots of other factors.
The system of zero corporate and personal tax in Dubai makes it unique in terms of costs that businesses face, and income deductions for individuals. Expats should especially look into tax liability for funds they could face in their home state.
Experts say that the oil price decline has affected Egypt a lot less than the other GCC countries, especially Saudi Arabia. In Egypt, the main issue has been currency devaluation.