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When the OECD announced that Cyprus, along with Luxembourg and Seychelles, had been deemed to be substantially compliant with the Global Forum on Transparency and Exchange of Information for Tax Purposes requirements, Cyprus' “tax haven” status was formally abolished.
Cyprus is one of Europe's most significant commercial centres due to its geographic position, but it also has other characteristics that attract international investors looking to start a business in Cyprus. In the 2019 World Bank Doing Business Report, it is ranked 57th in terms of ease of doing business.
Seychelles is an island country consisting of 115 islands, lies in the northeast of Madagascar in the Indian Ocean. Seychelles has the highest GDP per capita in Africa, recorded at $12.3 billion (2020) by the World Bank. The recent booming economic conditions have led to many new business ideas in Seychelles, especially in the offshore sector.
Dubai is a city and an emirate in the UAE, known for its ultramodern architecture, vibrant business community, free trade zones and high life standards. Dubai is a home for international startups thanks to the number of investors starting a business in Dubai as a foreigner is increasing year by year.
Many investors always think that doing business in general and company registration in Europe in particular is not an easy thing for foreigners. However, if you know the things to keep in mind in this article below, Europe will no longer be an out-of-reach market.
When you start a business in Europe, you gain immediate access to one of the world's most advanced business hubs, complete with sophisticated infrastructure, strong legal protection, and a highly skilled workforce.
In most cases, companies are not required import or export licenses since 95 percent of all products exported from or imported into the United States are license-free. US export control laws and regulations decide which countries a product may be shipped to and to whom it can be sold.
Today, many international investors agree that Europe is ideal for a sustainable business. Formerly known as the “Old Continent”, Europe is widely considered one of the best investment options for those who are looking for a new overseas business opportunity.
Learning about the country and its economic status you are about to do business in is very important and necessary. In this article, we will bring you a guide to doing business in the Bahamas so you can have the most comprehensive overview before making your decision.
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