23/09/2024
🇦🇪ОАЭ the most tax-friendly country to cryptocurrencies in 2024
International company Henley & Partners has published a ranking of countries loyal to cryptocurrencies in 2024
The first place is occupied by
🥇Singapore 🇸🇬
🥈 and in second place is Hong Kong 🇨🇳.
The ranking was based on criteria such as:
-public adoption
-infrastructure implementation
-innovation and technology
-legal and regulatory environment
-economic factors
-taxability/tax-friendliness
At the same time, the Emirates ranked first in the tax-friendliness indicator with a maximum score of 10/10.
10 points of the tax-friendliness indicator are scored by countries with the lowest taxation on crypto-transactions and clear tax policy on cryptocurrencies.