Work & taxes

A single residence/work permit can last up to 3 years. The stated decision period for a complete application is 15 days; company registration does not guarantee approval.

Single permit: work and residence. Up to 3 years; official complete-application review period is 15 days

Foreign-company employees, freelancers, local employees and owner-directors are different legal scenarios. Company registration does not automatically authorize personally working for that company.

Tax residence

Domicile/center of business and vital interests or 183+ days in 12 months starting or ending in the year.

Rates & limitations

Residents: worldwide income. Income-specific tax and additional annual tax are separate layers, not one rate for everything.

• Passport and immigration-status evidence; local identification number if required.
• Address evidence: lease, registration or utility bill as specified by the chosen bank.
• Tax IDs and tax-residence countries; CRS/FATCA self-certification when requested.
• Regular income evidence: employment contract and recent payslips, or freelance agreements, invoices and statements.
• Origin of savings: statement trail, property sale or inheritance records. For crypto, keep purchase, trade and withdrawal history—not just a wallet balance.

Prepare contracts, statements, tax numbers and source-of-funds evidence. Banking eligibility and tax residence do not arise automatically with a visa. This is a preparation pack, not an account-opening guarantee.

Before buying a business, separately verify debt, licenses, staff, lease, accounts and your residence basis. A purchase agreement does not replace immigration approval. When networking, check the legal entity and counterpart's track record before transferring funds.