Professional Tax Services
Step Wealth now offers comprehensive international tax consulting and structuring services to our high-net-worth clientele who may own assets in multiple jurisdictions.

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Tax Services

Our tax planning journey begins with an in-depth discussion of your worldwide assets, net worth, and personal tax concerns and questions you would like to address in our consultation. 

Our specialized tax team will then diligently research multiple jurisdictions, international taxation, international tax conventions, and local tax laws to provide you with a comprehensive written report that will include important notations on tax and suggestions on mitigation and relief. 

Our services also include a complimentary analysis of your current portfolio by our Global Tax Consultant team so we can advise on any tax concerns or mitigation implementation that may be helpful. 

Once you review the provided report you may implement certain suggestions on your own or request more strategic international tax structuring (i.e. formation of trusts or offshore accounts). Should you wish to avail of our tax structuring advice services, we will team you with an international tax lawyer who will take your case further.

We Can Help You with the Following Services

  • Corporate tax planning
  • Transfer tax
  • Personal tax planning
  • International tax structuring
  • International tax research and advisory services
  • Treaty implications
  • Considerations for International Tax Mitigation
  • Global tax resources
Tax Planning
Tax Services

Topics Covered

  • Local tax laws specific to jurisdictions 
  • Income tax 
  • Local. State, and Federal tax 
  • Property Tax 
  • Exemptions 
  • Capital appreciation 
  • Suggestions on decreasing tax exposure 
  • Tax liability mitigation
  • International tax conventions 
  • Business and corporate tax
  • International tax compliance
  • International regulations

Key Benefits of Tax Services

  • Advanced international tax planning is the keystone to wealth creation and maintenance. Utilizing a licensed and knowledgeable international tax consultant can provide solutions in international tax mitigation such that tax liability is decreased, and wealth preservation is increased.
  • Various legal structures such as trusts, offshore accounting, and more can be implemented in order to avoid unnecessary and excessive taxes. In addition, the impact of various tax treaties between countries is imperative to understanding one’s tax liability and route toward mitigation.
  • Our clients come to us from a variety of high-net-worth backgrounds – both from the corporate and individual sectors – seeking international tax advice on a variety of tax concerns. Our ADIT and IBFD licensed international tax experts can assist in advising both for the purposes of immigration and as an ancillary service.

Step-by-Step Tax Planning Process

STEP 1:

Schedule a free 45-minute consultation with one of our internationally licensed tax professionals where we will discuss your background and main tax concerns, as well as timelines for appropriate international tax planning.

STEP 2:

Our licensed team of international tax advisors will research your concerns appropriately including treaty impacts on your assets, timelines, considerations for potential international tax mitigation, and more in order to provide you with a full report.

STEP 3:

A meeting will be scheduled in our offices in DIFC or via Zoom to discuss the research and advice provided by our licensed international tax advisors.

STEP 4:

The report will be provided to you in both hard and soft copies. Should you require further assistance with complex international tax structuring, we will work alongside you and our partner team of tax structuring specialists to implement the advice and considerations we have shared.

Why Choose Us?

  • ADIT and IBFD licensed international tax advisors on-site
  • Complex understanding of treaty impacts on foreign investment tax and international assets
  • Analysis of global tax compliance and asset treatment from global jurisdictions and interplay with one another.
  • Appropriate advice on tax mitigation structuring and considerations within the purview of immigration tax planning or other related areas.
  • Cost-effective tax advice from seasoned overseas tax consultants
Focused on your future

FAQs

Advanced international tax planning, prior to immigration, is an important step in wealth creation and preservation. Understanding global jurisdictions, including where your assets are located worldwide, and the impact of your new country of residency or nationality is imperative in protecting your wealth, and considering ways to mitigate tax liability.

Dual citizenship requires an in-depth analysis of the treaty implications on one’s assets in various global jurisdictions, and where tax residency is most advised. Dual citizenship means one can hold two nationalities, however, individuals must choose only one country for tax residency in most cases. It is imperative to understand the tax treatment of assets and income in various jurisdictions to best decide where tax residency and avoidance of dual taxation would be desired.

Oftentimes, immigrants wait too long to begin their international tax planning journey. It is encouraged that international tax planning begins in the early stages of the immigration journey so that various tax mitigating considerations and structures can be understood and implemented long before a second residency or nationality is acquired.

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