GOFIRM

What is changing and how we solve it

Rule changes in the countries where we work — with links to sources. And cases: how clients opened companies and accounts, and how long it took.

Guide6 November 2026

China NRA account: what it is, who it suits and which banks open it

An NRA account is an account of a foreign company at a bank in mainland China, opened without a legal entity of your own in China. We explain how it differs from a regular account, who it suits, which banks open it and what to prepare before applying.

No WFOEOCBC and Chouzhou don’t need a company in China; HSBC and Standard Chartered expect an operating Chinese company in the group

Read
Guide6 November 2026

How to open a Georgia bank account as a non-resident or company in 2026

A non-resident with at least USD 500,000 in total balance opens a personal account at TBC Bank without travelling — by video call, while a company needs its director to meet the bank in person. The 2026 news: Georgia’s Deposit Insurance Agency has decided to double deposit insurance — up to GEL 100,000 from 1 January 2027.

No visit · a non-resident individual with USD 500,000+ opens an account by video

Guide6 November 2026

Kazakhstan account for a UAE company: banks, steps, documents

A UAE company can apply for an account in Kazakhstan without travelling — at Al Safi Bank in Astana, in USD, EUR and KZT. We submit the application online, then the original documents are sent to the bank; at regular banks the route is longer and, as a rule, the signatory has to visit.

No visit · company account at Al Safi Bank: online application, originals sent to the bank

News6 November 2026

E-invoicing in the UAE: who it applies to and from when

From 2027, invoices between businesses in the UAE are issued only electronically, through an accredited provider. Companies with revenue below AED 50 million must appoint a provider by 31 March 2027.

1 July 2027 · mandatory for revenue below AED 50 million

Guide6 November 2026

UAE free zone corporate tax: when QFZP status gives 0% and when 9%

A free zone alone does not give 0%: the 0% rate on qualifying income with no threshold goes to a company with status. Miss one condition and the standard rates apply for the current and the next four tax periods.

0% · on qualifying income of a company with QFZP status

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Egor ChernyshevEgor ChernyshevFounder and Managing Partner · Structures, holdings and foundations
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