Which country recenlty launched the tax-free financial zone?
Options
1) United Arab Emirates
2) laos
3) china
4) japan
answer
1) United Arab Emirates
other details
Abu Dhabi is creating a financial free zone with its own administration, court system and zero tax incentives designed to lure banks and companies from around the world.
Hector Sants, former head of Britain's financial services regulator, is the adviser and Richard Teng, former chief regulatory officer at the Singapore Exchange, is chief executive of the ADGM's new regulator.
ADGM would host various types of bank, foreign exchange and commodity trading firms, brokerages, pension and investment funds
Abu Dhabi, the capital of the United Arab Emirates, off the mainland on an island in the Persian Gulf.
Its focus on oil exports and commerce.
Options
1) United Arab Emirates
2) laos
3) china
4) japan
answer
1) United Arab Emirates
other details
Abu Dhabi is creating a financial free zone with its own administration, court system and zero tax incentives designed to lure banks and companies from around the world.
Hector Sants, former head of Britain's financial services regulator, is the adviser and Richard Teng, former chief regulatory officer at the Singapore Exchange, is chief executive of the ADGM's new regulator.
ADGM would host various types of bank, foreign exchange and commodity trading firms, brokerages, pension and investment funds
Abu Dhabi, the capital of the United Arab Emirates, off the mainland on an island in the Persian Gulf.
Its focus on oil exports and commerce.
