Vivek Shah (CA, LLB)

Today, I was invited by BCAS - Bombay Chartered Accountants' Society to address its members on the Starting a CA Firm in UAE. Here are the top 5 points every Chartered Accountant should evaluate before entering the UAE market:​ A Thread🧵👇

@outofofficedaku Website name?

There's a company which has made a link for all Schengen countries, where you can add your file number and DOB and track your application. It also tells you'll get to know your status of the application with regards to Approved, Rejected, In Process etc. They have added an additional layer in between the details submitted and the result shown. Your email id and phone number. And an OTP to authorize/login. This is basically data collection for the information they provide. OTP vetted data is very precious. The site shows the same status as the VFS Site would. You cannot know if the visa is approved or rejected until you get the passports back so don't fall for the same. Savdhan Rahe Satark Rahe #janhitmeinjaari

@Pivot2Centre Consider Surat. It checks points 1,2,3,4,5.

If I want to retire in India and want this, where should I end up? 1. Coastal city because pollution will be low 2. No danger of language warriors - I don’t intend to get into anyone’s way 3. Decent infra 4. At least 2 good hospital within 20-30kms 5. Airport within 2-3hr drive; railways station a major plus I can think of these: 1. Vizag 2. North Goa (Ponda, Mapusa) 3. Bhubaneswar (not coastal but you get the drift) 4. Udupi 5. Mangalore What else?

India's Asset Tokenisation (Regulation) Bill, 2026 proposes legal recognition for tokenised Real World Assets (RWA) like land & properties. It covers issuance, trading, custody & settlement. A regulation is the first step toward institutional adoption. #RWA #DigitalAssets

@mountain_rats Though this is the truth, no broker in Dubai will accept it. Truth is bitter for a reason.

Dubai has removed the minimum property value for its two-year residency visa for individual buyers. This move aims to boost realty demand. For jointly owned properties, the minimum stake per investor is now AED 400,000. This change is expected to attract mid-tier professionals. The decision follows a significant slump in real estate sales volumes in Dubai.

@mazen_barbir @JetourU Thank you for highlighting this issue. Gotta stick to Nissan or Toyota.

@khaleejtimes Excellent initiative.

#BreakingNews UAE visitors can now open digital bank accounts in minutes with new 'Tourist Identity' initiative khaleejtimes.com/uae/uae-visito…

@themahavir Keeps everyone happy. And relations remain cordial.

Feeling generous? Instead of buying a toxic life insurance policy out of pressure from relatives, just gift them the commission.

@LarkDavis Money laundering is a big concern. Crypto ATMs don’t have the level of compliances followed by MSBs or by VASPs.

Canada just proposed banning ALL ~4,000 crypto ATMs nationwide, in response to scams Ironic twist: Canada hosted the world's FIRST Bitcoin ATM back in 2013. Now it wants to kill the whole industry.

@PeterLBrandt Interesting analysis

Comment on the Japanese Yen It helps to have institutional memory The last major intervention by Central Banks to prop up foreign currency units against the USD was in Sep 1985 -- it was the Plaza Accord. I remember it well. I was trading the Yen back then. This was the bottom of Yen -- has not been back there since $JPY The announcement created huge up gaps that remain unfilled (so much for fading gaps -- fading gaps has always been a dumb idea in my mind I bot the gap up as a H&S bottom was completed. There were huge gaps in all currencies. CHF gapped up by more than 200 points. I am interested in being long Yen

The White House Strategic Bitcoin Reserve is a meaningful policy signal. If bitcoin is treated as a reserve asset, it strengthens the case for institutional adoption, disciplined custody, & stronger treasury governance. Not financial advice #Bitcoin #CryptoPolicy #DigitalAssets

@VishalBhargava5 Well, messed up schooling system, high cost of living & desire to have a lavish lifestyle with limited income has led to this. Wondering if any govt has taken steps to solve 2 out of these 3 issues.

A silent pandemic is underway in Indian cities. Far too many couples are opting to not have kids at all. It is the wrong decision. Most will regret it.

@GIFTCity_ has the potential to revolutionize the economic zone / freezone scenario in India, just need to appoint an Entrepreneur with complete authority & no Govt. interference to make it happen. Can that happen?

@InvestorOfJAMMU It seems this is only the principal amount, interest on late payments not added for the last 10 years. If you defaul paying your Rs. 1000 advance tax, you have to pay interest on late payment.

AGR dues of ₹64,046 has been finanlised for Vodafone Idea. I don't think Vodafone can pay this much AGR with 2.5 lakh crore outstanding debt. Only Elon Musk can help😂

To everyone who believes that real estate prices can’t crash, take a look at this data.

@musing_monica If you would have asked Honble Minister Shri @JM_Scindia ji, he would have asked you to keep an onion in your pocket.

going to Jaipur for a wedding, any tips to survive the heat?!

@TVMohandasPai @vivekwadhwa @SridharVembu Completely agree with this view. If there are good opportunities and earnings in India, people will stay in India.

Agree with ⁦@vivekwadhwa⁩ Why are someIndians begging the diaspora to come back.We stayed back,worked hard, paid taxes,built India and will build India of the future.Why beg others?We are not beggars @sridharvembu People are free to come no begging moneycontrol.com/news/opinion/s…

As technology evolves, scams will evolve too.

@BesuraTaansane @mybmc When there is a will, there is a way. But what if there isn’t?

Looks like there’s no hope for Mumbai even after the regime change in @mybmc . Roads dug everywhere and work going on at a snails pace Just imagine : It took 24 minutes to travel from Bandra to Grant Road (approx 12km) BUT from Grant Road to Wilson College it took 18 minus (Only 2km) Illegal parking at Gamdevi & Bharatiya Vidya Bhavan makes the navigation a nightmare. Simple question to BMC when you are going to repair only one stretch at a time why do you dig at 10 spots and inflict this misery on everyone? Same story at Vile Parle, Khar, Bandra, Santacruz cc @Dev_Fadnavis @parag_alavani @advrajsaraf @ShelarAshish

@BesuraTaansane @mybmc When there is no will, there is no way.