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Xi Jinping’s vision of “New Era” includes Forex Industry to focus on china

*On Wednesday, 18th of October, the Communist Party of china held its Communist Party Congress in Beijing, which is the twice-a-decade event. The central focus of Chinese President Xi Jinping was on the assured vision for the nation’s prosperity and its presence in the world. The “New Era” includes building country determinately governed by the party, being open to the rest of the world and...

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How Brokers in china Feel After the Website Blocks

...ts contain different information. Even though the traders confirmed that the regulator is taking measures to restrict the access to some platforms, many of them still work normally. Regarding the fact that the government and financial authorities of china are very strict, sometimes entrepreneurs suffer from the new regulations and restrictions. Nevertheless, they already have the experience and ar...

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china Amends the FIE Record-filing Laws Regulating Foreign Investments

In October 2016 came into effect revised Four Laws in china that were promulgated and amended by National People’s Congress (NPC)to attract and encourage inbound foreign investments. Year by year, china keeps opening-up to the outside world and OFFSHORELICENSE keeps track of global trends observing the substantial moves of this important player on the international stage. This time to attract...

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The Great Step Towards china

...he stability of your business. Our turn-key business solutions also include accounting, audit and other financial services that may be required for client to sustain the business and stay compliant with local and international laws. Year by year, china keeps opening-up to the outside world and Offshorelicense Ltd keeps track of global trends observing the substantial moves of this important pla...

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Go Tech! 15% Corporate Tax in china for Tech Companies

... a common fact that the more you go tech - the more you get. The innovation and information technology companies are everywhere and the development of the artificial intelligence, virtual reality and other novelties continues 24/7. Since 2014, china launched **tax privileges for the high-tech firms**. These benefits can be applied relevantly easy: the company only needs to file documents to ...

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Bitcoin Mining Faces Rumors in china

Major Bitcoin mining companies in **china** were shocked by the news about power cancelation. Rumors claimed that the power companies are up to cutting off electrical supply of the mining rigs. However, soon after this report was promulgated, the information changed drastically. Sichuan Electric Power company published an article where **Bitcoin mining** was indicated as an illegal activity a...

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china Bans Popular FX Broker Services

We have already informed our audience regarding the newest **Chinese tax regulations**, legal limitations and other **business rules**. It is notably complicated to take into account every small detail while establishing company in china, therefore, we have prepared the latest news about **broker activities** in china. Chinese legal entities have rights to perform their activities on the web ...

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How RootAnt Makes Brokerage in china Easier

Doing **brokerage business in china** can be a serious challenge for international companies. Due to the fact that the market is closed, it is hard to follow all legal requirements and at the same time earn traders’ trust. Trading platform **RootAnt** is now one of the best services that allows international financial institutions localize in china. It is a combination of services for broke...

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Hong Kong Audit Services

Hong Kong is a free economy that is situated in the fastest growing nation in the world, People’s Republic of china. As an international commercial logistics and financial centre, Hong Kong also has one of the most favourable tax regimes in the world.Description All companies incorporated in Hong Kong are required to appoint qualified and independent auditors to perform annual statu...

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Shanghai Free Trade Zone: The Updates

We have already notified our clients about the pilot project of the **Free Trade Zone (FTZ)** in china. Its development plan was released in November 2017. The main idea is to create a unique space in Shanghai where international and Chinese companies will be able to function according to the international standards. The Chinese government claims that the FTZ will be mostly governed by the Eu...

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Hong Kong Accounting Services

Hong Kong is a free economy that is situated in the fastest growing nation in the world, People’s Republic of china. As an international commercial logistics and financial centre, Hong Kong also has one of the most favourable tax regimes in the world.Description The law requires Hong Kong-incorporated companies to prepare audited financial statements. Although there is no requiremen...

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Is Accepting Bitcoin a Reasonable Choice for Banks?

...ble businessmen in the world, claims that some governments are ready to create their own currencies to meet the demands of evolving innovations. Not only the Citigroup speaks positively about the Bitcoin, but also other major banks in countries like china, Russia, Japan and others. They already suppose that blockchain technology and cryptocurrencies can solve many problems with trans-border transa...

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The Shanghai Free-Trade Zone: Development Plans

The Establishment of the **free-trade zone (FTZ)** in Shanghai, china, in 2013 was a result of the Chinese government plan. The main goal of this process was to implement **economic and social reforms** with the maximum efficiency. **The Shanghai FTZ has many advantages** for both - domestic companies and foreign businesses. In early November 2017, the FTZ released its development plan for th...

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Chinese Giants: Which Payment System to Choose?

When **moving your business overseas**, it is very important to consider local rules, technical requirements and work facilities. For business in china, these features also include choosing a **payment system** suitable exactly for you. AliPay, WeChatPay and UnionPay are the biggest and the most popular payment solutions for the Chinese companies. Their technical features and scope of work a...

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“To trade or not to trade?” or How Chinese Exchanges Overcome the Bitcoin Ban?

*It is a wide-known fact that china had banned Bitcoin exchanges. The reason for this ban is the government’s statement that frauds and money laundering took place on the exchanges.* Before these bans, china had a trustworthy role as one of the biggest **cryptocurrency** trading markets. At the same time, this country is ahead with the mining business and became, actually, one of the cente...

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Cyprus Limited Liability Company Formation

...nual levy of €350 in order to be considered in good standing and for their name to be retained on the register maintained by the Companies registry. Double taxation agreements concluded with: Austria, Armenia, Bulgaria, Belarus, Belgium, Canada, china, the Czech Republic, Denmark, Egypt, France, Germany, Greece, Hungary, India, Ireland, Italy, Kuwait, Kyrgyzstan, Lebanon, Malta, Mauritius, Mol...

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Account Opening in Bank of Cyprus

...private banking, life and general insurance. The Bank has 129 branches, of which 123 are in Cyprus, 1 in Romania, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has representative offices in Russia, Ukraine and china. The central role of the Bank in the Cyprus economy was also recognized by the Award Best Bank in Cyprus 2015, by the global prestig...

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Account Opening in Bank of Cyprus

...private banking, life and general insurance. The Bank has 129 branches, of which 123 are in Cyprus, 1 in Romania, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has representative offices in Russia, Ukraine and china.  The central role of the Bank in the Cyprus economy was also recognized by the Award Best Bank in Cyprus 2015, by the global p...

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CIMB Bank Account Opening

...d award winning deals which showcase an ability to innovate and help the clients achieve their goals. CIMB also has an extensive retail banking network of branches serving more than 12 million customers. Beyond ASEAN, the Bank also has a presence in china & Hong Kong, India, Sri Lanka, Korea, the US and the UK. CIMB is ranked among the top banks in ASEAN, garnering numerous awards across th...

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Public Bank Berhad Account Opening

...ing, corporate advisory, merger and acquisition, stock-broking, and debt restructuring advisory services. It operates through a network of 259 branches and 2,000 self-service terminals in Malaysia, 83 branches in Hong Kong, 3 branches in china, 28 branches in Cambodia, 7 branches in Vietnam, 4 branches in Laos, and 3 branches in Sri Lanka.Payment processing options MasterCard, Visa ...

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HSBC Hong Kong Bank Account Opening

...cluding Hong Kong’s Hang Seng Bank in 1965. Responding to the Chinese government’s ‘Open Door’ policy in 1979, the bank opened a representative office in Guangzhou as many of its customers began to relocate their operations from Hong Kong to china. HSBC continued to invest and grow in Hong Kong and the surrounding region into the 21st century. Hong Kong remains the headquarters of The H...

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CIMB Bank Account Opening

...d award winning deals which showcase an ability to innovate and help the clients achieve their goals. CIMB also has an extensive retail banking network of branches serving more than 12 million customers. Beyond ASEAN, the Bank also has a presence in china & Hong Kong, India, Sri Lanka, Korea, the US and the UK. CIMB is ranked among the top banks in ASEAN, garnering numerous awards ...

Path: Banks
Public Bank Berhad Account Opening

...ing, corporate advisory, merger and acquisition, stock-broking, and debt restructuring advisory services. It operates through a network of 259 branches and 2,000 self-service terminals in Malaysia, 83 branches in Hong Kong, 3 branches in china, 28 branches in Cambodia, 7 branches in Vietnam, 4 branches in Laos, and 3 branches in Sri Lanka.Payment processing options MasterCard, Visa ...

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HSBC Hong Kong Bank Account Opening

...cluding Hong Kong’s Hang Seng Bank in 1965. Responding to the Chinese government’s ‘Open Door’ policy in 1979, the bank opened a representative office in Guangzhou as many of its customers began to relocate their operations from Hong Kong to china. HSBC continued to invest and grow in Hong Kong and the surrounding region into the 21st century. Hong Kong remains the headquarters...

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Labuan Money Broking License

...M500,000 (unimpaired by losses) or its equivalent in any foreign currency (we recommend to have approx. USD 130 000, 00 as a paid-up capital) Overview Labuan is an island and a Federal territory of Malaysia. It is located in the South china Sea at the northwest coast of Borneo, north of Brunei and south of Kota Kinabalu, the capital of the state of Sabah. For various financial se...

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Hong Kong Type 9 (Asset Management) License

...Canada, Czech Republic, France, Hungary, Indonesia, Ireland, Japan, Jersey, Kuwait, Liechtenstein, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Portugal, Switzerland, Spain, Thailand, United Kingdom, Vietnam, Qatar and the Mainland china respectively to relieve taxation on income, for instance, dividends, interest income and royalties Other benefits Hong Kong imposes n...

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Hong Kong Limited Company Formation

...ot only for investment.Incorporation: 3 working days+ delivery time for the courier Minimum paid up capital: No minimum capital requirement Overview Positioned at the mouth of the Pearl River Delta on the coast of southern china, Hong Kong’s geographical position as a gateway between the East and West has made it an attractive centre for international trade. Hong Ko...

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