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Andorra Limited Liability Company (SL) Formation

Andorra has gone through numerous changes for the last few years in order to abandon the status of “tax heaven” and to become a transparent and modern economy and a well-reputed low tax jurisdiction.Timeframe: up to 3 months Minimum paid up capital: EUR 3,000   Overview Andorra is a microstate located in Europe and bordered by Spain and France, which jointly pro...

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Macau Offshore Commercial Company (OCC) Formation

Macau, also Macao is a commercial city with a very open economy, advantageous geographic location and complete infrastructure.Incorporation: up to 1 month Minimum authorized capital: MOP25,000 (around $2,500 USD)   Overview There is no special restriction on Macau company incorporation, and Macau practices a low taxation rate system, with limited items of taxation. ...

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The great step towards China

...mportant player on the international stage. The challenge of China market entry has become an increasingly important one for Western companies of all shapes and sizes. Despite a complicated economic climate in Europe and the United States, China’s economy has continued to grow by double-digit rates over the last couple of years deepening curiosity towards offshore company incorporation, forex li...

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Why cryptocurrency is the future of electronic cash systems

In this article, we’ll look at why cryptocurrency is the future of electronic cash systems. Why it should become the most widely-used type of payment–and how this could impact the future of the global economy. We’ll also discuss why the Bitcoin dip and other market factors present both challenges and opportunities. **Consumer Benefits of Cryptocurrency** Since the beginning of the 21...

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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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Bulgaria Forex License

Bulgaria has a strategic location, allowing investors to access the entire EU and the markets of central and Eastern Europe. Bulgaria has a predictable and stable economy and government, and boasts the lowest corporation tax in the EU at only 10%. In order to provide brokerage services it is required to become an Investment Intermediary regulated by the Financial Supervision Commission of Bulgari...

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Panama Offshore IBC Formation

Panama as second largest economy in Central America and is also the fastest growing economy in the region.Incorporation: within 3 weeks + delivery time for the courier Minimum capital requirement: A minimum of one share of US$100.00 must be issued to the shareholder   Overview The Republic of Panama is a Central American country – one of the most popular Offshore ...

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Recovering Trust in Digital Currency

...cies will definitely take time and effort but is well worth it.* A currency increasing in value in 200% in about four months and becoming more and more attractive to investors worldwide – regardless of the size and structure of the country’s economy, for any government in the world this scenario could be hardly achievable. However, not for cryptocurrencies. On June 12, several exchanges...

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Bitcoin and its possible impact on insurance

...d or your computer. Digital wallets serve as your bank account which allows you to send or receive bitcoins, pay for bitcoin transactions, and save or store your bitcoins for future use. No one can predict how bitcoin can affect world finance and economy in the long run, but judging by its practicality and its current popularity, it may be here to stay for a while. Bitcoin may even revolutioniz...

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5 signs of booming blockchain innovation in Australia

...to becoming a world leader in the blockchain space. Here are at least five signs of blockchain innovation in Australia right now. ***1. Australia Is a World Innovation Center*** You might not know it, but Australia is actually the 11th largest economy in the world. And it’s one that’s in a state of transition–fast. With an economy traditionally based on manufacturing, the government’...

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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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To fight or not to fight for your rights

... poverty is a major reason why a lot of people have limited to no access to medical care and education. The approach to solving this issue should be extremely flexible. **Removing financial secrecy through public registers can heavily affect the economy of the Overseas Territories** and generally affect the standard of living of their residents. Having analyzed the situation, the public co...

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Gaming Bill in Malta. One gaming law for all.

Maltese Parliamentary Secretary for Financial Services, Digital economy, and Innovation, Silvio Schembri made an announcement that was of utmost importance for companies and individuals who participate in the **gaming industry of Malta**. Nowadays the regulatory situation of this industry is as follows: different laws, contradictory documents, guidelines and directives. What will change? The Par...

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China Bans Popular FX Broker Services

...isky for the stable system of **Chinese financial services**. What does this **ban** bring to the professional **brokerage services**? In China, there is a special profession as introducing brokers. They are a formal bridge between Chinese closed economy and international investors and entrepreneurs. This might become an only way to work with the Chinese financial market if the service bans wil...

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Is Accepting Bitcoin a Reasonable Choice for Banks?

...cryptocurrencies are decentralized and sometimes it is anadvantage. Bitcoin now is a great value that proves **digital currencies’ viability**. It is an economic phenomenon, which can be the biggest miracle and a challenge for all the traditional economy at the same time. Even though many **banking facilities** are suspicious about Bitcoin, the others have a proactive position on adding cry...

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One...Two...Three...Brexit! The UK Takes Gibraltar Along

...at doing business in Gibraltar remains safe and sound. Until the end of 2020, this territory will preserve all relations with the EU along by taking part in the negotiations. All future business agreements of the UK will make sure that Gibraltar’s economy, business sector and also society will not suffer from the inadequate conditions. **Offshorelicense Ltd** is certain that your Gibraltar bu...

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Bermuda warns: virtual currency shall not pass

...irst of all, cryptocurrencies are used for obtaining tokens. Investors purchase tokens on the Internet and initial coin offering tend to be global and anonymous. As a result, governmental authorities think of ICO as of a threat for a stable, classic economy. Nevertheless, The Bermuda Monetary Authority, does not plan to ban cryptocurrencies in the nearest future. They suppose that bringing virt...

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The new transparent taxes in Latin America and the Caribbean

... money laundering and tax evasion, is a paramount for the governments. During the seminar that was dedicated to the anniversary, ECLAC representative stated that the **new transparency policy** is a way to develop and strengthen democracy and public economy. What are the **main functions of ECLAC**? First of all, this UN commission is created specifically for the Latin America and the Caribbea...

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Seychelles - Mauritius potential financial services partnership

...oming partners. The current plans include working in financial sector to develop international business potential of both countries. Presently, **Mauritius is a popular African territory for starting international business**. It is a competitive economy according to different factors. One of them is Mauritius double tax treaties with developed countries like Germany, United Arab Emirates, the ...

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International Monetary Fund demands tax reform from Hong Kong

**Hong Kong economy is one of the most attractive among the international entrepreneurs**. This is why the International Monetary Fund issued tax reform recommendations for this jurisdiction lately. For Hong Kong economy to stay competitive and flexible at the same time, it is vital to **rework tax structure** and change the approach. Nowadays, Hong Kong government receives the most revenue ...

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Repeal of the Bermuda tax reform as the general service tax got denied

...ction. This means that **2018\19 plans are very challenging for the Bermuda government**. They will have to deal with potential economical threats, like the US lowering corporate taxes, as well as implementing new rules and bringing jurisdiction’s economy to a higher grade. Wondering where to relocate your business or how to start a new one? **Offsorelicense Ltd** consultants are ready to hel...

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United Kingdom Limited Company Formation

...includes England, Scotland, Wales, and Northern Ireland. The United Kingdom is an industrially developed country with a high rating and a standard level of taxation. It is a member of the EU, UN, NATO and other international organisations. The economy of the UK is amongst the five largest in Europe. The capital is London which is one of the leading financial and business centres of the world...

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Account Opening in Bank of Cyprus

...ank 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 prestigious magazine Euromoney which named the Bank of Cyprus as the ...

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Account Opening in Bank Alpinum

...s of safeguarding and growing their wealth.Account opening: 7-14 working days Overview: Bank Alpinum (BA) is independent private bank with AAA- rating from Standard&Poors for its debt-free national budget. The country’s economy is well diversified and Liechtenstein has been one of the best and most secure marketplaces of the world for many decades. Its stability and u...

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Account Opening in Bank Alpinum

...terms of safeguarding and growing their wealth.Account opening: 7-14 working days Overview: Bank Alpinum (BA) is independent private bank with AAA- rating from Standard&Poors for its debt-free national budget. The country’s economy is well diversified and Liechtenstein has been one of the best and most secure marketplaces of the world for many decades. Its stability and u...

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Account Opening in Bank of Cyprus

...s 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 prestigious magazine Euromoney which named the Bank of Cyprus as the ...

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Limited Liability Company in Lithuania

...o investment managers targeting single European financial market. Lithuania has benefited from EUR180 million per year of European Union (EU) assistance and development funds since joining the EU in 2004. This has helped modernize the country’s economy. Lithuania is a member of the EU’s Schengen Area. Advantages of Limited Liability Company in Lithuania: - European Un...

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Antigua and Barbuda International Business Company Formation

...SIDS) in the Eastern Caribbean. The country’s primary resources include a very agreeable climate, extensive areas of high ecological value, democratic governance, a well-educated and healthy population. The most significant economic driver for the economy and the main direct and indirect contributor to Antigua & Barbuda GDP is tourism. The country enjoys a high standard of living, well-ed...

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United Kingdom Limited Liability Partnership Formation

...includes England, Scotland, Wales, and Northern Ireland. The United Kingdom is an industrially developed country with a high rating and a standard level of taxation. It is a member of the EU, UN, NATO and other international organisations. The economy of the UK is amongst the five largest in Europe. The capital is London which is one of the leading financial and business centres of the world...

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Singapore Private Company Formation

...ays + delivery time for the courier Minimum paid up capital: No minimum capital requirement   Overview The Republic of Singapore (SG) is an island nation situated in Southeast Asia between Thailand and Malaysia. The SG economy is one of the most intensively growing financial systems in the world. SG is known for its business-friendly regulatory environment, ease o...

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Limited Liability GmbH in Germany

...schränkter Haftung' is a limited liability company in Germany.Incorporation: 5 weeks + delivery time for the courier Minimum capital requirement: €25,000 (50% minimum to be paid up)   Overview Germany is the biggest economy in the EU and one of the biggest economy in the world, it has excellent business advantages including its economic performance, government eff...

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Ireland Private Limited Company Formation

...ration: 2-4 weeks + delivery time for the courier Minimum paid up capital: No requirements, usually EUR 100 Overview Ireland is a well-reputed jurisdiction, attracting foreign investors with its stable and modern economy, good investment climate, and the access to both EU and global markets. The local business and legal environment provides the ease of doing bu...

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Cyprus Limited Liability Company Formation

...n Mediterranean, the island of Cyprus is conveniently situated at the hub of three continents; Europe, Asia and Africa. Cyprus is an important European business hub providing major advantages to foreign investors such as a low tax haven, a stable economy and a welcoming territory for any type of investments. The company registration procedure in Cyprus is basically the same for all business ent...

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Netherlands Limited Liability Company (LLC) Formation

...known as Holland is located in the western part of Europe. It is bordered by the North Sea in the north and west and its land boundary is shared with Belgium and Germany in the south and to the east respectively. The Netherlands has a free-market economy and is one of the richest nations in the world. Dutch prosperity has always been based on international trade and industry. The country also b...

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USA Delaware Limited Liability Company Formation

...risdiction. The enactment of the law to establish a Limited Liability Company (LLC) in October of 1992, which combines the best aspects of the Corporation and the Limited Partnership, has made Delaware even more attractive in its quest to expand its economy. The companies incorporated in Delaware are known as LLCs, which offer the advantages of a combination between a corporation limited by sha...

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