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Barclays Bank Account Opening

Barclays is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in retail, wholesale and investment banking, as well as wealth management, mortgage lending and credit cards. It has operations in over 50 countries and territories and has around 48 million customers.Account opening: 7-14 working days Overview: ...

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Euro Pacific Bank Account Opening

Euro Pacific Bank is an international bank, brokerage, mutual fund and financial services company licensed in St. Vincent and the Grenadines as a Class A International Bank.Account opening: 7-14 working days Overview: Euro Pacific Bank is founded in 1997 and differentiates itself through a unique banking model. Many of the traditional banking services (mortgages, car loans...

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Chinese financial services Opening Up to Foreigners

The President of the People’s Republic of China and the People's Bank of China announced their intentions to open up China’s financial markets to promote foreign competition. For now, foreign ownership is limited for banks and asset management companies. Within a few months **the foreign ownership cap will be removed**. These changes will open the market to foreign investors and banks, givin...

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Public Bank Berhad Account Opening

Public Bank Berhad is a bank based in Kuala Lumpur, Malaysia offering financial services in Malaysia as well as the Asia-Pacific region.Account opening: 7-14 working days Overview: Public Bank Berhad provides various commercial banking and related financial services to individual and business customers in Malaysia and internationally. It offers savings, current, fixed deposit, and ...

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Euro Pacific Bank Account Opening

Euro Pacific Bank is an international bank, brokerage, mutual fund and financial services company licensed in St. Vincent and the Grenadines as a Class A International Bank.Account opening: 7-14 working days Overview: Euro Pacific Bank is founded in 1997 and differentiates itself through a unique banking model. Many of the traditional banking services (mortgages, car loans, credit ...

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Barclays Bank Account Opening

Barclays is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in retail, wholesale and investment banking, as well as wealth management, mortgage lending and credit cards. It has operations in over 50 countries and territories and has around 48 million customers.Account opening: 7-14 working days Overview: ...

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Public Bank Berhad Account Opening

Public Bank Berhad is a bank based in Kuala Lumpur, Malaysia offering financial services in Malaysia as well as the Asia-Pacific region.Account opening: 7-14 working days Overview: Public Bank Berhad provides various commercial banking and related financial services to individual and business customers in Malaysia and internationally. It offers savings, current, fixed depo...

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Seychelles - Mauritius Potential financial services Partnership

Recently, the official delegation of **Seychelles** visited Mauritius to discuss matters of becoming 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...

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Cyprus Forex License

Cyprus offers a very well established environment for a Forex broker firm. It is a well-known and is one of the top choices in the EU for acquiring of a financial license. It follows very strict rules and regulations as implemented by the financial services authority of Cyprus (CySEC – The Cyprus Securities and Exchange Commission).Incorporation & obtaining license: from 5 to 9 months ...

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New Zealand Asset Management License

New Zealand has become a preferred destination for foreign investors searching for a well-reputed onshore jurisdiction with a favorable environment for establishing an entity allowed to provide a wide range of financial services.Timeframe: within 3 months Minimum capital requirements: is set on case-by-case basis Overview A company applying for a New Zealand Financial Service Pr...

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Japan Virtual Currency Exchange Provider’s License

As of April 1, 2017, the amended Payment Services Act came into effect and as of that moment operators of Virtual Currency exchange business are required to be registered with the Japanese financial services Agency.Timeframe:  Company formation - within 8 weeks License application - within 6 months Minimum capital requirement: 10 000 000 JPY (approx. EUR 75 000) + Registrat...

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South Africa Forex License

The financial services Board of South Africa (FSB) is a supervisory body of financial services industry in South Africa under the Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS Act). The company that intends to conduct Forex business on a discretionary basis must obtain a Category II Discretionary FSP license with FSB.Overview Annual levy paid by a licensed FSP is calculated...

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Bank Account Opening in PKO Bank

PKO Bank Polski, Poland’s largest bank by assets and deposits offering all major financial services, including investment banking, trade financing and asset management to a range of clients, from large corporations to small and medium enterprises.Account opening: 7-14 working days Overview: Because of its size and position as one of the first banks, PKO Bank Polski is st...

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Account Opening in Bank of Cyprus

Bank of Cyprus is the leading banking and financial services group in Cyprus, with significant market shares across all businesses.Account opening: 7-14 working days Overview: The Bank provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, lif...

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Bank Account Opening in ING Bank

The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance.Account opening: 7-14 working days Overview: ING is a global financial institution with a strong European base, offering banking servi...

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Cayman Islands Securities Investment Business License

The Cayman Islands are located in western Caribbean, and are known as one of the major financial centers in the world. In contrast to classic offshore jurisdiction, Cayman financial services industry is well-regulated thus having very positive reputation among investors.Timeframe: around 6 months Minimum paid up capital: KYD 100,000 (>USD 121,000) Overview The ...

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St. Vincent and Grenadines International Banking License

...ational Bank as well as provides great business advantages – Banks are exempt from any taxes. Registration of International banks is governed by the International Banks Act of 2004 and Regulations. Supervision body for International banks is the financial services Authority.Timeframe: between 4 and 8 months Minimum paid up capital:   - Class A: 1,000,000 USD  - C...

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Bank Account Opening in PKO Bank

PKO Bank Polski, Poland’s largest bank by assets and deposits offering all major financial services, including investment banking, trade financing and asset management to a range of clients, from large corporations to small and medium enterprises.Account opening: 7-14 working days  Overview: Because of its size and position as one of the first banks, PKO Bank Polski is ...

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Account Opening in Bank of Cyprus

Bank of Cyprus is the leading banking and financial services group in Cyprus, with significant market shares across all businesses.Account opening: 7-14 working days Overview: The Bank provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and gen...

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Bank Account Opening in ING Bank

The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance.Account opening: 7-14 working days Overview: ING is a global financial institution with a strong European base, offering banking services. The ...

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Old Ways Won’t Open the New Doors

...in Forex license (Dealer’s in Securities license), however, due to the changes occurred in mid-June 2017, the bond deposit requirements increased from $2.000 USD to $50.000 USD, thus making the jurisdiction not as attractive anymore. Also, Vanuatu financial services Commission (VFSC) has requested all companies to pay renewal fees irrespectively of the incorporation date, meaning that companies ...

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Comert Bank Account Opening

At the moment Comertbank is a modern European bank, with management and high quality service that provides customers a secure financial support and complex. Comertbank offers a wide range of banking and financial services in Moldova, paying particular attention to advanced banking services.Account opening: 7-14 working days Overview: Special attention Comertbank dedicated ...

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Comert Bank Account Opening

At the moment Comertbank is a modern European bank, with management and high quality service that provides customers a secure financial support and complex. Comertbank offers a wide range of banking and financial services in Moldova, paying particular attention to advanced banking services.Account opening: 7-14 working days Overview: Special attention Comertbank dedicated to servin...

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The Great Step Towards China

...ets and improve business credibility**. Highly professional assistance is provided until the license is granted and after, in order to assure the 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, Chin...

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Investments in cryptocurrency – is one of the main topics in the UK Financial Ombudsman Service’s Annual Review

...ategory** and noted the excessive volatility of cryptocurrency. Many activities relating to cryptocurrencies are not regulated. Investors in “Initial coin offerings” run the risk of losing all their financial assets without any recourse to the **financial services Compensation Scheme** (FSCS), warned Financial Conduct Authority (FCA) in September 2017. The report also refers to the reasons...

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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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Recovering Trust in Digital Currency

...y cyber criminals and lost by the management, to learn lessons on cryptocurrency regulation. Now Japan has recovered trust in digital currency and become one of the largest centres of bitcoin trading, since it became a fully legal currency: JFSA (financial services Agency of Japan) issues licenses for digital currency exchange and its biggest retailers are already accepting payments in cryptocu...

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Starting your own business in Saint Vincent and the Grenadines

... for business it is important to analyze the whole sector of needed jurisdiction. In Saint Vincent and the Grenadines, a special regulatory body controls and examines all banks. When registering a company in St. Vincent you can feel safe because the financial services Authority guarantees there are no shell banks and the ones who conduct illegal activities. Opening a bank account is also a simple...

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Starting offshore business in Vanuatu

... as another common reason to enter Vanuatu offshore jurisdiction. Confidentiality policy in this country is very strict and this means that trading is secure there. Obtaining a license is also a simple process in Vanuatu: you need to apply to the financial services Commission which makes decision on issuing license. Operating without licensing is illegal so it is not a good idea to start tradin...

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Saint Vincent and the Grenadines Deals with the False Accusations

...incomes? We are sure it is not. FBI started an investigation and St. Vincent had to justify itself. It is important to mention that this territory has such authorities as the National Anti-Money Laundering Committee, Finance Intelligence Unit and financial services Authority. They issued a joint statement with the official position that considers accusations as inaccurate and erroneous. They al...

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Gibraltar Goes Fintech: Next Destination - Hong Kong

...ector. Business in Gibraltar will be able to use a new distributed ledger technology. For an **offshore jurisdiction**, this ability opens many doors as it will create a new way to store or transfer values belonging to others. A representative of financial services promotion agency of Gibraltar, Albert Isola himself and other representatives of business and regulators have also performed a numb...

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China Bans Popular FX Broker Services

...nd other. The main aim of the government authorities is to keep the “Great Firewall” safe and minimize foreign influence on the country. “Internet service exchange finance” platforms are considered as risky 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 introduci...

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How Brokers in China Feel After the Website Blocks

...y to access due to the Great Firewall of China. However, many residents were eager to use offshore services as well as FX and brokerage services had a place on the market. This place was not the dominant one, but at the same time, audience that used financial services from across the border was stable and solvent. Latest **changes to the Forex and CFDs market** are most likely due to changes in...

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Novelties for the Blockchain Business and ICOs in Gibraltar

The New Year has already brought the new regulations and rules in the international business world. We decided to start from the new rules in **Gibraltar**. The main financial regulator of this country, Gibraltar financial services Commission, announced new obligation for the companies using distributed ledger technology for storing or transferring values that belong to others. Currently, **...

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Virtual Currency Draft Bill in Gibraltar

...e to the fact that dozens of businesses in their activities use virtual technologies and, as a result, virtual currencies. **Gibraltar** is the jurisdiction that, along with the others, starts adding DLT to its scope of regulation. The Gibraltar financial services Commission is the main governmental body that deals with the financial services regulation. Virtual currencies, including tokens an...

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Post-Brexit UK Markets Access for Gibraltar

...he UK and Gibraltar after the **UK announced Brexit**. Lately, Gibraltar faced problems due to the EU plans on its territory and is still negotiating best terms for staying on the market. Today we brought good news for the companies that provide financial services and online gaming businesses. These companies are guaranteed will have full access to the UK markets until 2020. This resolution wa...

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Gibraltar and Hong Kong Plan to Work Together on the Fintech Sectors Development

...*Hong Kong** were the first ones to enter into an official agreement regarding the development of this sector, thus making this day especially remarkable for the whole Fintech community. Responsible regulators of both jurisdictions, The Gibraltar financial services Commission and the Hong Kong Insurance Authority, officially pledged to cooperate and share information, experience and developing ...

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AGREEMENTS AND LEGAL OPINIONS

...ry and agreement drafting services have been utilized in the following industries: mining, gas, investment banking (corporate finance, structured finance, derivatives, securitizations and structured financial products; development finance, corporate financial services, steel manufacturing, information technology, logistics, short-term insurance, the pension funds industry, engineering, etc. We hav...

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Jersey Initiates Anti-Money Laundering Review

Recently, Jersey started to implement **international anti-money laundering and counter-financing of the terrorism standards**. Due to this, the **Jersey financial services Commission** initiated the first stage of the review and assessment process. Risk assessment will be based on collection and analysis of data from the licensees. How are the collection and analysis conducted? First of a...

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New Beneficial Owner Policy in British Virgin Islands

**The British Virgin Islands are now discussing implementation of new rules for beneficial owners**. It is a problem of particular interest due to growing number of Asian beneficial owners of BVI companies. **BVI House Asia**, financial services promotion agency, organized a seminar in Hong Kong to discuss and inform Asian entrepreneurs about newest regulations. Abovementioned regulations are...

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Abu Dhabi Sovereign Wealth Fund Entering ADGM

... authority is performing investments on behalf of the emirate. Lately, Sheikh Hamed bin Zayed Al Nahyan, the Fund’s Managing Director, announced that the authority is going to enter the Abu Dhabi Global Market (ADGM). **The ADGM is the low-tax financial services hub in Abu Dhabi**. In the UAE this hub is the leading financial center and it creates and implements major financial trends for th...

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Cayman Acknowledged as a Top Offshore Financial Center

... moved 22 places up. **GFCI is a ranking that is very important** for offshore jurisdictions. It functions since 2007 and more than 15,000 professional respondents have taken part in the analysis. This is why participating in GFCI means a lot for financial services centers.

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Governmental digitalization in Malta

...e chain. Progressive states, such as Malta, are keeping up with the times and trying to integrate new technologies to simplify their functioning. There is a huge potential to use blockchain for different purposes, such as conclusion of contracts, financial services, settlement of financial trades, public administration etc. Establishment of the **Malta Digital Innovation Authority** (MDIA) i...

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Choosing Business Structure for a Singapore Company

...se actions are valid for a limited liability partnership (LLP). LLP in Singapore is obliged to have at least one residing manager. Choose the most suitable legal form thoroughly and before starting a new legal entity choose a professional lawyer, financial services in Singapore, tax consultant and analyze other possibilities for your business. Singapore is a good jurisdiction to choose, but it ...

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Too old for trading

...ng population is a critical problem for the government authorities and where financial culture is at a high level. We all have repeatedly faced different prohibitions and restrictions regarding the minimum age requirement to open an account with any financial services company, including a Forex brokerage, hardly anyone dares to discuss the upper age restriction when it comes to trading or investme...

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Usage of Artificial Intelligence for Financial Institutions in Singapore

... collection, analytics and use guidance will be available too. Responsible and ethical use of artificial intelligence will be the key points of this document. It will also extend to every step of AI usage and will be useful for companies with any of financial services specializations. What other countries have also decided to adopt rules of AI usage? The Hong Kong Securities and Futures Commiss...

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Gibraltar Accounting Services

... for various activities, one of the main sources of Economic growth and income in Gibraltar is considered e-gaming services.Description The main factors of economic growth in Gibraltar can be attributed to general trade, the provision of financial services and communications (including e-gaming), tourism and maritime activities.The companies of Gibraltar can also be thankful for the ea...

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Georgia Payment Service Provider Authorization (PSP)

...any, it is required to provide: Certified true copy certificate of incorporation Register of shareholders Copy of the last annual/financial return Apostilled Certificate of Good Standing Additional Due diligence may be prescribed by financial services Commission*: Original documents that prove the source of capital *All documentation shall be provided in Engl...

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Singapore Private Company Formation

...sively growing financial systems in the world. SG is known for its business-friendly regulatory environment, ease of doing business. The country is one of the key economic centres of Southeast Asia in such areas as shipping, trade, high-tech, and financial services. Singapore political stability, pro-business policy and extremely tax benefits are three key reasons why entrepreneurs from around ...

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Mauritius Audit Services

...rowth into the development of the country. With its attractive taxation system it has become one of the chosen destinations of an international business opportunities.Description Global Business entities in Mauritius are regulated by the financial services Commission of Mauritius (FSC). The main purpose of the FSC is to foster the economic development and to ensure fairness, stability ...

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Vanuatu Audit Services

...nancial business hub. Therefore, the government is supporting the development of financial institutions in the country.Description In the Republic of Vanuatu, a company has the obligation to submit quarterly and annual reports to Vanuatu financial services Commission (VFSC), as well as audited financial statements by the end of relevant period. The deadline for all submission depends o...

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Vanuatu Accounting Services

...your reporting requirements and that you are compliant with the local legislation. Other Accounting services provided by Offshorelicense Accounting team also include: Preparation of quarterly, monthly and annual reports for Vanuatu financial services Commission; Support of global audits; Virtual assistance with any questions regarding taxation in Vanuatu; Other Accounting s...

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Labuan Accounting Services

... you meet your reporting requirements and that you are compliant with the local legislation. Other Accounting services provided by Offshorelicense Accounting team also include: Preparation of monthly, half-yearly reports for Labuan financial services Authority; Creation and submission of annual financial statements; Support of global audits; Virtual assistance with any ques...

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Mauritius Accounting Services

...rowth into the development of the country. With its attractive taxation system it has become one of the chosen destinations of an international business opportunities.Description Global Business entities in Mauritius are regulated by the financial services Commission of Mauritius (FSC). The main purpose of the FSC is to foster the economic development and to ensure fairness, stability ...

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Netherlands Limited Liability Company (LLC) Formation

...d is one of the richest nations in the world. Dutch prosperity has always been based on international trade and industry. The country also benefits from rich agricultural land; much of it reclaimed from the sea and significant natural gas resources. financial services, as well as the transportation and distribution sectors, are also particularly significant. Trade is critical to the Netherlands; b...

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British Virgin Islands Forex License

... Islands (BVI) is a self-governing British overseas territory and is located approximately sixty miles east of Puerto Rico and two miles from St. Thomas, U.S. Virgin Islands BVI offers a well established framework for companies willing to provide financial services. It is perceived as a member of the classical trio of Offshore Forex – Belize, Seychelles and BVI. The financial services are reg...

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Account Opening in Bank Zachodni WBK

...n Poland. The bank is also one of the most vibrant and fastest-growing banks in Poland today, meeting the needs of millions of personal customers, small or medium-sized enterprises and large corporations. Bank Zachodni WBK offers complex financial services to the highest standards, supported by modern banking technology. Bank Zachodni WBK Group offers brokerage services, asset and...

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Labuan Fund Management License

...njoys the advantages of tax haven since a company is subject only to 3% of profit tax on net audit profits, and full exemption from other local taxes, assuming that a company does not carry our business activity on the territory of Labuan. Labuan financial services Authority (LFSA) is local financial regulator which sets forth strict requirements in order to attract to Labuan only experienced, ...

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Account Opening in Bank Zachodni WBK

...n Poland. The bank is also one of the most vibrant and fastest-growing banks in Poland today, meeting the needs of millions of personal customers, small or medium-sized enterprises and large corporations. Bank Zachodni WBK offers complex financial services to the highest standards, supported by modern banking technology. Bank Zachodni WBK Group offers brokerage services, as...

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Belize Money Transmission License

... Applicants shall have Please note that the applicants shall provide information about the following: Experience – shareholders and directors must fit such position (i.e. the individual must have background in providing intended financial services. This should be indicated in the CV and information should be provable. Company Website –must be equipped with all necessary an...

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Belize Forex License

...erview Belize is an independent country, located in Central America and it borders with Mexico, and Guatemala. In terms of time, Belize Forex License can be obtained comparatively quick. Moreover, Belize enjoys good reputation in the sphere of financial services and is widely known to international banks and payment providers. Belize has even implemented licensing legislation that is part...

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New Zealand Forex License

...sident of any enforcement country, who is a director of a company registered in that enforcement country) Taxation 28% corporate income tax rate 15% Goods and Services Tax rate (GST, similar to VAT), not applied to residential rents and financial services Around 40 Double Taxation Avoidance (DTA) agreements signed Accounting & Audit  Accounting year starts on the...

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Vanuatu Dealer's in Securities License

...ss is comparatively fast. Vanuatu offers high level of confidentiality for beneficiary owners, shareholders and officers. Furthermore, the company is exempted from capital gains, tax on profits and stamp duty after incorporation for 20 years. financial services in Vanuatu are regulated by Vanuatu financial services Commission (VFSC). Vanuatu is a great location for forex brokers with limite...

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Mauritius Global Business Category 1 License (GBL 1)

...g) - EUR 25 000 Overview A company applying for a GBL1 license shell pass the test of conducting business outside Mauritius. An applicant for a Forex License is required to submit the appropriate application to the FSC. Under the financial services Development Act, a GBL 1 Company is defined as a company engaging in any approved global business activity, including those involve...

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Bulgaria Forex License

... of public record Directors' details – Part of public record Taxation Dividend tax - 5% VAT –0%. The EU internal deliveries and the export are free of VAT Personal income tax - 10% Bulgaria is a European Country so a Bulgarian financial services License or Forex License will allow you to operate in all EU Bulgaria has a 10% corporate income tax rates only Accounting r...

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St.Lucia International Business Company Formation

...me for the courier Minimum paid up capital: No minimum capital requirement   Overview Saint Lucia is an island jurisdiction in the Caribbean region off the South American shores and is one has one of the most prominent financial services centres in the world. It offers companies a host of offshore financial and banking services in a variety of sectors, the most popul...

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Labuan Money Broking License

...al) 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 services Labuan Malaysia offers one of the strongest regulatory frameworks and taxes in Labuan are comparatively low (3%). For starting m...

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