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Cayman investment funds

... they are tax residents. In this case Offshorelicense will become your reliable advisor and help to choose the most appropriate Cayman fund. What is an “Investment Fund”? **The principle legislation in the Cayman Islands concerning open-ended investment funds is the Mutual Funds Law (MFL).** A mutual fund is any company, trust or partnership either incorporated or established in the Cayman ...

Path: Blog
Virtual currency draft bill in Gibraltar

...s**? First, sale, distribution and promotion of any kinds of tokens and coins which use blockchain technology will be subjected to the regulation. Consequently, new acts will contain rules about investments, secondary market activities and probably investment funds holding digital assets. Narrowing this information, legal regulation will consist of: 1. * -Information disclosure about purcha...

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Abu Dhabi Sovereign Wealth Fund entering ADGM

...ding cooperation with the ADGM, the Abu Dhabi Sovereign Wealth Fund will invest in building and development of the platform. Also, Ahmed Al Sayegh, Chairman of the ADGM confirmed that the hub looks forward to collaborating with both local and global investment funds, companies and authorities.

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New securities policies from Bahamas Regulator

...he mentioned above policies establishes a new approach of the Commission to the due diligence procedures. This policy is applicable to persons licensed or registered pursuant to any of the Bahamas administered Acts (Securities Industry Act 2011, the investment funds Act 2003, and the Financial and Corporate Service Providers Act 2000). The policy states that those registered entities and licensees...

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New legislation of Jersey will allow to form Limited Liability Company

...le that can meet their cross-border requirements. We are focused on supporting their needs, having announced earlier this year our intention to open an office in the US in the near future. In the US, LLCs are a structure of choice for alternative investment funds, with US advisers and managers being familiar with LLC structures and aware of the benefits they can provide in terms of tax transpar...

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Germany Introduces Draft Bill on Blockchain-Based Digital Securities

...otential for securities, according to German law, to be issued on Ethereum, currently the most popular platform to issue digital assets on. Aditionally, if the legal framework is established, the procedure would be eligible for digitizing stocks or investment funds. The intentions of institutions is clear - embrace and leverage blockchain technology. Germany is the major influential participant ...

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Dubai is set to regulate investment tokens

... applies as well to authorized firms wishing to undertake financial services relating to investment tokens, such as dealing in, advising on, or arranging transactions relating to, investment tokens, or managing discretionary portfolios or collective investment funds investing in investment tokens. Peter Smith, managing director, head of Strategy, Policy and Risk at the DFSA said: “Creating an...

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Czech Republic Limited Liability Company Formation (s.r.o)

...al gains. The tax base is calculated from the accounting profit/loss shown on the relevant financial statements, prepared according to the Czech accounting legislation. A corporate income tax rate is 19%. A corporate income tax rate of 5% applies to investment funds, unit funds and pension funds. Czech legislation allows taxpayers to change their accounting period from calendar year to fiscal year...

Path: Companies
Fidelity Asia Bank Account Opening

... trade and investments between the thriving and resource-hungry Asian economies and the resource-rich African continent. They aim to do this by forging trade links, building market liquidity, establishing banking services and providing financing and investment funds to targeted sectors of Africa, Asia and the Middle East. The bank offers Syndicated Loans, Term Debt, Working Capital Sup...

Path: Banks
Fidelity Asia Bank Account Opening

... trade and investments between the thriving and resource-hungry Asian economies and the resource-rich African continent. They aim to do this by forging trade links, building market liquidity, establishing banking services and providing financing and investment funds to targeted sectors of Africa, Asia and the Middle East. The bank offers Syndicated Loans, Term Debt, Working Capital Sup...

Path: Banks