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...
Path: LicensingThere is a unique type of license called Financial Service Provider or FSP in new zealand, which is considered a well-reputed onshore jurisdiction, therefore, it is not blacklisted by any country around the world or any foreign financial institution. Moreover, it is a member state of the OECD and WTO.Timeframe: within 3 months Minimum paid up capital: is set on case-by-case basis ...
Path: Licensingnew zealand has recently adopted changes that allow to pay salaries in crypto. The aforesaid changes were implemented by new zealand’s tax authority under the Income Tax Act with regard to section RD 3. The Inland Revenue Department (IRD) states that released rules applies to salaries and wages paid up in cryptocurrencies such as Bitcoin, Ethereum or other. An employee can receive salary in...
Path: Blog...ssured, we will assist and guide you through the entire process of incorporation, license application and other related processes. The Cook Islands is an autonomous island country located in the South Pacific Ocean. It is in free association with new zealand and consists of fifteenth separate islands. The Financial Supervisory Commission (FSC) is a local financial regulator which, as of July...
Path: Blog...on Agreements: Hong Kong has comprehensive double tax agreements with Austria, Belgium, Brunei, 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 in...
Path: Companies... for the courier Minimum paid up capital: No minimum capital requirement Overview Vanuatu, officially the Republic of Vanuatu, is an archipelago in the South Pacific Ocean, east of Australia west of Fiji and North of new zealand, consisting of a chain of 13 principal and many smaller islands. When it comes to offshore businesses and tax havens, Vanuatu rank...
Path: Companies...minimum capital requirement. Instead, government bond of approx. USD 50 000 is used. Overview Vanuatu, officially the Republic of Vanuatu, is an archipelago in the South Pacific Ocean, east of Australia west of Fiji and North of new zealand, consisting of a chain of 13 principals and many smaller islands. To obtain a license it is required to incorporate a company. This p...
Path: Licensing...axation Agreements: Hong Kong has comprehensive double tax agreements with Austria, Belgium, Brunei, 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,...
Path: Licensing...ictions) Minimum 1 shareholder(no nationality restrictions) Taxation Value added tax (VAT) - 9% Company Corporate Tax - 20% (Loss carryback years) Withholding Taxes: Dividends: 0/15%, Interests: 10%, Royalties: 15% 8 Tax treaties: new zealand, Japan, Australia, UK, Singapore, UAE, Malaysia, South Korea Accounting & Audit The Regulator may determine in its di...
Path: Licensing