Vanuatu is Willing to Move Its Financial Dealers onshore

... does business," St-Hilaire, chairman of VFMA, says. Times, when offshore companies were operating remotely under Vanuatu’s Financial Dealer License (FDL), are a-changing. By the end of 2022, all Vanuatu security broker will be obliged to move onshore and make tangible investment into the country. The Vanuatu Financial Services Commission (VFSC) has significantly beefed up the requirement...

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Pros and cons of Labuan company formation

... the whole family. What can we say about opening bank account and operating it in Labuan? There is a wide choice of trustworthy banks and, if needed, trust agents who will operate your banking account professionally. You are always free to use onshore as well as offshore bank accounts in process of Malaysia business registration. Banks do not usually require a pile of documents and informati...

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What needs to be included in your offshore business plan

...quired to solve other organizational moments which will help him grow the most effective company, gain maximum profit and reduce unnecessary expenses. Here are some benefits of smart offshore business planning: • local taxes are much lower than onshore; • money is stored in a reliable bank in a best possible way for your business; • bank account opening and all related banking expense...

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Bahamas issued guidance related to financial crimes prevention

...e/app/uploads/public/5b9/7ad/238/5b97ad238dede764019005.png)]({._blank} Stay tuned with **Offshorelicense LTD** to be informed of all legal news in relation to offshore and onshore legislation changes. We will do our best and help in all your business endeavors.

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Hungary is on its way to become an offshore heaven

...tate are enough to make Hungary a perfect target country for tax optimization.** Furthermore, if a company registered in the Seychelles-islands founds a subsidiary in Hungary and runs its operations through the latter, offshore structures may get an onshore appearance. **Another important aspect of leading such businesses in that country is the fact, that Hungary’s reputation is not damaged ...

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New Zealand Forex License

There 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: Licensing
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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Ireland Private Limited Company Formation

...etails – part of the public record Shareholder’s details –  part of the public record Beneficial owner’s details – disclosed to the Authorities Taxation 12.5% corporate tax rate on trading income is one of the lowest “onshore” corporate tax rates in the world A tax rate of 25% applies to passive income such as rental income, investment income, oil, gas, and mine...

Path: Companies
Malta Gambling License

...s but operating on a third-party platform duly licensed by the MGA Some benefits of Malta Gambling license: Stable legal framework offering protection both for licensed operators and online players High anti-money laundering standards onshore status for Maltese remote gaming companies General information Company structure At least two shareholders (may be individuals or co...

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Vanuatu Accounting Services

...aim are encouraging business development in the region.  For example: Vanuatu International Business Companies (IBCs) are exempt from paying any tax for the first twenty years. Light administrative regulations as compared to onshore jurisdictions. Offshore companies are permitted to keep their accounts, minutes and records in any location in the world. Vanuatu permits ...

Path: Accounting