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Recovering Trust in Digital Currency

...s in Japan. I really believe, that those, who catch the moment with digital currencies today, will definitely enjoy great profits tomorrow’. **Lack of regulatory framework impeding initiatives** While Japan is already well ahead with bitcoin regulations, other countries are still halfway in this direction. According to the report of Asia Securities Industry and Financial Markets Associatio...

Path: Blog
Why should you invest in offshore business?

... absolutely legal. It is important to understand all pros and cons of investing offshore to form your company in the right way.* Main point of offshore investing is a favorable tax climate. Small countries are aware that low tax rates and favorable regulations for business will attract foreign capital. It is true and most offshore countries have significantly improved their economics after becomi...

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Move business wisely. What to consider when choosing offshore jurisdiction?

...ty protection. This charge differs from jurisdiction to jurisdiction and if you need to pay more than company earns – it is not reasonable. Legal part also plays a big role in company formation. Comfortable offshore climate often depends on local regulations. Most considered branches are: asset protection legislation, confidentiality conditions, international business functioning rules, investm...

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Know-hows on Different Legislations and Blockchain Implementation Profitability in Your Business

...ll numerous discussions whether it is profitable to use Blockchain in your business, or not. Financial companies, retail and even government authorities are using new instruments in their work.* At the same time, there are different approaches to regulations of **Blockchain companies** in the world. Some countries accept new ways and some do not. We are not aiming to explain how the **Blockchai...

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“To trade or not to trade?” or How Chinese Exchanges Overcome the Bitcoin Ban?

...or crypto-enthusiasts. What is happening now and what are the perspectives? After the **Bitcoin exchanges ban**, the most valuable market players shut down and pushed China far back on the world’s Bitcoin community. Meanwhile, Japan implemented regulations that are much more favorable for traders and overtook the market with 44% part of the market share. Some analysts state that the Chinese b...

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Gibraltar Goes Fintech: Next Destination - Hong Kong

...ception to make some crucial agreements on the future deals. Gibraltar Fintech Offering is a plan that is to be implemented in the nearest future. On May 9, 2017, Gibraltar published a consultation paper, which consists of propositions about Fintech regulations. This is the first step to create special legal acts and start cooperation with other countries in this sector. Business in Gibraltar w...

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China Bans Popular FX Broker Services

We have already informed our audience regarding the newest **Chinese tax regulations**, legal limitations and other **business rules**. It is notably complicated to take into account every small detail while establishing company in China, therefore, we have prepared the latest news about **broker activities** in China. Chinese legal entities have rights to perform their activities on the web ...

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How Brokers in China Feel After the Website Blocks

... that the regulator is taking measures to restrict the access to some platforms, many of them still work normally. Regarding the fact that the government and financial authorities of China are very strict, sometimes entrepreneurs suffer from the new regulations and restrictions. Nevertheless, they already have the experience and are prepared for the unforeseen circumstances. According to the la...

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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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Starting offshore business in Vanuatu

... List of available banks include Westpac, Pacific Private Bank, ANZ and National Bank of Vanuatu. These facilities are considered very stable and reliable among offshore business founders. Next argument to form an offshore company in Vanuatu is tax regulations. It is important to mention that there is no capital gain tax, income tax and withholding tax. International companies are exempt from ...

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St. Vincent and Grenadines International Banking License

... Grenadines grants fair opportunities for setting up an International 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 c...

Path: Licensing
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 ...

Path: Licensing
British Virgin Islands Forex License

...d Investment License which enables them to operate financial service business. As regards to the Securities Brokerage or Forex Authorisation expenses are comparatively low and the whole process is straightforward. Since 2010 there are implemented regulations and rules which applies to forex brokers and other investment business companies, thereby BVI FCS regulates all BVI broker licenses. Th...

Path: Licensing
Vanuatu

...easons that support this claim 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 th...

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Netherlands

...rior logistics and technology infrastructure.Description A company is required to maintain accounting records to determine the financial position of the company at any time. As regards the location of the accounting, there are no special regulations. The accounting can be done in any country, but the records must be made available within a reasonable time upon request. A company may de...

Path: Licensing
Czech Republic Limited Liability Company LLC (s.r.o.)

... to fiscal year, and vice versa by simply notifying the Tax Authority. Other benefits There is no restriction on form of meeting for shareholders and directors and no restriction for place of meeting. Accounting requirements Legal regulations regarding accounting and audit in the Czech Republic are in compliance with the legislation of the European Community. All accounting reco...

Path: Companies
Vanuatu Dealer's in Securities License

... by natural or legal persons. Moreover, the clients can benefit from this license because it permits the holder to manage the portfolio of investments and to operate with securities (sell and buy) for the client or even on his behalf. The legal regulations of Vanuatu give a broad definition of Securities, hence allowing to operate with: shares in the share capital of a corporation; or ...

Path: Licensing
Pacific Private Bank

...lops and offers tailored investment solutions. By providing personalized banking services the bank is able to accommodate the individual objectives of every customer.Payment processing options MasterCard Restrictions Due to bank regulations, acceptance and issue of USD payments is prohibited. N.B. Bank may change its tariffs at any time thus please visit bank’s webs...

Path: Banks
Pacific Private Bank

...lops and offers tailored investment solutions. By providing personalized banking services the bank is able to accommodate the individual objectives of every customer.Payment processing options MasterCard Restrictions Due to bank regulations, acceptance and issue of USD payments is prohibited. N.B. Bank may change its tariffs at any time thus please visit bank’s webs...

Path: Banks
Seychelles International Business Company (IBC)

...ic of Seychelles is a nation. Therefore, it does not report any confidential records to organizations overseas. A Seychelles IBC is not related and does not fall under the EU Tax law in comparison with other companies that have to comply with the EU regulations (i.e. the UK and its territories overseas). Seychelles IBC is similar to the most popular international business company, the BVI IBC, ...

Path: Companies
United Kingdom

...tal markets; therefore, it is important to them to have greater transparency in corporate framework which includes reliable and informative reporting. Therefore, each year companies registered in the United Kingdom are obliged to comply with certain regulations and submit accounts to the local tax and registration authorities. Annual accounts, along with confirmation statement, have to be submi...

Path: Licensing