Call us Contact us now
+44 (2038) 07 15 07

Search


restrictions, imposed by European Securities and Markets Authority (ESMA) on the marketing, distribution or sale of CFDs and binary options to retail clients, will stay permanent

By European Securities and Markets Authority (ESMA) [decision](https://www.esma.europa.eu/press-news/esma-news/esma-ceases-renewal-product-intervention-measures-relating-contracts){._blank} as of 31 July 2019, continuous temporary restrictions, imposed on the marketing, distribution or sale of contracts for differences to retail clients, affecting the market from 22 May 2018, will apply as perman...

Path: Blog
CySEC introduces restrictions for CFD offering to retail investors

...Exchange Commission (CySEC) has announced new national measures that restrict the distribution, sale, and marketing of contracts for difference (CFD).** New CySEC measures are largely aligned with the ESMA (European Securities and Markets Authority) restrictions for offering CFDs to retail clients. ESMA, for its part, published an opinion concluding that measures adopted by the CySEC are justified...

Path: Blog
Australian securities and investments commission proposes CFD restrictions and binary options ban

**The aforesaid regulator has recently issued a consultation paper which sets out planned measures with regards to restrictions on over-the-counter (OTC) binary options and contracts-for-differences (CFDs).** The Binary options enable traders to bet on the price of an asset or a particular currency or commodity over a short time-frame. This option allows traders to actually buy or sell the und...

Path: Blog
Singapore Private Company Formation

Singapore Limited Liability Company is an effective business tool for starting a business due to minimal business restrictions, tax exempted non-local business operations.Incorporation: within 9 working days + delivery time for the courier Minimum paid up capital: No minimum capital requirement   Overview The Republic of Singapore (SG) is an island nation situated i...

Path: Companies
Why is Limited Liability Partnership a popular business structure?

...LLP is the Limited Liability Partnership Agreement. It defines roles and responsibilities of both partners are defined in this agreement. Also, you can outline personal capital investments, distribution of profits and losses, basic liability and any restrictions. This document will prevent any misunderstandings or conflicts between partners and will let them function effectively. How to incorpo...

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

... These banks offer high-quality customer service, technological solutions for privacy and safety, security for your assets and other advantages. Some jurisdictions also have requirements for founders or executives of the company. For example, age restrictions or quantity of directors. Some company structures require minimum number of shareholders too. It is important to know the details because...

Path: Blog
India is up to Classifying Crypto-Exchanges as e-Commerce Platforms

...ttitude of the government became indulgent. The widespread of crypto-services over the country has encouraged local exchanges to run rampant advertisement campaigns all over the media. Notwithstanding, the vista of new regulations, which may add restrictions on crypto promotions, a number of top exchanges have decided to abstain from running such ads. From our perspective, implementation of...

Path: Blog
Cuba is up to define Crypto Regulation Guidelines

...the last year has released a report, highlighting those start-ups in Cuba were using Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies to fill the gap created after the Western Union closed more than 400 branches in the country amid financial restrictions. Our editorial office continues to keep an eye out on crypto-regulations all over the world and our improvised cycle of articles on th...

Path: Blog
Lawyers’ Lobbying Efforts result in lifting Crypto-Ban in Vanuatu

...ent to the Financial Dealers Licensing Act unexpectedly went into effect, allowing the “distribution, secondary trading, custodial storage and provision of investment advice or other services in relation to digital assets”. After years of strict restrictions on any engagement with cryptocurrencies, which made those wishing to deal with Crypto go other ways, Vanuatu jurisdiction will become eve...

Path: Blog
ASIC’s strengthens consumer protections by reducing CFD leverage

Recently the Australian Securities and Investments Commission (ASIC) announced a product intervention order which included restrictions on selling contracts for difference (CFDs) to retail clients, saying it was still concerned about investor protection. This came after the Australian parliament granted ASIC product intervention powers, similar to those exercised by the European Securities and Ma...

Path: Blog
Nigeria’s Crypto regulation as a solution for financial services

...l financial services that are often taken for granted in other more developed countries are lacking in Nigeria. One of the reasons for this is because financial regulators in a number of African countries, including Nigeria, have imposed significant restrictions on how citizens can spend their money. Main reason for this is the banking system that is disconnected from the rest of the world causing...

Path: Blog
Forex Markets Related Regulations After Pandemic

...he form of Guidelines, Circulars within the existing regulatory framework. In August last year, the Australian Securities and Investment s Commission (ASIC) revealed its consultation paper which introduced to ban binary options and place leverage restrictions on CFDs and regarding this paper ASIC has large response. ASIC has not implemented any changes yet, but in relation to coronavirus pandem...

Path: Blog
New Legal Framework for Forex and CFD Brokers in Bahamas

**Bahamas is one of the most popular destinations for foreign exchange and CFD brokers**, with the nation’s regulator - the Securities Commission (SC) of The Bahamas, is about to introduce a set of new regulations which stipulates leverage restrictions. Proposed regulation has been highlighted by the Government of The Bahamas on the 27th of May 2020. The SC will be implementing leverage rest...

Path: Blog
Turbo Certificates vs. CFDs

Although CFDs and Turbo Certificates have common characteristics, ESMA’s restrictions do not extend to such investment product as Turbo Certificate. So, let’s find out why? What is the difference between Turbo Certificates and CFDs? Both instruments trade with leverage and do not have expirations. However, Turbos offer a guaranteed return as these are structured products whose upside retur...

Path: Blog
Crypto aspirations: North Korea is holding cryptocurrency conferences

... the crypto world can bring to the regime**. Despite North Korea is always associated with strict confidentiality, all who are willing to participate in the conference can apply (upon pre-approval, of course). As the conference is international, restrictions have been softened: internet access will be available, digital devices will be allowed and even the US citizens are welcome. Although not...

Path: Blog
Bitcoin fortifying its positions: El Salvador, Paraguay and Beyond

...n Bitcoin usage. In May, the Chinese government announced that it would be banning working relationships between traditional financial institutions and cryptocurrency platforms. Then, this month, authorities in several regions of China tightened restrictions on Bitcoin miners. However, with growth of interest in Bitcoin adoption by countries, a number of questions arises: all of these count...

Path: Blog
FCA is planning to restrict crypto derivatives

The UK's Financial Conduct Authority (FCA) is putting forward restrictions on the sale, marketing and distribution of derivatives such as CFDs, options and futures, as well as exchange-traded notes (ETNs) linked to "unregulated transferable cryptoassets".The aforesaid restrictions shall apply to all retail consumers and firms operating or based within the country. The regulator describes these a...

Path: Blog
Too old for trading

...ighly sensitive topic, especially for Japan, where the current situation of aging 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 ...

Path: Blog
Secrets of starting a business in the UAE

...usinesses and it depends on your specialization, where to incorporate the company. Same rules will apply to offshore companies. You don`t need months to set your business up and requirements are reasonable. There are no citizenship or nationality restrictions, age and share capital are the only personal requirements that needs to be considered. Founder need to be older than 21 or 25 years depen...

Path: Blog
FCA will offer 30:1 margin leverage in government bonds

The Financial Conduct Authority (FCA) has recently published concluding statement with regards to caps on leverage, marketing restrictions, and mandatory risk warnings of contracts for difference (CFDs) and CFD-like options sold to retail clients. The British regulator announced that its rules will be permanent. It is worth noting, that aforesaid regulations, that will be introduced next month...

Path: Blog
How Brokers in China Feel After the Website Blocks

We have already informed you regarding the latest **Chinese website restrictions** that occurred due to lack of information towards the financial regulator. Soon after the government **banned Bitcoin and other cryptocurrency exchanges**, followed by the bans of other trade platforms. It affected all FX and trading platforms without ICP certificates. Trading community stated that the access to...

Path: Blog
What needs to be included in your offshore business plan

...n is to purchase a foreign company and to move your profit to a low-taxation jurisdiction to reduce the amount of taxes that you should pay. There is another solution to reduce the taxes for corporations that required to remain in the US, based on restrictions, low foreign sales or another reasons. Offshore Captive Insurance will allow you to divide the assets between your companies. Assets will...

Path: Blog
How RootAnt Makes Brokerage in China Easier

...rt of integration with the legal requirements. Lincoln Yin, CEO of RootAnt, claims that in future there will be more brokers in Asian and particularly Chinese market. There is an interesting tendency for brokers now. Governments look up to adding restrictions for international traders and investors. At the same time, individuals search for more ways to perform these actions overseas. Talking...

Path: Blog
FATF is planning to release International Crypto Regulation by next summer

...elines proposed by FATF, noted Billingslea, who also functions as the assistant secretary for terrorist financing in the U.S. Department of Treasury. He also advised that any country that will not comply with the above-mentioned regulation will face restrictions, and be added to a FATF blacklist. FATF shall require relevant firms across the globe to become duly licensed and regulated in attempt...

Path: Blog
Businesses will be required to meet criteria of physical presence in Belize

.... In accordance with the latest changes to the Acts * the International Business Companies regime will be extended to Belize residents, and will also allow for ownership of International Business Companies (IBC) by Belizeans; * as of January the restrictions that an International Business Company cannot carry on business with Belize residence shall be removed; * the Belize IBC will have the r...

Path: Blog
Financial conduct authority of the UK has banned binary options for private investors

...ill now remain permanent in force.** This decision, adopted by the regulator, did not come as a big surprise to market participants. The FCA’s rules, in general, are the same as the European Securities and Markets Authority’s (ESMA) temporary restrictions regarding binary options. At the same time, the FCA is also applying its rules to so-called ‘securitized binary options’ that were ex...

Path: Blog
Australia adopted a new product intervention law

...en unsuitable products are allocated. **Product intervention powers will affect the financial products offered to the retail sector and are likely to be implemented at the beginning of 2021.** The ASIC is now empowered to contemplate what kind of restrictions it will impose on the market participants. The changes caused by the new regulatory framework are similar to those already adopted in ...

Path: Blog
CySEC proposes three levels of leverage for retail clients

...e has tightened greatly. *“Temporary product intervention measures set across Europe have supported CySEC’s own efforts to enhance investor protection. As this guidance is introduced into legislation alongside additional national measures and restrictions set by CySEC, our communication with investors and the industry representatives will provide an opportunity for feedback on what we see a...

Path: Blog
Singapore Crypto License

...ble, and additional clarifications must be provided if such arise during the review of an application by MAS.General information Company structure At least one shareholder (can also be a legal person, no nationality restriction or residency restrictions) At least one director (only natural person, at least one must be Singapore resident/holder of Singapore work pass) Confidentialit...

Path: Licensing
ICO company in Estonia

...s of the project and receiving a valid legal opinion from a certified legal advisor on the compatibility of the particular ICO project with Estonian legislation.ICO company's structure At least 1 Shareholder (natural person or legal entity, no restrictions with regards to citizenship or residence) At least 1 Director (foreign residents are allowed) Confidentiality Director’s d...

Path: Licensing
Hong Kong Type 9 (Asset Management) License

...sed responsible officers must be an executive director.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction) Only one director (only natural person, no nationality or residency restrictions) At least two Responsible Officers (ROs) (in all cases at least one RO resident in Hong Kong must available at all times to supervise t...

Path: Licensing
Switzerland Portfolio Management (ARIF Registration)

...ability of a company Possibility to give shares No additional exams or test must be passed for appointed persons General information Company structure and staff: Min. 1 shareholder (can be legal entity or natural person, no nationality restrictions) Min. 1 director (can be only natural persons, at least one must be of Swiss nationality) Details of shareholder(s) and director(s...

Path: Licensing
Labuan Fund Management License

...’s details are not part of public records No mentioned need to maintain a full time employee in Labuan Office General information Company structure and staff: Min. 1 shareholder (can be legal entities or natural persons, no nationality restrictions) Min. 2 directors (can be only natural persons) Min. 3 local employees Taxation Profit Tax – 3% of net audited profits a...

Path: Licensing
British Virgin Islands Forex License

...ement it must be a local insurance company.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction) At least two directors (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners' details – Not part of public record Shareholders' details – Not part of public recor...

Path: Licensing
Belize Money Transmission License

...ize and maintained fully paid up and unimpaired at all times during the exercise of the licensed services and activities.General information Company structure At least one shareholder (can also be a legal person, no nationality or residency restrictions) At least one director (can also be a legal person, no nationality or residency restrictions) N.B. It is highly preferable to have...

Path: Licensing
Cook Islands Money Changing-Remittance License

...l from FSC. Each shareholder, director or other officer of the applicant must be proper to hold such position.General information Company Structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions) Registered Secretary is required. Conf...

Path: Licensing
Alderney Gambling License

...bling and due to the online gambling equipment testing, the players can be confident that provided games are fair.General information Company structure At one shareholders (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners'...

Path: Licensing
Costa Rica Gambling License

...nting requirements; No requirements on professional or financial standing; Business can be conducted internationally General information Company structure Minimum one shareholder (can be a legal entity or natural person, no nationality restrictions) Minimum one director (can only be natural person, no nationality or residency restrictions) Taxation Costa Rica companies a...

Path: Licensing
Belize Forex License

...nt reports to the IFSC Audit of the company’s financial reports and further submission of the audit results to the IFSC Secretary - Optional, although it is customary to have one (can also be a legal person, no nationality or residency restrictions) Local office - Required Local employees - Required Company name Language: Any Letters: From Roman alphab...

Path: Licensing
New Zealand Forex License

...t time possible. The support of Offshorelicense team ensures successful registration and a continued compliance with all directives.General information Company structure At least 1 shareholder (natural persons and legal entities allowed, no restrictions with regards to citizenship or residence) At least 1 director (natural persons only, at least one local director or a resident of any e...

Path: Licensing
Vanuatu Dealer's in Securities License

...falling within any other provision of the Act; or a right under a contract for the acquisition of securities. General information Company structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (only natural person, no nationality or residency restrictions) AML Officer Alternative AML officer Require...

Path: Licensing
Mauritius Global Business License (GBL) & Investment Dealer License

...r other such fees Royalties paid to non-residents are exempted from taxes High confidentiality, no public records Bank account in Mauritius Not blacklisted General information Company structure Minimum 1 shareholder (no nationality restrictions for physical shareholders) Minimum 2 resident directors* Taxation   No tax on income and dividends; No capital g...

Path: Licensing
Curacao Gambling License

...ould not deviate substantially from generally accepted methods, like the OECD transfer pricing guidelines. General information Company structure At least two shareholders (can also be a legal person, no nationality restriction or residency restrictions) [later membership interests can be legally transferred to one person] Only one director (can only be natural person, no nationality or...

Path: Licensing
Bulgaria Forex License

...rements - Regular accounting and Audited accounts submission is required Registered office - Required Local employee - Required (3 and more)  Company name Company names are subject to the following requirements and restrictions: A name can be in any language as long as Roman letters are used. The Registrar may however require an English translation if a foreign l...

Path: Licensing
Labuan Money Broking License

...hin the definition of Labuan money-broking business under Section 86 of the Labuan Financial Services and Securities Act 2010General information Company structure Only one shareholder (can also be a legal person, no nationality or residency restrictions) At least two directors (can only be natural person, no nationality or residency restrictions) Confidentiality Beneficial ow...

Path: Licensing
Labuan Token License

...capital may be required to be paid in amount up to RM 1 000 000.00 which is an equivalent of approximately USD 250 000.00.General information Company structure At least 1 shareholders (can also be a legal person, no nationality or residency restrictions*); At least two directors (can only be natural person, no nationality or residency restrictions*). *restrictions may be imposed by...

Path: Licensing
Gibraltar Distributed Ledger Technology Provider’s License

...should be noted that they must have sufficient experience and expertise to run the business from in Gibraltar. General information Company structure At least 1 shareholder (the maximum 50 shareholders) (no nationality or residency restrictions) At least 2 directors (at least 1 director with full voting rights has to be local) A minimum of 1 additional Key-role employee in Gi...

Path: Licensing
Bahamas Payment Services Provider License

...atory Advantageous tax treatment for shareholders of PSPs A stable political environment A cost-effective jurisdiction General information Company structure Minimum 1 director (can be only natural persons, no nationality or residency restrictions)* Minimum 1 shareholder (can be natural or legal persons, no nationality or residency restrictions) Taxation No corporate ta...

Path: Licensing
Estonian Cryptocurrency Exchange License

...nd who has been appointed by the undertaking in accordance with Estonian legislation certificate of criminal records of a beneficial owner General information Company structure At least one shareholder (natural person or legal entity, no restrictions with regards to citizenship or residence) At least one director (foreign residents are allowed) Confidentiality Beneficial o...

Path: Licensing
Deltec Bank Account Opening

...Limited and Deltec Investment Advisers Limited, Deltec Securities Ltd. and Long Cay Captive Management. Advantages of bank account opening: A tax neutral platform – with no income, estate, inheritance or capital gains tax, and no restrictions on the repatriation of funds No forced heirship laws for domiciled assets Highest ranking nation for civil liberties and political ri...

Path: Banks
Crypto Exchange and Wallet License in Lithuania

...uania/Europe. Virtual currency exchange and Virtual wallet service providers are supervised by Financial Crime Investigation Service (FIS).General information Company structure At least one shareholder (natural person or legal entity, no restrictions with regards to citizenship or residence) At least one director (foreign residents are allowed) Confidentiality Beneficial o...

Path: Licensing
Bermuda Digital Asset license

...ct or service by means of distributed ledger technology. There are two classes of the License available for applicants: The Class M - is a restricted form of license intended as a regulatory "sandbox", with modified requirements and certain restrictions, and will be valid for a specified period, the duration of which will be determined by the BMA on a case-by-case basis. Following the exp...

Path: Licensing
Mauritius Global Business License (GBL), PIS

...e company has a local presence by employing local staff. This local presence will be shown through a Mauritian support office Taxation   No tax on income and dividends No capital gains and inheritance tax No exchange control restrictions Free repatriation of profits, dividends and capital 100% foreign ownership No stamp duty and no capital duty levied on the issue of...

Path: Licensing
Switzerland Crypto License

... the applicant may be asked to submit further information or documents in order to establish full compliance with licensing requirements.General information Company structure At least one shareholder (no nationality restriction or residency restrictions) At least one director (cannot be legal persons and need not to be shareholders of the corporation) Confidentiality Benefici...

Path: Licensing
Gibraltar Gambling License

...public interest. Company name is restricted to be identical or similar that of an existing company. In case when foreign language is used for company name the translation must be provided to Registrar which will ensure conformity to above listed restrictions. In order to obtain a license, the following steps will be carried out: Data Processing for License application with the Regulator...

Path: Licensing
Isle of Man Gambling License

...public interest. Company name is restricted to be identical or similar that of an existing company. In case when foreign language is used for company name the translation must be provided to Registrar which will ensure conformity to above listed restrictions. In order to obtain a license, the following steps will be carried out: Assistance in company formation (if necessary) Assistanc...

Path: Licensing
Cayman Islands Securities Investment Fund License

...on : Not less than 100 000 USD (or its equivalent in another currency) per investor; or Equity interests must be listed on a stock exchange approved by CIMA Overview In Cayman Islands the Mutual Funds Law does not impose any restrictions on investment objectives, risks, target rates of return, leveraging or other commercial matters, given the institutional and sophisticate...

Path: Licensing
Japan Virtual Currency Exchange Provider’s License

...l currency exchanges; Japan is major international financial center; 96 double taxation avoidance treaties; Not blacklisted. General information Company structure At least 1 shareholder (natural person or legal entity, no nationality restrictions) At least 1 resident director (representative of the local office) A minimum of 1 local compliance officer (local compliance officer ...

Path: Licensing
Hong Kong Type 3 (Leveraged Foreign Exchange Trading) License

...guage No Corporate Income Tax on foreign sourced income; No withholding tax on interest, dividends and royalty No requirement to maintain a local office No requirement to have Hong Kong residents in the structure Hong Kong imposes no restrictions on foreign investments and has no foreign exchange controls General information Company structure Minimum 1 director (can be...

Path: Licensing
Cayman Islands Securities Investment Business License

...al income, corporation, capital gains, profits or withholding taxes for Cayman exempted companies High level of asset protection General information Company structure At least 1 shareholder (natural persons and legal entities allowed, no restrictions with regards to citizenship or residence) At least 2 directors (natural persons only, no restrictions with regards to citizenship or re...

Path: Licensing
Bahamas Dealing in Securities License

... There are no tax returns required No Information Sharing Stockholders are Not Public Record Low Annual Fee General information Company structure Minimum 1 director* (can be only natural persons, no nationality or residency restrictions) Minimum 1 shareholder(can be natural or legal persons, no nationality or residency restrictions) Taxation No tax on income ...

Path: Licensing
Georgia Payment Service Provider Authorization (PSP)

...n the high-risk or other monitored jurisdiction list General information Company structure Minimum 1 resident Director (must have detailed information related to all transactions) Minimum 1 Shareholder (natural person or legal entity, no restrictions with regards to citizenship or residence) Registered Agent - Not required Registered office - Required Loc...

Path: Licensing
El Salvador Online Gambling Company Formation

...nues. However corporate income tax is based on the territorial principle, and, in general, is paid on goods located, activities realized, and capital invested in El Salvador as well as on services provided in the country. Even though there are no restrictions in relations to the shareholder’s citizenship or residence, it is important to take into consideration that a special withholding tax r...

Path: Licensing
New Zealand Asset Management License

...ation (WTO) Wide network of double tax treaties There are no minimum share capital requirements Official language is English General information Company structure At least 1 shareholder (natural persons and legal entities allowed, no restrictions with regards to citizenship or residence) At least 1 director (natural persons only, at least one local director or a resident of any e...

Path: Licensing
Saint Vincent and the Grenadines Forex Company Formation

...l reports to local authorities Forex company can be managed / controlled from anywhere in the world All documents and stamps of the company can be held anywhere in the world Forex Company may issue shares with different rights, limitations and restrictions in one or more currencies Bearer shares are allowed (not recommended) Limited liability of shareholders There are no requirements f...

Path: Licensing
St. Vincent and Grenadines International Banking License

... All obtained KYC information and documentation on all clients of the Bank needs to be maintained at the Bank's office.General information Company structure At least one shareholder (the maximum 50 shareholders) (no nationality or residency restrictions) At least one resident director (can also serve as a Manager to the Bank) At least 1 Manager (Local) At least 2 additional employee...

Path: Licensing
Fiji Foreign Exchange Dealer License

...are permitted 100% Ownership High confidentiality, no publicrecords No AEOI (Automatic Exchange of Information) planned Bank account in Fiji Not blacklisted General information Company structure Minimum 1 director (no nationality restrictions) Minimum 1 shareholder(no nationality restrictions) Taxation Value added tax (VAT) - 9% Company Corporate Tax - 20% (Loss ...

Path: Licensing
UK Crypto Exchange Company Formation

...t contribute the exchange of certain currencies should consider if they need to be authorized by the FCA to be able to provide their services.General information Company structure At least one shareholder (natural person or legal entity, no restrictions with regards to citizenship or residence) At least one director (foreign residents are allowed) Taxation In general, UK comp...

Path: Licensing
Vanuatu International Bank License

... the licensee must be kept in Vanuatu the services will not be offered to Vanuatu residents or in Vatu (local) currency General information Company structure At least 1 shareholder (can also be a legal person, no nationality or residency restrictions) At least 2 individual directors (at least 1 director must be a resident of Vanuatu) At least 1 employee that will have a day-to-day ...

Path: Licensing
Cyprus Forex License

...rary to the public interest. Company name is restricted to be identical or similar that of an existing company. In case when foreign language is used for company name the translation may be asked by Registrar to ensure conformity to above listed restrictions. In order to obtain a license, the following steps will be carried out: Gathering and preparing all of the documents for initial v...

Path: Licensing
USA Nevada Limited Liability Company Formation

...provide for a Board of Directors - The relaxed reporting standards mean companies registered in Nevada are not required to file annual accounts General information Company structure Only one single shareholder is required (no nationality restrictions) One director (no nationality or residency restrictions, can also be a shareholder) Taxation Nevada is an attractive jurisdi...

Path: Companies
Deltec Bank Account Opening

...Limited and Deltec Investment Advisers Limited, Deltec Securities Ltd. and Long Cay Captive Management. Advantages of bank account opening: A tax neutral platform – with no income, estate, inheritance or capital gains tax, and no restrictions on the repatriation of funds No forced heirship laws for domiciled assets Highest ranking nation for civil liberties and political ri...

Path: Banks
Seychelles International Business Company (IBC) Formation

...nd government interest to support the IBCs thus keeping the status of a viable and competitive offshore solution.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners'...

Path: Companies
Netherlands Limited Liability Company (LLC) Formation

...reduced. The BV is also the most employed type of structure when setting up a holding company in the Netherlands.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions). Physical person as a director recommendable ...

Path: Companies
United Kingdom Limited Liability Partnership Formation

... if something goes wrong with the business, in much the same way as shareholders in a limited company are able to.General information Company structure Two or more designated members (can also be a legal persons, no nationality or residency restrictions) Confidentiality Beneficial owners' details – disclosed to the Registered Agent of the company and is held by the agent on a...

Path: Companies
United Kingdom Limited Company Formation

...rofits £300,000 or less (‘small profits’ rate) - 20% - from Apri 1, 2011, 2012, 2013 Profits above £300,000 (‘main’ rate) - 26% from April 1, 2011; 24% - from April 1, 2012; 23% - from April 1, 2013 Other benefits There are no restrictions on form of meeting for partners and no restriction for place of meeting. Accounting requirements Companies House will send a ’s...

Path: Companies
Gibraltar Limited Liability Company Formation

...oy secure asset protection provisions and flexible corporate  structuring that allows for single individual.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners'...

Path: Companies
Scotland Limited Partnership Formation

...counts. Nominee service is allowed.General information Company structure Only one general partner (can also be a legal person, no nationality restriction) Only one limited partner (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners' details – disclosed to the Registered Agent of the company and is held by the agent on a co...

Path: Companies
Quebec Company Formation

..., in the case of a corporation, ownership of the business would simply transfer to the shareholders' heirs.General information  Company structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can only be a natural person, no nationality or residency restrictions) Confidentiality Beneficial owner...

Path: Companies
USA Delaware Limited Liability Company Formation

...ect the personal liability and assets of the owners. At the same time, it allows the owner to enjoy the benefits of a tax-free jurisdiction on all business transactions and profits generated outside the United States without having to go through the restrictions of a US Corporation. It offers the possibility to have a US company with the similar advantages of an International Business Company (...

Path: Companies
Labuan International Business Company Formation

... of one shareholder is required which may be an individual or a corporate body. The details of company beneficial owners and shareholders are not part of the public records Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners' details – Not part of public record Shareholders' details – Not part of public recor...

Path: Companies
St.Lucia International Business Company Formation

..., it is quickly earning a name for itself in the 21st century as a leading offshore banking and financial centre.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners'...

Path: Companies
Isle of Man Limited Liability Company Formation

...ctive tax appeal than Sole Traders or Partnerships, which is why it is the most popular choice for incorporation.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners'...

Path: Companies
British Virgin Islands International Business Company Formation

... under the Banks and Trust Companies Act, 1990) or insurance or re-insurance business (unless licensed in the BVI to carry on that business). Otherwise, BVI BC's may engage in any activity that is not illegal under the laws of the BVI subject to any restrictions in their Memorandum of Association.General information Company structure Only one shareholder (can also be a legal person, no na...

Path: Companies
Belize International Business Company Formation

...onsulting services, personal services by individuals living and working abroad (expats), ownership of real-estate and intellectual property, licensing and franchising along with many other activities. It all depends on your initiative, with very few restrictions. A Belize IBC is formed under the Belize International Business Companies Act. This piece of legislation was initially adopted in 1990...

Path: Companies
Antigua and Barbuda International Business Company Formation

...ors who can enjoy a full tax holiday to Antigua.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction) Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners' details – Not part of public record Shareholders' details – Not part of public recor...

Path: Companies
St. Vincent and the Grenadines LLC Company Formation

...inancial privacy laws in operation around the world. It is the only law of its kind found in an independent sovereign nation.General information Company structure Only one shareholder (can also be a legal person, no nationality or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions) Confidentiality Beneficial owners'...

Path: Companies
Marshall Islands International Business Company Formation

...eholders are not subject to personal income tax.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction) Only one director (can also be a legal person, no nationality or residency restrictions) A Secretary (can also be a legal person, no nationality or residency restrictions) N.B. A Secretary can be same as director Co...

Path: Companies
Vanuatu International Business Company Formation

...BVI, Bermuda, Cayman Islands and Jersey. An Offshore or International Company, is commonly set up in an offshore financial centre like Vanuatu, where there are no corporate or personal income taxes, capital gains taxes, reporting requirements, or restrictions on company employment policies. As tax laws differ from country to country it is important to seek proper professional advice in your hom...

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

...n be represented by share deed similar to the stock at joint stock company. Czech s.r.o. can be formed by one or more partners, no matter if legal entities or individuals. One person may be a sole member of another companies, there are not any legal restrictions. The maximum amount of company members is not limited.General information Company structure Only one shareholder (can also be a ...

Path: Companies
Hong Kong Limited Company Formation

...allow funds to flow freely in and out of the territory.General information Company structure Only one shareholder (can also be a legal person, no nationality restriction) Only one director (only natural person, no nationality or residency restrictions) Confidentiality Beneficial owners' details – Not part of public record Shareholders' details – are part of the public r...

Path: Companies
Switzerland Limited Liability Company Formation

...General information Company structure IMPORTANT: At least one director must be a resident of Switzerland. Minimum number of directors – one. Only one shareholder (can also be a legal person, no nationality restriction or residency restrictions) Take note that one resident of Switzerland is required to be the director Confidentiality Beneficial owners' details – No...

Path: Companies
Cyprus Limited Liability Company Formation

...the extent of the nominal value of their shares. In a private company limited by shares there is no minimum required capital.General information Company structure Only one shareholder (can also be a legal person, no nationality or residency restrictions) Only one director (can also be a legal person, no nationality or residency restrictions but advisable to have locally based for purpos...

Path: Companies
LPB Bank Account Opening

...ing in order to ensure that Customer account operations are in compliance with the requirements of Latvian legislation and the international standards in this area. LPB Bank was founded in 2008.Payment processing options MasterCard restrictions: N.B. Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on s...

Path: Banks
Uruguay Limited Liability Company Formation

...y in Uruguay is better suited for conducting global business outside of Uruguay’s borders to avoid all taxation which is the main advantage for non-resident entrepreneurs.General information Company structure Minimum two shareholders* (no restrictions on the nationality) One director* (no restrictions on the nationality and residency, corporate directors are allowed) *Both can be...

Path: Companies
Account Opening in Bank Alpinum

...fit from its modern e-banking system with full electronic payment facilities. The account opening procedure is straight forward and can be done without physical presence in Liechtenstein.Payment processing options MasterCard, Visa restrictions Not working with Non-EU Forex and Gambling N.B.  Bank may change its tariffs at any time thus please visit bank’s webs...

Path: Banks
Raiffeisenbank Bank Account Opening

...t to quality is regularly reflected by a broad range of local and international awards, including by such leading finance industry publications as "The Banker", "Euromoney" and "Global Finance".Payment processing options MasterCard, Visa, AMEX restrictions: N.B. Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on s...

Path: Banks
Bank Account Opening in ING Bank

...ries, strong financial position, omnichannel distribution strategy and international network. Moreover, ING is currently among leaders in the Dow Jones Sustainability Index ‘Banks industry’ group.Payment processing options MasterCard, Visa restrictions: N.B. Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on s...

Path: Banks
Pacific Private Bank Account Opening

...ement, the bank develops 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 Network restrictions Due to bank regulations, acceptance and issue of USD payments is prohibited. USD accounts are not available. Prepaid Debit card...

Path: Banks
Account Opening in Bank Alpinum

...can also benefit from its modern e-banking system with full electronic payment facilities. The account opening procedure is straight forward and can be done without physical presence in Liechtenstein.Payment processing options MasterCard, Visa restrictions Not working with Non-EU Forex and Gambling N.B. Bank may change its tariffs at any time thus please visit bank’s website ...

Path: Banks
Pacific Private Bank Account Opening

... the bank develops 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 Network  restrictions Due to bank regulations, acceptance and issue of USD payments is prohibited. USD accounts are not available. Prepaid Debit card...

Path: Banks
Comert Bank Account Opening

...velopment and success. 25 years of experience enable the bank to look with confidence to the future. However, Comertbank priority is to ensure financial well-being of each client.PAYMENT PROCESSING OPTIONS MasterCard, Visa restrictions: N.B. Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on s...

Path: Banks
Canadian Limited Partnership Formation

...dents of Canada.General information Company structure Minimum one general partner (can also be natural person or legal entity, no residency restriction) Minimum one limited partner (can also be natural person or legal entity, no residency restrictions) LP may be formed by one person being both general and limited partner Taxation No corporate income tax No withholding tax...

Path: Companies
Macau Offshore Commercial Company (OCC) Formation

...al community showed increasing confidence concerning investment in Macau. At the same time, Macau is also one of the freest and most open regions for global trade and investment.General information Company structure Only one shareholder (no restrictions on the nationality or residency) Only one director (no restrictions on the nationality and residency, natural persons or corporate enti...

Path: Companies
RAK ICC or Ajman Offshore Company Formation

... takes slightly less time comparing to RAK. However, the main factor for the time frame is the productivity of original signed documents to be delivered back to Dubai.General information Company structure: Minimum 1 director (no nationality restrictions) Minimum 1 shareholder (no nationality restrictions) Capital No minimum capital is required Taxation 0 corporate ...

Path: Companies
Authorised Company in Mauritius

...te transparency - No taxes of any sort - Stable jurisdiction with a very good reputation - Efficient communication means - Convenient world time zone: GMT+4 General information Company structure At least 1 shareholder (no residency restrictions) At least 1 non-corporate director (no residency restrictions)  Taxation Mauritius Authorised Company is not a taxable ...

Path: Companies
Poland Limited Liability Company Formation

...ional requirements. Your company in Poland will bring the real profit with minimal investment and a positive business climate.General information Company structure Minimum one shareholder (can be either natural persons or legal entities, no restrictions on the nationality or residency) Minimum one director (no restrictions on the nationality and residency) Taxation Corporate ...

Path: Companies
Cayman Islands Company Formation

...ity - mergers with other corporations either in the Cayman Islands or in other countries are allowed General information Company structure Minimum one shareholder (can be either natural person or legal entity, no nationality or residency restrictions) Minimum one director (no restrictions on the nationality and residency, corporate directors are permitted) Taxation There i...

Path: Companies
Malta Private Limited Company Formation

...ember of the EU and Eurozone - not considered as tax haven and is not blacklisted - possibility to reduce corporate income tax rate to 5% General information Company structure At least 1 Shareholder (can be legal entity, no nationality restrictions) At least 1 Director (no nationality or residency restrictions) * *Shareholder can be the same person as director Taxation ...

Path: Companies
Andorra Limited Liability Company (SL) Formation

...r model. A business entity in Andorra may be a solution for you to trade internationally enjoying all the advantages that Andorra has to offer.General information Company structure At least 2 shareholders (natural person or legal entity, no restrictions with regards to citizenship or residence, however, preliminary approval is required) At least 1 director (natural person only, foreign ...

Path: Companies
Saint Kitts and Nevis Limited Liability Company (LLC) Formation

...ts person to become a citizen if contribution is done to a public charity or if investment is done in approved real estate development General information Company structure At least one shareholder (can be legal person, no nationality restrictions) At least one director (can be legal person, no nationality restrictions) Taxation Corporate tax –0% * * In case if t...

Path: Companies
Ireland Private Limited Company Formation

...rs. Moreover, there is a requirement for every Irish company to have a Secretary, who may also be a Director. Corporate Secretaries are allowed.General information Company structure At least 1 Shareholder (natural person or legal entity, no restrictions with regards to citizenship or residence For LTD: at least 1 Director and 1 Secretary (foreign residents are allowed), for other forms:...

Path: Companies
Estonia Private Limited Liability Company (Osaühing or OÜ) Formation

...aw, both natural persons and legal entities are allowed as OÜ shareholders and share capital is allowed not to be paid upon the incorporation if all shareholders are natural persons and share capital amount is less than 25000 EUR. There are also no restrictions with regards to shareholders’ citizenship or residence. The Board shall have at least one member (director), who can be foreign country...

Path: Companies
Seychelles Securities Dealer License

... in Seychelles under the Securities Act 2007 and its Regulations. Therefore, the relevant Authority is able to issue the Dealers in Securities license either Unrestricted, Restricted and Exempt Overseas. Unrestricted means that license comes with no restrictions, while the restricted license can set limitations regarding clients (number of clients serviced, type of clients or value of client’s i...

Path: Licensing