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Gibraltar protects its sovereignty during the Brexit negotiations
...to support interstate relations between three of them. As we already mentioned in previous articles, Spain had its claims for the Gibraltar territory. Even though Spain still considers their right to veto Gibraltar’s participation in this deal, sovereignty claims should all be dropped. The decision is still not taken but Spanish representatives released all claims considering territory’s in...
Path: BlogAbu Dhabi sovereign Wealth Fund entering ADGM
In 1976 the Abu Dhabi Government established an independent investment authority, which is called the **Abu Dhabi sovereign Wealth Fund**. Main task of this authority is performing investments on behalf of the emirate. Lately, Sheikh Hamed bin Zayed Al Nahyan, the Fund’s Managing Director, announced that the authority is going to enter the Abu Dhabi Global Market (ADGM). **The ADGM is the l...
Path: BlogBlack pearl of Caribbean. International business company at Saint Vincent and the Grenadines.
Today we would like to draw attention to Saint Vincent and the Grenadines, one of the most underrated offshore jurisdictions. Saint Vincent and the Grenadines is a sovereign and politically consistent territory, being referred to as a solid offshore jurisdiction with a strong confidentiality law. **International business companies in Saint Vincent and The Grenadines take advantages of an exemp...
Path: BlogMarshall Islands Announces Fund Development For Its Local Cryptocurrency
As you may know, not so long ago the Republic of the Marshall Islands announced the establishment of sovereign coin (sov), a national coin that currently being under active development. Recently, the government has announced that they have also formed a sov Development Fund in order to enhance the establishment of the cryptocurrency. sov Development Fund is a newly-formed Marshallese not-for...
Path: BlogMarshall islands introduces its own cryptocurrency
**The Marshall Islands is on the move with plans to issue its own cryptocurrency that will be distributed as a means of payment together with the US dollar.** **The country has recently announced the official release of the sovereign (sov).** sov will have an established money supply with settled growth along with closing the secrecy and anonymity loopholes utilized by criminals and terrorist...
Path: BlogBritish Virgin Islands announces a dollar-backed digital coin
An on-going initiative of the British Virgin Islands government to boost the local Financial Technology sector includes the development of the sovereign digital currency. The British Virgin Islands have been using the United States Dollar as the national currency since 1959. Today, the government is cooperating with a blockchain startup LifeLabs to implement a central digital currency that w...
Path: BlogGerman Political Parties raise discussion on implementing Regulation for Crypto Blockchain Industry
...ke care of the traditional financial sector but also prevent the misuse of crypto assets for money laundering and terrorist financing,” the document outlined. “We are aware of the fact that a digital awakening that safeguards our values, digital sovereignty and a strong technology base can only succeed in a progressive European framework,” the document added in regards to the ‘digital awak...
Path: BlogSt. Vincent and the Grenadines LLC Company Formation
...ational Finance) Act 1996. It is widely considered to be one of the most restrictive confidentiality laws globally, and is one of only three financial 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 restrict...
Path: CompaniesSaint Kitts and Nevis Limited Liability Company (LLC) Formation
Saint Kitts and Nevis is a dual-island located in the northern part of Leeward Islands.Timeframe: 2 weeks Minimum capital requirement: $1 USD Overview St. Kitts and Nevis is an independent sovereignty and not a crown dependent, such as the Channel Islands. Saint Kitts and Nevis gives a wide range of enabling legislation which makes it possible to create and registe...
Path: CompaniesAndorra Limited Liability Company (SL) Formation
...al is required) At least 1 director (natural person only, foreign residents are allowed) If there is 1 shareholder, then the entities are called "SLU" and "SAU", where "U" stands for "unipersonal" The general assembly of shareholders is the sovereign body in the company and passes resolutions on the most important matters in company life (amendment of bylaws, approval of yearly accounts, ...
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