The fintech sphere is quickly enlarging, and for those venturing into payment facilities, apprehending the legislative scheme for a Small Payment Institution (SPI) is crucial. This guide delves into the key aspects of SPIs, covering regulations, jurisdictional specifics, demands, advantages, and more. What Governs SPIs? The legislation of SPIs in the European Union falls under…
In the promptly transforming sphere of monetary facilities, Small Payment Institutions (SPI) play a progressively vital part, notably in Poland. As of January 17, 2025, small payment institutions functioning within the EU will be required to cope with the Digital Operational Resilience Act (DORA), which mandates a simplified ICT risk monitoring scheme. This is part…
In the world of virtual assets, the legislative sphere can often be complicated and ever-changing. For crypto financiers looking to expand their functions, apprehending local legislations is paramount. This region, with its strong monetary sector and business-friendly environment, has become a promising place for tokenized ventures, suggesting a strategic hub for commercials searching for a…
With the expanding popularity of e-cryptocurrencies, this direction has become one of the prime locations for establishing fund vehicles. Digital holdings are maturing into a crucial part of both conventional and specialised portfolios. In 2021, one-third of conventional fund vehicles ventured in digital holdings, and two-thirds planned to amplify their ventures in 2022. Notably, this…
An established and fully operational group specializing in the forex brokerage industry is now available for acquisition. This group includes multiple entities with financial licenses, a comprehensive online presence, and a complete infrastructure supporting marketing, sales, and customer service. The structure offers investors a turnkey solution with an extensive global reach. Key Details of Forex…
The Ready-Made company with AISP License holds an EU AISP (Account Information Service Provider) license issued by the Danish Financial Supervisory Authority, enabling it to provide account information services across the EU. EU Passporting: The license allows for passporting to all EU member states, providing extensive opportunities for expansion across Europe. Bank Account: The Company…
Overview EMI License in Georgia This company, licensed by the National Bank of Georgia since 2015, is a well-established provider in Georgia’s financial services market, known for a broad range of innovative payment solutions and extensive reach across the country. Key Services E-Money Issuing: Reliable electronic money issuance services. Multi-Currency E-Wallet & Account: Efficient fund…
Key Details of this Lithuanian VASP: Licensed VASP: Established in 2021 with full authorization from FNTT. Banking Setup: Active PSP account with a Lithuanian EMI for smooth operations, and a local bank account for tax and salary payments. Financial Stability: No loans or debts, in good standing, compliant with AML/KYC regulations. Legal and Operational Support:…
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Why is the creation of a company in Mexico considered a competent and far-sighted decision that can bring impressive profits? It is all about external investment in the economy.
More than 20,000 regular investors are a guarantee of success. According to the legislation of the country, citizens of other states are offered loyal conditions for registering their company.
You can choose almost any industry. Except those that are prohibited at the state level.
For example, a foreigner will not be able to work in the oil and nuclear fields. There is also a ban on activities related to electricity and postal services.
Only the state has the right to work in all of the above areas. Also, foreign citizens in Mexico will not be allowed to open a transport or media company.
Tourism, trade, hotel and restaurant business are open to foreign entrepreneurs. To register a business, all founders must be in the country.
Attracting co-founders – citizens of Mexico – is not necessary.
30% is the tax rate for all entrepreneurs. And then do not forget about the strict rules of doing business, which are mandatory.
For these and many other reasons, Mexico cannot be called offshore.
All businessmen need:
The procedure for registering an enterprise in Mexico will take four to five weeks. After the businessman receives all the documents “on hand”, you can begin work.
It is important to remember that the activities of all companies are under constant supervision by regional and federal authorized bodies.
The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.