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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Cost: on request.
Individual entrepreneurship implies the full responsibility of the businessman.
In what form can you open your own business:
It is worth noting that the minimum capital is not only money. In this case, it is a question of both monetary assets and property or shares.
Practice shows that DOO is in deserved demand among foreign investors. The secret is not only in the simplicity of processing all documents, but in limiting the liability of the entrepreneur.
Share capital can be contributed in installments. The first – during registration, and the second – after the company confidently “gets on its feet.”
Serbia cannot be said to be an offshore zone, but for entrepreneurs (including foreign ones who can work by proxy), the most loyal conditions are created here.
First of all, it is worth contacting a special agency that makes changes to the general Register. In particular, we are talking about recording a new company.
If the case is opened by a private person – he needs to provide a passport, legal entities bring a certificate of registration. Drawing up a power of attorney to a person who will have the right to sign all documents requires attention.
Before submitting, documents must be translated into Serbian. This can be done by contacting a court or bureau employee who offers notarized translation services.
Naturally, this is an authorized representative. Apostille will have to be made if the entrepreneur is a citizen of a country that does not participate in the Hague Convention.
As in any country, a Serbian businessman must regularly report to the tax authority. The search for a professional accountant is a question that requires a competent solution.
Foreign entrepreneurs pay taxes to the treasury of Serbia, because they receive income in this country.
Our experts will help to open a business in Serbia and establish its fruitful work.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.