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:…
Zurich
+41 435 50 73 23Kyiv
+38 094 712 03 54London
+44 203 868 34 37Tallinn
+372 880 41 85Vilnius
+370 52 11 14 32New York
+1 (888) 647 05 40Registration cost 2 800.00 EUR Company renewal cost 2 500.00 EUR Number of directors 1 Corporate tax 25.00% Paid Share Capital 0.01 Mandatory reporting requirements Yes The Kingdom of the Netherlands gained independence at the end of the 16th century, having previously been under Spanish rule. The next century was a century of great breakthroughs…
The initial placement of coins, or, as it is also called ICO in Switzerland, just like the launch of a token, is considered an unregulated method of attracting investment into a project. In fact, it is the issue of digital coins or tokens that are used to create a new cryptocurrency or are created based…
Commercial arbitration at the international level is the implementation of litigation for legal entities in different jurisdictions, where the resolution of disputes on commercial transactions between parties from different countries is considered. After the courts have rendered decisions, it is necessary to control the execution of international courts. Accompanying the execution of decisions of such…
In the modern business world, Switzerland has gained the image of an expensive, but, at the same time, stable country. Tax planning and participation in various government tenders make Switzerland an ideal country for those looking to start a business abroad. Offshore in Switzerland is also possible, it is here that every businessman gets: fixed…
A virtual office is a business place that can be operated remotely. Thanks to the virtual office service, business owners and employees can work from anywhere in the world. All you need to do is have a computer or smartphone and Internet access. A virtual office can provide significant savings and flexibility when compared to…
Please carefully study the tax aspects in your jurisdiction before buying an offshore company in one of the island jurisdictions. Let’s take a closer look at the tax aspects associated with owning and operating an offshore company. Offshore companies are usually incorporated in two forms: International Business Company (IBC) and Limited Liability Company (“LLC”). In…
What do you know about merchant accounts? We all know that a merchant account is a legal agreement between a merchant – a merchant and a processor. It exists in the form of a dedicated bank account that allows you to accept and process financial transactions made by your customers using debit or credit cards….
In connection with the changes made to licensing in Vanuatu. The following changes must be implemented to obtain a forex broker license / renew a forex broker license in Vanuatu: APPLICATIONS FOR FINANCIAL LICENSES FOR VANUATU All applications for a Principal License must be submitted with an application for a Representative License. It is no…
Promotional offer of the month. Until the end of June 2019, Eternity Law International offers the following services at promotional prices: Scottish LP, Ireland LP, Wales LP (apostilled stitching with a general power of attorney) + nominee service 1 000 Eur Scottish LP, Ireland LP, Wales LP (apostilled binding with a general power of attorney)…
For the latest information on this topic, we invite you to familiarize yourself with our new research on Brexit, business and law. First, a disclaimer: there is a wealth of information on the possible effects of Brexit – too extensive to be comprehensively covered in this article. So instead, we’ve outlined common concerns in several…
To date, at our request to the FKTK – Financial and Capital Market Commission, we have received the official opinion of the Latvian regulator on the activities of cryptocurrencies in Latvia: The emission and use of this type of financial instruments such as cryptocurrencies, in particular bitcoin, is not regulated in any way. Therefore neither…
Many developed countries are taking a confident course towards deoffshorization, because of the fight against tax evasion by large companies It is impossible to completely ban offshore companies. Therefore governments are actively working to identify the real owners of offshore companies. They also tighten control over financial transactions. For the implementation of the Fourth Anti-Money Laundering…
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.