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In a time to come for most jurisdictions the term of filing the tax return for 2020 year is very close. If one of the parties of the business chain is a representative of the Czech jurisdiction, then it may be necessary to provide a document that would confirm the tax residence of the legal…

Luxembourg is the main funding investment place on the planet after the United States with solid standing as a global asset community, and takes into account a wide range of aggregate investment vehicles, covering the entirety of the essential asset systems on the planet after the United States. The Reserved Alternative Investment Fund (RAIF) is…

If a company provides services in financial field, it must obtain a MSO – Money Service Operator license, which is issued by the Department of Customs Duties and Excise (CCE). This license required in accordance with the provisions of the Anti-Money Laundering and Terrorist Financing Ordinance, Chapter 615 of the Hong Kong Code of Laws…

To enter the Forex market, a specialist necessarily needs a Forex broker license. It is impossible to work legally without this document. Our article is devoted to an overview of the demanded jurisdictions and the rules applied there. Our main question can be formulated as follows: where is it more profitable to get a Forex…

Payment service providers or PSPs are one of the most important elements of the virtual payment transaction mechanism in general. Thanks to the existence of such companies, users can pay for goods on the Internet, accept money transfers and send funds, pay for various services, and so on. This is already firmly entrenched in our…

In this article, we are going to look into the Monetary Authority of Singapore’s regulation of the Digital Payment Token Service Providers activities. Key provisions: Legislative Basis: Payment Services Act (PSA) 2019, MAS Notice PSN02, Consultation Paper on a New Omnibus Act for the Financial Sector. Financial regulator: Monetary Authority of the Singapore (MAS). FIU:…

We would like to inform you that CIM bank has introduced Substance requirements for companies in the UK. Eternity Law International specialists have developed a special offer for clients who want to keep or open a bank account. Package price – 3 400 Euro What’s included in the price: Premises sublease agreement for 1 year…

New Zealand is an offshore zone with significant business opportunities and prospects. The jurisdiction provides many forms for incorporation of companies. Jurisdiction The creation of a new company in New Zealand is governed by applicable law, namely The Companies Act. The size of the initial capital is determined by the founders themselves. It is enough…

Nauru is the smallest autonomous republic in the world. It is an insular country outside Europe. For entrepreneurs, Nauru is of particular interest, since in this jurisdiction it is possible to register an offshore company, which means a complete absence of tax charges. Organizational forms for companies in Nauru An offshore company in Nauru is…

The Cook Islands are located in Oceania. This archipelago is in great demand among foreign capital owners, as they see it as a jurisdiction in which to register an offshore company. Business forms for firms in the Cook Islands Establishing a company in the Cook Islands is a good entrepreneurial move in terms of earning…

Australia is a state whose operating principle can be defined as offshore. In this jurisdiction, the most favorable conditions have been created for creating a business and its effective development. Foreign entrepreneurs are especially interested in the Australian coastline as this country is attractive in terms of investment. The Australian government is working hard to…

South Africa is a jurisdiction that contributes to bringing business to the international level in the shortest possible time and offers favorable conditions for optimizing the tax burden. In this country, it is profitable to conduct a business related to the export and import of goods, since there is no tax duty on capital increases,…