As the global landscape for cryptocurrency continues to evolve, countries worldwide are defining their stances on digital assets. Indonesia, with its rapidly growing economy and technological advancements, has been no exception. The regulation of cryptocurrencies in country has become a focal point for both local and international investors. This article delves into the specifics of…
Commonly, legal opinion is what we consider as an experienced lawyer’s advice. It is presented in the form of a document prepared by a client’s requirement. The article will provide you with all interested details regarding the provision of legal consultation. Legal opinion: Why do we need it? Banks frequently demand LOs from risky businesses…
1. Sorts of Commercial Units, Their Homestead and General Charge issues This country offers diverse business units with distinct lawful divisions, including the SA requiring EUR 30,000 minimum capital and the SARL with EUR 12,000, managed by boards of directors. The SARL limits subsidiaries to one hundred and could not trade publicly, while the SCA…
1. Trade License Acquiring a pervasive trade licence is a pivotal step for most commercial functioning in Switzerland. This licence is mandatory that assures your commercial functioning bonds to indigenous market rules and protocols. Here’s what you should know: Submission routine: You can apply for a commercial licence to the local canton’s market branch. This…
This is a new investment opportunity – SPI license in UK for sale. Please check out the main details regarding this proposal below. SPI license in UK for sale: key considerations Small Payment Institution (SPI) in UK for sale; Company was licensed by FCA in 2018; Allowed activities (money remittance, foreign exchange); Company has 3…
Seize the opportunity to effortlessly establish your business in the UK with our ready-made company, complete with premium bank accounts at Barclays and HSBC. Key features Company for Sale in UK with Barclays & HSBC Accounts Company Details: – Incorporated: 2024 – Registered Address: England – Company Type: Private Limited Company – Nature of Business…
Are you ready to establish your business presence in the UK effortlessly? Discover our exclusive offer—a ready-made company with immediate access to Natwest, Revolut, and Wise bank accounts. Here’s what you need to know: Key features Company for Sale in UK with Established Bank Accounts – Company Details: Founded in 2024, work in non-specialised wholesale…
An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
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 40Open an offshore bank account – why do you need to open it today? Most of legal entities and individuals use internal bank accounts. In some cases, this is sufficient for making payments.
However, if you are serious about international investing and pay special attention to protecting your savings, then it is not recommended to rely solely on domestic banking systems.
In this case, it would be reasonable to open an offshore bank account. In this way, you can develop a solid strategy to protect and grow your capital.
In 2020, the stock market fell. As a rule, such a crash and fall in capital shares market means that economic instability is coming. Now, business is forced to exist in the most severe conditions of survival.
Many countries are still unable to return to their usual format of work, and there are no predictions about when this will happen.
Of course, for countries with a higher level of development, for example, for Singapore, this situation is not so crucial and is quite acceptable. However, for Ukraine things are completely different.
Ukrainian experts in the field of economics say that if the business structure does not begin to function normally at least in the 3rd quarter, then the situation will become extremely deplorable.
Based on the current conditions, many economists recommend opening an offshore bank account and doing it as soon as possible. This is how you will be able to protect your financial savings.
Moreover, you can transfer funds into currencies that are more stable in the world market, and invest them wisely.
Offshore bank accounts guarantee reliable protection of your assets, both corporate and personal. Diversification allows you to build a strategy that would minimize any risks. What do we have thanks to the ability to invest in various assets?
Diversification is the best option for protecting your business from the impending crisis and economic collapse. After all, the budget deficit in many countries is increasing every year, and the amount of debt is much higher than GDP.
In a period of economic crisis, the government is trying to find any ways of salvation. Therefore, the printing press begins to work most actively.
However, money production is not a panacea, because an uncontrolled, extremely large mass of money leads to an increase in the size of debt. When such a bubble bursts, absolutely everyone will suffer.
The last resort for filling the state treasury and covering debts is the confiscation of assets and the establishment of strict control over the funds of individuals. That is why offshore banking is a way to eliminate the risk of losing your assets and business.
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.