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Rich people or entrepreneurs may enjoy the benefits of trusts when combined with tax preparation and corporate structure. Trusts have been established for a plethora of purposes, including asset preservation, minimizing taxation, and changing how assets are distributed after a person’s passing. Any class of asset—cash, stock, etc.—can be included in a trust, anywhere in…

A decade ago, Cyprus effected the law No. 106(i) 2012 (as revised in 2019) which addresses betting operations in the country through land-based and remote platforms. Therefore, all spοrts gaming operations are governed by the law. E-casinοs, e-pοker, and e-bingo are now legally restricted. The law establishes two categories of sports betting license: Class A, which…

The law-based mechanism for the supply of investing services has been set up by Cyprus law 87(I)/2017. As a result, derivatives using cryptocurrencies as their underlying asset are now expressly recognized as financial products and covered by the law. Such an amendment happened after the European Securities and Markets Authority (ESMA) recognized CFDs on cryptocurrencies…

From November 1st to November 4th, 2022, Lisbon, Portugal, stood as a beacon of technological advancement and visionary thinking, hosting the highly anticipated Web Summit. This global congregation of innovators, entrepreneurs, and industry leaders marked a pivotal moment in the journey towards shaping the future of technology and innovation. The event, renowned for its unparalleled…

Although crypto may still be in a bear market, this doesn’t mean people have stopped talking about it. According to BitInfoCharts, tweets mentioning Bitcoin are higher than they’ve been at any point in the cryptocurrency’s 13-year history. As a strong base of public interest in crypto remains, despite a bearish trend, and new crypto uses…

Investing in Poland is quite profitable for entrepreneurs, as it is one of the most suitable places for business development in Central Europe. From the point of view of the flexibility of the legal framework regarding emigration and tax incentives in European countries, Poland is becoming an excellent place where investors, entrepreneurs and business owners…

The main objective of the enormous industry known as asset management is to manage a client’s finances. Fundamentally, this entails the acquisition and administration of stocks, bonds, and funds. Business in this industry is a good chance for entrepreneurs that are attracted to successful projects. But, of course, any commerce requires a professional approach. In…

Different banking institutions having local or external origin operate in Armenia. The jurisdiction has created a favorable environment for the development and support of the banking sector as a whole. In particular, the state apparatus takes the strictest measures to protect the interests of monetary means holders. Opening a bank account in Armenia is possible…

Attractiveness and commercial value of this jurisdiction is due to the rapid growth of its economy, the high level of security of operations and data protection, and openness to new enterprises. Company registration in Armenia in 2023 requires mandatory compliance with all rules and laws, in return giving the opportunity to take advantage of tax…

In 2017, Gibraltar’s authority released The Distributed Ledger Technology Regulatory Framework. In this article, you can get more info about the DLT license in Gibraltar, its limitations and ideas connected with it. The Fundamental Ideas for Gibraltar’s Regulatory Framework for Distributed Ledger These ideas aim to safeguard customers as well as the economy and prestige…

Tech such as the blockchain is perhaps one of the most famous innovations today. It is a database paradigm, which ensures immutability by recording data in discrete blocks on a shared ledger and maintaining a synchronized copy of each block across all computers connected to the network. In the last year, we’ve witnessed some fascinating…

This jurisdiction is quite popular and has a reputation as a reliable commercial platform among foreign businesspersons. To register a business in Brazil is a rather laborious process in terms of accounting for and compliance with certain rules prescribed by the local regulator and set by government agencies. However, the establishment of enterprise in this…