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Ready-made companies, seasoned companies, or aged companies refer to LLCs or partnerships that have not been active. Benefits of aged companies Saving time is one benefit of a ready-made firm. The incorporation procedure takes time, and quicker enrollment is more expensive due to greater state taxes. Changing the owner of an existing business is quicker….

Despite the fact that the citizens of Latvia have deep roots in their culture, they embrace modernization that helps them and their nation. This covers both new company endeavours and foreign investments. The start-up culture in Latvia is the most auspicious for the company. Continue reading to learn more reasons to start a business in…

A tiny country with a steady political climate and a vibrant economy, Latvia is now one of the EU’s fastest-growing nations. The nation offers a lucrative market for energy products, capital machines and equipment, medical and basic products, and IT technology and services. A member of the European Union, Latvia is positioned in the middle…

One of the most prestigious states for investment start-ups is Switzerland. In the last decade, many investors decided on establishing their professional activities here. Also, the state has obtained a status of a beneficial hub for the fund managers working here, and the majority of the facilities are formed as οffshore hedge funds in Switzerland….

MiCA, EU law of cryptocurrency market was put into consideration in the EuroParliament in March 2022, and as result, the amendment to limit PoW-based crypto assets, which would have efficiently resulted in a ban on Bitcoin, has obtained a rejection. Read on to find out what is the purpose and scope of MiCA regulation and…

A central bank digital currency or, shortly, CBDC is explained as a virtual asset that is backed and issued by central banks. As cryptocoins and stablecoins have obtained boosted engrossment from holders, monetary authorities across the globe have decided to create a substitute to physical money or risk missing out on the future of funds….

Recently, the cross-party group of UK parliamentarians (ΑPPG) made a notification that it will kickstart a new crypto asset inquiry scrutinizing the cryptocoin and virtual asset field. The statement encompassed detailed description about the initiative’s plan of action and how stakeholders can take part in the process. Overview of the crypto asset inquiry in the United Kingdom By…

Adopting the bill in the 2nd reading, the Ukrainian Parliamentarians has efficiently launched the process of legalization of the national crypto-asset market, which had previously operated outside the law due to the lack of appropriate regulative mechanisms. By recognizing cryptocoins, crypto exchanges and other VASPs are eligible to form business relationships with banking institutions. Generally,…

Aiming to merge its digital financial sector with the EU, Ukraine is expanding its blοckchain collaborations with other jurisdictions: as recently informed by authorities, Ukraine joins the European Blockchain Partnership in June 2022. A 3rd non-EU nation to obtain a membership in EBP Ukraine has now a new status of the 3rd nation outside the…

With more flexible mechanisms if compared to trusts, charitable or non-profit organizations are getting more and more approval because of their reduced costs, lenient regulative mechanisms, beneficial taxes, and strong security. Many individuals seeking for a structure to keep assets decide on trusts, and it’s particularly the case in Anglo-American legal systems. But private foundations setup,…

Considering largest enterprises in the CIS and the European space, it can be revealed that the majority of them are owned by foreign investors. Simultaneously, bulk of such organizations are located in Luxembourg, Holland, Switzerland, and also in Cyprus. This means that for certain reasons, at some stages of fulfilling commercial activities, the owners of…

Legal persons in China have special limited legal capacity. Unlike other European countries, where commercial structures have rights to perform any activity and carry out all required transactions, in China direction of work is clearly indicated in Statute and enterprise’s operational certificate. However, business establishment in China is promising and lucrative as it is a…