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The videochat industry is growing rapidly. For many entrepreneurs wishing to open a business in this industry, the actual question is how and where to register such a company. Romania is the world leader in the videochat market, with a regulated videochat activity. In this article, we will analyze the main aspects of a webcam…

PSD2 directive. What is it? PSD2 – Payment Services Directive 2015/2366 is the second payment services directive to replace the first 2007/64 / EC. The Directive on payment services in the internal market was adopted on 25 November 2015 by the European Parliament and the Council. Its provisions are aimed at harmonizing relations in the…

There are many problems that can arise for accountants in practice, and for which accounting standards have not been adopted today. Cryptocurrencies are one example of such difficulties. Due to the fact that at the moment there has not been developed and adopted a common standard according to which accountants could know how to account…

On Tuesday 11 May 2021, the Cyprus National Competent Authority (NCA) CySEC, after conducting a series of advisory events and under the direction of the European Banking Authority (EBA), published Law 98 (I)/2021 regarding the capital adequacy of investment firms and new capital requirements for Cyprus Investment Firms. This law transposes the provisions of Directive…

Rare and unique opportunity! Since 2014 (7 years). Two bank accounts in: (1) Commerzbank AG, (2) Deutsche Bank. Company type: GmbH (LLC). Available for fast purchase. The company has been previously operating its activities but nowadays stays dormant with active accounts kept and maintained. Buying this EU company with history gives you the following benefits:…

The re-domiciliation of companies in the Marshall Islands is a pressing issue. You should not close your offshore company if it no longer brings you income, but, on the contrary, has become a source of additional problems. You will be able to use the company for many more years and make a profit. All you…

Family lawyer. Considering such a topic as family law, we can say that this is a rather complex branch in jurisprudence. For almost every person, the family and its traditions occupy the main place in life. True, there are often situations when good relations break down, and family members have to solve such problems as,…

If you have ever faced with question “What is CIF structure?”  you know that they have special organizational structure and features that make them different from another companies and individually described. In this article, we would like to get you acquainted with Cyprus distinctive traits. What is CIF (Cyprus Investment Firms) structure? First of all…

For many years, banking secrecy was observed in Andorra, there was no VAT with income tax, high-class professional workers worked in the banking area. In Andorra, there was a certain kind and independence in making decisions. France and Spain are located near Andorra, which is an important advantage for this state. In the last couple…

Experts from Great Britain, USA, Singapore will speak at Invest Summit On November 27, an international summit will be held at the NSC Olimpiyskiy. The main mission of Invest Summit is to combine innovative proposals and relevant solutions for like-minded people in the fields of investment, business and startups. The event will feature world-renowned experts…

Bank formation in Kazakhstan Bank formation in Kazakhstan has a two-tiered banking system.  The first tier is comprised of the National Bank of Kazakhstan (NBK), which reports to the president. The second tier includes 28 commercial banks, including one state-owned bank and 14 banks 30% or more of which are held by foreigners, 12 of…

Good news for everyone who misses live communication, ideas exchange in person, interaction with the best speakers — iForum will gather its participants in a month, on June 18, 2021. The decision to hold the conference this year was made by the Organizing Committee with a full assessment of the pandemia situation. As a result,…