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The most common reason explaining the need for foreign citizens to open an account with a banking institution is the acquisition of real estate in the state or the opening of business activities. Although there are a number of other reasons. How an account is opened for business in Ukraine, you will learn about all…

If you are looking for new business opportunities abroad, we recommend you considering not only countries but also their regions. For example, the Labuan region in Malaysia. Labuan is a federal territory with an independent tax and business law systems. It is situate between Malaysia, the Sultanate of Brunei and the Philippines, so you will…

Liechtenstein is a small European country, but it is known for its high standards of living among the population. It is also a good platform for business development. If you are going to move here or transfer your business in Liechtenstein, you need to open a bank account. The procedure for opening an account is…

Today, registering a company in the UK is the most suitable choice for working with international partners. Among the main benefits of the jurisdictions are following: Britain is not an offshore, so it is not included in the blacklist of other states; this country has a trustworthy reputation, which positively affects the image of the…

If you need to open a bank account abroad, but you are not sure what country to choose, pay attention to Slovakia. It is a small country, situated in Eastern Europe, and its economy is growing rapidly. The bank account will help you to travel across the country and enjoy all the tourist attractions. Also,…

Registration cost 1.350 Eur Company renewal cost 1. 200,00 Eur Directors number 1 Corporate tax 0.00 % Registered share capital 1 Mandatory reporting requirements No Local Office Requirements: No Requirement to appoint a company secretary: Optional Ready-made companies are always available for sale. Make a request. The registered capital of the company in Saint Vincent…

There is plenty of reasons to open a bank account outside his home country. That can be a desire to wide business, enter new markets or find new partners abroad. The safety and reliability of the bank are the main points in bank choosing. Other important conditions are terms and low requirements. In this article,…

Poland is a very perspective country both for traveling and providing services. So we prepared a short guide with the main information for the bank account opening. Required documents The requirements differ to the residents and foreigners. If you have Polish citizenship the procedure is fast and simple. You need to check a bank policy…

Estonia is one of the most stable countries in the European Union. For the last years the government here introduced some changes into the financial sector regulation. Among them, we should name an electronic system of interaction with the authority. Also, Estonia is situated near developed European countries and can become a launching pad for…

Cyprus is the most attractive country for business registration. It proposes low taxation, simple procedures for incorporation and subsequent business management and stability in politics and law. If you plan to form your company in Cyprus, you have to open an account in one of the local banks. It will be a profitable investment, as…

The blockchain technology goes to a new level. Recently the US Congress presented two new bills governing the price setting procedure in the cryptocurrency market. The main goal of these acts is to create competition, increase market activity and attract traders on the crypto market in the US. H.R. 922 – virtual currency consumer protection…

The world’s largest financial market is Forex, which exchanges currencies at market prices. Back in 1977, the cash flow in the Forex market was more than 5 billion, and in 2016 it was 5 trillion dollars. He replaced the established standards for the freedom of currency exchange. Additional financial flows were needed for different countries. Over time, people…