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Opening an account for an IT enterprise first of all starts with choosing the most suitable jurisdiction for this. It should be borne in mind that opening bank accounts in other states is not an easy task. In order to carry out the fight against terrorism and money laundering in modern banking organizations, a rather…

The best jurisdictions for ICO are Malta, Switzerland and Singapore. To attract investment and venture capital investments today, one of the most profitable and effective methods is ICO. For anyone who plans to implement this technology for their business or organization, they must have complete information regarding jurisdiction and other aspects for the successful implementation…

Forex brokers and their regulators are an important point in determining the status of a broker. It is very important that he has a special license, as well as information about who is implementing the process of its regulation. In the event that brokers carry out their activities without regulation, they carry a potential danger…

GDPR COMPLIANCE: REGULATIONS FOR THE EXPORT OF PERSONAL DATA FROM THE EUROPEAN UNION Compliance with GDPR is an urgent issue, since in recent years, when accessing any Internet resource, active users of the World Wide Web noted a change in privacy policy, as well as an update to this system. There has also been a…

In 2018, 2 important events took place for the world of virtual currency and digital wallets. One of them is Directive № 5 in Malta. The Government of the island of Malta adopted 3 legal acts regulating the sandbox of the blockchain. And in June, the EU Herald published the Fifth Money Laundering Directive, which…

Bank’s total asset is RM130 B, normal foreigner is 20%, in this special case, foreigner can hold 24%. Malaysian will hold 12,7%. 12.7% can be put to buyer custody until loan are pay back in 2-3 year. As single biggest shareholder of 36.7%, both can joint manage the bank. please appoint me as your notary,…

The firm has established a strong brand with a good track record. The FCA license could be upgraded to any possible level required by the buyer, assuming any potential additional compliance, operational or capital requirements are met. The firm is debt-free, litigation-free, with clean history track record (as y ou can verify in the FCA…

LITHUANIAN BANK CREATES A REGULATOR FOR BLOCKCHAIN ​​COMPANIES The Bank of Lithuania is creating a regulatory and technological platform that allows developing and testing innovative technologies. The platform is code-named LBChain, which is also known as a regulator for blockchain companies. With its help, not only local, but also international blockchain companies will be able…

BANK AGAINST “PAYMENTS”: SIMILARITIES AND DIFFERENCES OF TWO FINANCIAL SOLUTIONS In the XXI century, a significant part of the business has moved to a worldwide network. Next came the services that they needed for registration, consultations and financial transactions. Thus, the phrase that the bank is against “payment” became relevant. Banks with large capital are…

BEPS PROBLEMS FOR ENTREPRENEURS. WHAT YOU NEED TO KNOW BEPS issues for entrepreneurs are a hot topic. OECD – The Organization for Economic Co-operation and Development deals with the erosion of the tax base and the withdrawal of net profits from countries with high tax rates. BEPS – The basic strategy for tax evasion is…

Registration of a company in Canada for a non-resident, as well as opening a bank account, is a topical issue today. Since there is a trend in the world at the moment for legal and reliable reasons for living in Canada. IF YOU ARE NOT CITIZENS OF CANADA If you are not a Canadian citizen…

NEW TAX ERA IN UKRAINE: CFC RULES IN UKRAINE On January 16, 2020, the Verkhovna Rada of Ukraine voted for the adoption of draft law No. 1210, he put an end to many years of disputes over the reform of the tax legislation of Ukraine and the CFC in Ukraine. Implementation of the BEPS plan,…