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Businesspersons pass the appropriate licensing process for launching organizations dealing with e-money. After passing this procedure, firms receive EMI license in Czech Republic – a European standard document; thanks to this, a firm may operate anywhere in the EU. Why is it advantageous to get E-money institution license in Czech Republic? Such a firm has…

Brazil’s common payment system – SPB – includes firms, processes and others being associated with clearing and payments mechanisms created for processing of monetary operations in foreign currency and similar assets. According to laws of state, SPB also includes payment establishments and schemes for organizing payments. As in any other jurisdiction, a PSP license in…

If your business delivering services in or from Cyprus falls under the classification of a Crypto Asset Services Provider (further named as “CASP”), in line with the interpretation of the AML/CFT Law, you are subject to compulsory registration with the Securities and Exchange Commission (“CySEC”). If you are a CASP set up in the EU…

Cyprus, nestled in the tranquil lap of the Mediterranean Sea, has progressively grown into a busy hotspot for the gambling sector, presenting an appealing blend of natural beauty and thriving commercial prospects. This island nation’s strategic position, along with its accommodating regulatory structure, has attracted gambling enterprises from all over the world. In this detailed…

Representing Eternity Law International at the IFX Expo Asia in Bangkok, Thailand was truly a rewarding experience. From September 13th to 15th, 2022, we had the privilege of engaging with our esteemed clients and partners, while also forging new connections within the industry. The IFX Expo Asia provided an exceptional platform for networking and knowledge…

The Estonian gaming market, which has a Baltic model, has a great prospect to be quite dynamic. The nation’s legalized games industry is governed by open procedures for getting gaming licenses, betting licenses and taxation policies. Read our guide on how to launch an online gambling industry in Estonia if you want to learn more…

Creating crypto organizations in offshores is not as complicated as it seems. Main advantages of obtaining such a permit as cryptocurrency offshore license is ability to pay tax at a low rate, or to exempt your company from taxation altogether. In addition, offshore offers increased levels of protection of personal information of the enterprise’s owners….

Popularity and profits of dealing with digital currency are grounded on their anonymity and decentralized mechanism of action. However, many entrepreneurs and consumers are still suspicious of crypto-currencies, since specific legislative regulative basis and rules have only just begun to be developed in relation to this segment. Governmental bodies of countries are aware of how…

Under its legal and regulative mechanism, FINMA imposed new regulatory changes for asset management and trust firms which, in line with them, are obliged to get licensed. The period for transition to new standards comes to an end in December 2022. To bring clarity, FINMA provided insight into the measures that have been undertaken against…

The establishment of an MSB in Canada requires acquiring a specific license from FINTRAC, a regulatory authority of the country regulating a Canadian financial market. In this overview, we collected the main points regarding money service businesses: authorizations, requirements, the specter of regulation, and due diligence obligations. Overview of the regulatory authority of the Canadian…

In line with the law, a legal entity operating in the NZ monetary market can pass registratiοn as a financial service provider (for short, FSP). When an institution obtains a status of a FSP in New Zealand, it is permitted to carry out such activities as: Advisory services; Deposit accepting; Brοkerage services; Portfolio management on…

Singapore is a singular fusion of West and East. The social infrastructure is influenced by a blend of American, European, and Asian cultures, making it welcoming and alluring to the global business community. Being a former British colony, it has lawful and economic systems similar to those of the US and the UK. Tax Rate…