Search


All You Need To Know About Non-Solicitation agreement

A non-solicitation agreement (or clause) is a contract (or its part) wherein an employee agrees not to solicit a company’s clients or customers, for his or her own benefit or for the benefit of a competitor, after leaving the company. Simply put, you can't use your old company contacts to help your new business. A non-solicitation agreement is one of numerous provisions that often appear in ...

Path: Blog
Gibraltar Criticizes Brexit agreement Draft

**The European Commission** released the first **post-Brexit agreement draft** and Gibraltar’s government had great expectations of this withdrawal agreement due to its position towards the Brexit. We have already informed you on this territory’s position, where 96 percent voted against leaving the European Union. At the same time, the United Kingdom promised its overseas territory any po...

Path: Blog
Business advantages of Belize offshore jurisdiction

...any exempts from capital gains, asset transfer and stamp duty taxes or having the ability to trade with local companies and individuals. If you are an owner of more than one business in different countries, it is important to check international tax agreements. There are countries that blacklisted Belize as a tax haven and just file you with double taxation for every business including Belize offs...

Path: Blog
Gibraltar Protects its Sovereignty During the Brexit Negotiations

**The UK transitional draft agreement with the EU** was published on March 19th. We have analyzed the current state of Gibraltar and prepared a short digest on the latest news. The UK Secretary of State for Exiting the European Union, David Davis, officially announced that **Gibraltar** is included in the transitional agreement. At the same time, up till 2020 EU, UK and Gibraltar claim to supp...

Path: Blog
Dubai International Financial Center is planning to launch the world's first blockchain court

...ns recently announced that they are conducting researches regarding the blockchain technology and how it can be implemented, and used to enforce court rulings and separately on the resolution and mitigation of disputes relating to blockchain-enabled agreements. In a few words, **blockchain is distributed ledger technology (also known as DLT) which allowing digital information to be distributed ...

Path: Blog
5 Signs of Booming Blockchain Innovation in Australia

...h suffered incessant DDoS attacks). Others suggest that a long-term commitment with just one provider may not be a good move. This could mean repeating the mistakes made in the dotcom boom at the turn of the century. Either way, the five-year IBM agreement is an indicator that neither the tech giant nor the Australian government believes that blockchain technology is going away any time soon. ...

Path: Blog
Compete or Not Compete

More and more companies are employing **non-disclose, non-compete, and/or non-solicitation agreements to protect their intellectual property**, their client base, and their top employees.In today’s highly competitive world such agreements are an important feature of defense for a company to maintain its profitability. In case if you are entering into a non-compete agreement, it may be necessa...

Path: Blog
Why NDA is such an important document and how it works

...t to share your confidential information with another party (i.e. your contractor, supplier and advisor). The one of the most practical way to protect your confidential information provided to another party is through the use of a Non-Disclosure agreement (NDA), which is sometimes also referred to as a “Secrecy agreement” or “NDA.” **An NDA is a legally binding contract that requir...

Path: Blog
New hype or a real irreplaceable instrument. Contracts of digital age.

...delineation of property rights, etc.) can be embedded in the hardware and software we deal with, in such a way as to make a breach of contract expensive (if desired, sometimes prohibitively so) for the breacher.” Simply put, they represent any agreement between parties that is stored on and executed by a blockchain (this is the most common conception). A blockchain is essentially a decentral...

Path: Blog
Peru has joined two major OECD Conventions

**Peru has joined the multilateral agreement**, which is designed to increase transparency and combat cross-border tax evasion. Peru has taken all of the necessary steps to become a member of the **OECD Multilateral Convention on Mutual Assistance in Tax Matters** and also the **OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions**. This is...

Path: Blog
Post-Brexit UK Markets Access for Gibraltar

... online gaming industry and financial services. What other cooperation areas have been announced between the UK and Gibraltar? First, students obtaining higher education degrees will have some fee status for both countries. There should be mutual agreements concluded on such students rights. Second, according to the current reciprocal arrangement, sick people from Gibraltar can get elective tre...

Path: Blog
Gibraltar and Hong Kong Plan to Work Together on the Fintech Sectors Development

The end of March was commemorated by the signing of the world’s **first financial Technology Cooperation agreement**. During recent years Financial technology sector has been rapidly gaining popularity all over the world, therefore, aiming to be Fintech pioneers, **Gibraltar** and **Hong Kong** were the first ones to enter into an official agreement regarding the development of this sector, th...

Path: Blog
Starting your own business in Saint Vincent and the Grenadines

...ntry supports two important concepts for offshore business: tax transparency and bank confidentiality. This means, business startups in St. Vincent and the Grenadines are able to enjoy all favors of offshore banking. Special Tax Information Exchange agreements is an international act that allows business avoid double taxation, distribute tax obligations, share all information with tax authorities ...

Path: Blog
Why Moving Your Business Offshore Sounds Reasonable

...ry.** Those, involved in the International business, often consider how to avoid double taxation. This means how not to be charged twice for the same operation in two countries. Here you can find a legal solution: territory with a double taxation agreement with your home country. **Lower Organizational and Administrative Costs.** Incorporating company, finding office, director, hiring per...

Path: Blog
One...Two...Three...Brexit! The UK Takes Gibraltar Along

... information. These facts are reassuring everyone that doing business in Gibraltar remains safe and sound. Until the end of 2020, this territory will preserve all relations with the EU along by taking part in the negotiations. All future business agreements of the UK will make sure that Gibraltar’s economy, business sector and also society will not suffer from the inadequate conditions. **...

Path: Blog
Gibraltar Goes Fintech: Next Destination - Hong Kong

...ire for this jurisdiction to move into the Fintech sector. The majority of the Albert Isola delegation were businessmen, executives, investors and even financial regulators. They performed a number of meetings and a reception to make some crucial agreements on the future deals. Gibraltar Fintech Offering is a plan that is to be implemented in the nearest future. On May 9, 2017, Gibraltar publis...

Path: Blog
How did Brexit Affect Gibraltar Jurisdiction?

...ding to the statement, **Gibraltar and the UK will not stop cooperation** in any matters and will continue the development of the effective methods for work. Currently, the governments of the two countries are discussing creation of the **double tax agreement** between them. This might open a new opportunity in business cooperation between the countries. Brexit should also have no influence on cur...

Path: Blog
How to choose a suitable company structure for your business?

... aspects. Closure procedure depends on the company structure too. Sole proprietor can easily close business by himself. Partnerships and LLCs require a special procedure, where all members should agree on dissolution procedure, terminate partnership agreement and file all needed paperwork. Corporations are more complicated: the more shareholders company has, the more people are involved in liquida...

Path: Blog
Why is Limited Liability Partnership a popular business structure?

...partners, operating premise and other. You should also check legal requirements if you want to set up a Limited Liability Partnership outside the UK. Main document that should be drafted before registering LLP is the Limited Liability Partnership agreement. It defines roles and responsibilities of both partners are defined in this agreement. Also, you can outline personal capital investments, d...

Path: Blog
How to set up a Limited Partnership in Scotland?

... who is not a taxation subject according to the UK laws. So, starting a small business in Scotland in form of Limited Partnership is a reasonable and allows you both optimize taxes and use all advantages of legal entity like owning property, signing agreements and even borrow money from banks. Let us move on to Scottish company formation procedures. Starting a limited partnership does not ev...

Path: Blog
СОГЛАШЕНИЯ И ЮРИДИЧЕСКИЕ ЗАКЛЮЧЕНИЯ

...ву, информационным технологиям, спасению бизнеса, франчайзинговым соглашениям, соглашениям об услугах, соглашениям акционеров, subscription agreements, соглашениям о продаже бизнеса, соглашениям о продаже активов, структуриров...

Path: Additional