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6 ways to save your assets in case of business problems

...r. When you start doing something yourself, you need to keep in mind that responsibility will always follow. * We have already point out several types of company structures before. And now we would like to highlight 6 possible ways to save your assets in case of business problems. 1. Payroll taxes should be paid on time. It is an important government tax and it is strictly controlled by st...

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The Great Step Towards China

...ling license**, we offer quite a few solutions for setting up such businesses in order to enable you to **legally perform lottery, online gaming** etc. The aim of the license is for company to legally perform **high-risk business activities, protect assets, open new markets and improve business credibility**. Highly professional assistance is provided until the license is granted and after, in ...

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Business advantages of Belize offshore jurisdiction

...tion are also very close to standard.** You do not have right to do business with domestic companies: this trading is not permitted due to international business tax rules. You have to choose: use international company 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...

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Is your business being sued? Here's what you can do

...siness lawyer.** As a business owner, you must prioritize having a lawyer as a stand-by contact. You should do this as early as you start your business. * 2) **Get insurance.** A business must have liability insurance. * 3) **Protect your personal assets.** You can do this by having a trust own the business. A trust is a legal entity that can own a business, property, cash, and other assets. If ...

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A Blockchain Education Network: the new era of scholastics

...tor. The best students excel at their own pace, while exceptional minds stick out amongst the crowd. **Trust in Certification** **One of the most significant advantages of blockchain technology is its ability to prove ownership of a particular asset.** In the case of the educational system, this technology integrates into the verification of certifications and accreditation. Researchers from...

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5 Signs of Booming Blockchain Innovation in Australia

... Exchange (ASX) already been listing cryptocurrency exchanges and blockchain companies since 2014, but they’re actually migrating their entire infrastructure to blockchain by 2020. We’re not just talking about listing Bitcoin or other digital assets here. The country’s main stock exchange will embrace blockchain technology entirely. The plan is to implement a post-trade system that is blo...

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Bitcoin and Cryptocurrency Litigation

...erference from another party. The ETC is also popular among initial coin offerings (ICOs), an aid for startup crypto junkies. * ***Litecoin (LTC).*** Often considered as Bitcoin’s clone, Litecoin is at $98.07 per coin. Familiarity is one of the assets that Litecoin has to offer to its investors since it is one of the oldest cryptocurrencies in the market. Since 2011, its fast transaction spee...

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Why NDA is such an important document and how it works

The most crucial asset for an entrepreneur and his business is certainly the information it holds. In business there are numerous reasons why you may want 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-Disclos...

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

...t between parties that is stored on and executed by a blockchain (this is the most common conception). A blockchain is essentially a decentralized accounting ledger that uses a network of computers and cryptographical algorithms to track transfer of assets and secure the ledger from tampering. For usual cryptocurrency, that gives two parties, who don’t know each other, an ironclad guarantee that...

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Coinbase was approved by SEC to list security tokens

...purchase three companies: (I) Keystone Capital Corp., (II) Venovate Marketplace and (III) Digital Wealth LLC – as means of becoming a regulated platform for offering trading services in security tokens, as well as to tokenize traditional financial assets. Coinbase COO Assiff Hiriji commented: *“Ultimately, we can envision a world where we may even work with regulators to tokenize existing t...

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Investments in cryptocurrency – is one of the main topics in the UK Financial Ombudsman Service’s Annual Review

...currency as other risky investments category** and noted the excessive volatility of cryptocurrency. Many activities relating to cryptocurrencies are not regulated. Investors in “Initial coin offerings” run the risk of losing all their financial assets without any recourse to the **Financial Services Compensation Scheme** (FSCS), warned Financial Conduct Authority (FCA) in September 2017. ...

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Choosing Business Structure for a Singapore Company

...ntrary to a Public Limited Company and a Private Limited Company, this type of company is set up for non-profitable purposes. It is a public company formed based on the principle of limiting the liability to the amount that members contribute to the assets of the company. This formation is common with non-profit organizations. [![singapure-private-limited-liability-company-ltd.PNG](https://...

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Governmental digitalization in Malta

...s a center of “Blockchain industry”**, thereafter they have announced the following three draft laws: (I) the Malta Digital Innovation Authority Bill; (II) the Innovative Technology arrangements and Services Bill; and (III) the Virtual Financial asset Bill. In a few words, blockchain is allowing digital information to be distributed at a high security level, blockchain technology created th...

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New securities policies from Bahamas Regulator

...ment that addresses important issues related to the government regulation of mandatory capital. The government’s position is that companies registered to advise on securities or to manage those without holding clients’ cash and/or other possible assets, may use receivables for fees, retrocessions and commissions when calculating net regulatory capital. These changes were made due to the fact ...

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Cyber Risks Rules Compliance. New Rules in Hong Kong

...types of businesses are subjects of these changes and 2FA implementation requirements? Currently 4 types of trading activities are affected by these changes: dealing in securities, dealing in futures contracts, leveraged foreign exchange trading and asset management. **Later this summer there will be more security rules changes for trading businesses in Hong Kong**. These will include updates f...

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Abu Dhabi Sovereign Wealth Fund Entering ADGM

...financial institutions from all over the world have already joined the ADGM. Therefore, this is a very timely and forward-looking decision for development of the emirate. Currently the Abu Dhabi Investment Authority works with more than two dozen asset classes and other asset categories. While building cooperation with the ADGM, the Abu Dhabi Sovereign Wealth Fund will invest in building and de...

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Chinese Financial Services Opening Up to Foreigners

The President of the People’s Republic of China and the People's Bank of China announced their intentions to open up China’s financial markets to promote foreign competition. For now, foreign ownership is limited for banks and asset management companies. Within a few months **the foreign ownership cap will be removed**. These changes will open the market to foreign investors and banks, givin...

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How to Incorporate a Company and Why it is Beneficial

...y when you start doing your own business. First of all, this process lets you act like a separate legal entity and use all privileges of a certain jurisdiction. What benefits can incorporation bring you as a businessman? The main advantages include asset protection, asset transfer, low tax rates and many others. Registration process tends to be easy in many countries now. Follow our recommendatio...

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How to Relocate Your Business Overseas: Expert Recommendations

...s obvious - business owners are looking for as many pros as possible while going offshore. Legitimate restructuring of your company overseas is beneficial even in short extent of time. What are the main criteria that make owners relocate? Protecting assets, cutting taxes, optimizing expenses: these are only few financial reasons, but enough to start thinking of this. Also, you get anonymity while...

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The British Virgin Island Authority Declared a Warning for CRS and FATCA

...em is an online service, which allows financial institutions to file all required reports**. The US Financial Account Tax Compliance Act is a document, requiring financial institutions to provide information about the US account holders and their assets, meanwhile being important for the following internal US taxation legislation. On the contrary, the OECD's Common Reporting Standard is an inte...

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Virtual Currency Draft Bill in Gibraltar

...nd promotion of any kinds of tokens and coins which use blockchain technology will be subjected to the regulation. Consequently, new acts will contain rules about investments, secondary market activities and probably investment funds holding digital assets. Narrowing this information, legal regulation will consist of: 1. * -Information disclosure about purchasing tokens; 1. * -Measures of p...

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Switzerland Puts a Hand Over Supervising ICOs

...cing of terrorism. Many questions aroused while deciding on **token regulations**. For example, currently there are different types of tokens and approach to them is measured by their purpose. They are distinguished into the three types: payment, asset and utility. Payment tokens are the simplest and, even though they are under FINMA control too, they are mostly connected to a single project. ...

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Review of the Funds in Cayman Islands

...d growth in 2016. In general, licenses and/or registrations were issued for more than 10 and a half thousands of funds. It is less than in 2015, but only by 354. Therefore, the decrease is insignificant. However, there is an important increase in assets that are managed by funds. Its net has increased by more than USD 450 billion. For both, **registered funds** and **master funds**, increase re...

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How to choose a suitable company structure for your business?

...es LLC popular between entrepreneurs. Many different things need to be considered while choosing the best company structure for your business. OffshoreLicense Ltd helps you deal with a list of most important ones. • Personal liability and assets protection Entrepreneurs should divide personal costs from enterprise finances while starting a business. This means that the safest company...

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What needs to be included in your offshore business plan

*There is a strong motivation for business to keep money offshore. Proper planning and analyzing will help company to store their assets in a safe and reliable jurisdictions. Many companies from the Forbes TOP-100 list are using offshore plans to maximize their profit and legally keep their money.* However, it is not right to look only to big enterprises because the law is the same for smaller c...

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Move business wisely. What to consider when choosing offshore jurisdiction?

...isdiction to jurisdiction and if you need to pay more than company earns – it is not reasonable. Legal part also plays a big role in company formation. Comfortable offshore climate often depends on local regulations. Most considered branches are: asset protection legislation, confidentiality conditions, international business functioning rules, investment laws and taxes. Due to this, many world...

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Why should you invest in offshore business?

...ompanies. International income tax and individual taxes are balanced specially for this reason. Another point to consider when moving a business offshore, is safety and confidentiality of the country. Most popular jurisdictions have high level of asset protection and strong confidentiality legislation. Individuals who are afraid of lawsuits or other financial troubles can easily invest in compa...

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How to set up a Limited Partnership in Scotland?

...dence or nationality of partners but according to Scottish company formation rules. there should be at least one limited and one general partner. Limited partners are more like “passive” investors who have limited liability depending on their assets. On the other hand, general partners bear most responsibility for all company’s debts. According to these differences, it is logical to condu...

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Pros and cons of Labuan company formation

...s paid-up capital is limited to 1$ and you can also enjoy advantages of paying only 3% or fixed amount of profit tax per year. Setting up a business in Malaysia can also be profitable for investment companies as it can act without separate property, assets and wealth management. This means that doing business in Malaysia can grant your company favorable conditions for growth and development. Fi...

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Открытие банковского счета в Credit Suisse

...�сто для финансовой консультации по слияниям и приобретениям в США в 1995 и шестой для внутренних выпусков акций. Credit Suisse has been recognized by the asset Triple A Awards. В 2005 Credit Suisse оценивался как второй лучший брокер Институционным инве�...

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Открытие счета в банке Credit Suisse

...� место для финансовой консультации по слияниям и приобретениям в США в 1995 и шестой для внутренних выпусков акций. Credit Suisse has been recognized by the asset Triple A Awards. В 2005 Credit Suisse оценивался как второй лучший брокер Институционным инве�...

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Лицензия на перевод денег на островах Кука

... латинского алфавита Название компании должно заканчиваться на: Limited Названия компаний, требующие получения разрешения или лицензии: asset Management, asset Manager, Assurance, Bank, Banking, Broker (s) / Brokerage, Capital, Credit, Currency (ies), Custodian(s), Custody, Dealer(s), ...

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