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The Great Step Towards China

...mportant player on the international stage. The challenge of China market entry has become an increasingly important one for Western companies of all shapes and sizes. Despite a complicated economic climate in Europe and the United States, China’s economy has continued to grow by double-digit rates over the last couple of years deepening curiosity towards offshore company incorporation, forex li...

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China Bans Popular FX Broker Services

...isky for the stable system of **Chinese financial services**. What does this **ban** bring to the professional **brokerage services**? In China, there is a special profession as introducing brokers. They are a formal bridge between Chinese closed economy and international investors and entrepreneurs. This might become an only way to work with the Chinese financial market if the service bans wil...

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Is Accepting Bitcoin a Reasonable Choice for Banks?

...cryptocurrencies are decentralized and sometimes it is anadvantage. Bitcoin now is a great value that proves **digital currencies’ viability**. It is an economic phenomenon, which can be the biggest miracle and a challenge for all the traditional economy at the same time. Even though many **banking facilities** are suspicious about Bitcoin, the others have a proactive position on adding cry...

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One...Two...Three...Brexit! The UK Takes Gibraltar Along

...at 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. **Offshorelicense Ltd** is certain that your Gibraltar bu...

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Bermuda Warns: Virtual Currency Shall Not Pass

...irst of all, cryptocurrencies are used for obtaining tokens. Investors purchase tokens on the Internet and initial coin offering tend to be global and anonymous. As a result, governmental authorities think of ICO as of a threat for a stable, classic economy. Nevertheless, The Bermuda Monetary Authority, does not plan to ban cryptocurrencies in the nearest future. They suppose that bringing virt...

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The New Transparent Taxes in Latin America and the Caribbean

... money laundering and tax evasion, is a paramount for the governments. During the seminar that was dedicated to the anniversary, ECLAC representative stated that the **new transparency policy** is a way to develop and strengthen democracy and public economy. What are the **main functions of ECLAC**? First of all, this UN commission is created specifically for the Latin America and the Caribbea...

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Repeal of the Bermuda Tax Reform as the General Service Tax got Denied

...ction. This means that **2018\19 plans are very challenging for the Bermuda government**. They will have to deal with potential economical threats, like the US lowering corporate taxes, as well as implementing new rules and bringing jurisdiction’s economy to a higher grade. Wondering where to relocate your business or how to start a new one? **Offsorelicense Ltd** consultants are ready to hel...

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International Monetary Fund Demands Tax Reform from Hong Kong

**Hong Kong economy is one of the most attractive among the international entrepreneurs**. This is why the International Monetary Fund issued tax reform recommendations for this jurisdiction lately. For Hong Kong economy to stay competitive and flexible at the same time, it is vital to **rework tax structure** and change the approach. Nowadays, Hong Kong government receives the most revenue ...

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Seychelles - Mauritius Potential Financial Services Partnership

...oming partners. The current plans include working in financial sector to develop international business potential of both countries. Presently, **Mauritius is a popular African territory for starting international business**. It is a competitive economy according to different factors. One of them is Mauritius double tax treaties with developed countries like Germany, United Arab Emirates, the ...

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Gaming Bill in Malta. One Gaming Law for All

Maltese Parliamentary Secretary for Financial Services, Digital economy, and Innovation, Silvio Schembri made an announcement that was of utmost importance for companies and individuals who participate in the **gaming industry of Malta**. Nowadays the regulatory situation of this industry is as follows: different laws, contradictory documents, guidelines and directives. What will change? The Par...

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To fight or not to fight for your rights

... poverty is a major reason why a lot of people have limited to no access to medical care and education. The approach to solving this issue should be extremely flexible. **Removing financial secrecy through public registers can heavily affect the economy of the Overseas Territories** and generally affect the standard of living of their residents. Having analyzed the situation, the public co...

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Why cryptocurrency is the future of electronic cash systems

In this article, we’ll look at why cryptocurrency is the future of electronic cash systems. Why it should become the most widely-used type of payment–and how this could impact the future of the global economy. We’ll also discuss why the Bitcoin dip and other market factors present both challenges and opportunities. **Consumer Benefits of Cryptocurrency** Since the beginning of the 21...

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5 Signs of Booming Blockchain Innovation in Australia

...to becoming a world leader in the blockchain space. Here are at least five signs of blockchain innovation in Australia right now. ***1. Australia Is a World Innovation Center*** You might not know it, but Australia is actually the 11th largest economy in the world. And it’s one that’s in a state of transition–fast. With an economy traditionally based on manufacturing, the government’...

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