In October 2016 came into effect revised Four laws in China that were promulgated and amended by National People’s Congress (NPC)to attract and encourage inbound foreign investments. Year by year, China keeps opening-up to the outside world and OFFSHORELICENSE keeps track of global trends observing the substantial moves of this important player on the international stage. This time to attract...
Path: Blog...r, in order to assure the stability of your business. Our turn-key business solutions also include accounting, audit and other financial services that may be required for client to sustain the business and stay compliant with local and international laws. Year by year, China keeps opening-up to the outside world and Offshorelicense Ltd keeps track of global trends observing the substantial move...
Path: Blog... electronic cash systems to be crypto. There’s also the possibility that all cryptocurrency prices will become stable over time as the market continues to mature. **Security** While fiat payment processors and businesses often have security flaws that lead to the loss of user funds and other issues, these incidents aren’t highlighted as much as large-scale cryptocurrency hacks. As we ...
Path: Blog... public authorities of Malta have a positive attitude towards the blockchain technology. **Malta government authorities intend to establish Malta as 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 ...
Path: BlogRecently, **three new securities policies were announced** by the Securities Commission of Bahamas (SCB) which will affect different aspects of securities laws. The following documents were published on the Commission official website: (i) **Due Diligence Refresher Policy**; (ii) **Reclassification and Downgrade of an Unrestricted Investment Fund Administrator License**; (iii) **Regulatory C...
Path: Blog...onomy, 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 Parliament promises to adopt the **Gaming Bill** – a newly developed...
Path: Blog...times it is a good idea to use advantages of different jurisdictions for your business.Before moving to a foreign jurisdiction, it is important to analyze its legislation.The most significant aspects for you to acknowledge are taxation and corporate laws. In addition, think about establishing an office and creating a stable customer care system. If you do not feel sure and comfortable doing it ...
Path: BlogUsing **virtual currencies** is now a common practice between business representatives. Breadth of choice in the field of financial instruments makes regulators think of more and more universal types of acts and laws. Many international documents also have requirements for the counter-financing of terrorism and anti-money laundering policies. This puts financial regulators in the position where...
Path: Blog...rorism, tax offences, and other financial crimes together with the international authorities. **Saint Vincent and the Grenadines is out of any sanction lists and its legislation complies with major international acts on financial crimes**. The US laws are considered to be the strictest in matters of transferring and storing money overseas, therefore the information in the media seems to be inco...
Path: Blog...e an offshore jurisdiction because they do not know what to consider first when moving. We chose 6 things that will help our customers decide whether they need to do business offshore. 1. Legislation and legal opportunities. Business regulation laws in domestic country sometimes are strict and oppressive for business. This means that there is a need for company founders to choose most advanta...
Path: Blog...tioning.* When you form or relocate your business to another country you can achieve a couple of very crucial goals. Sometimes legal or taxation climate in your country is not opportune for business matters. This does not mean you have to break the laws or do anything illegal. The main reason to move your business is to keep balance between your own profit and the others’. Also, having a foreig...
Path: Blog...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 worldwide-known offshore jurisdictions became popular: Cyprus, Switzerland, the UAE and other. Considering this poin...
Path: Blog... 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 company offshore. This can keep your assets safe and also help increase your income. Conf...
Path: Blog...hoosing Vanuatu as your offshore jurisdiction are mostly about simplicity and favorable climate for business. For example, all international businesses in Vanuatu are regulated by only two legislation acts, both from 1900th. Main advantages of these laws are confidentiality and support of international business initiatives. They make Vanuatu one of the most favorable offshore jurisdiction nowadays...
Path: Blog...s, perform management duties by themselves or appoint special workers, operate inside or outside the UK. All these features allow them to scale business in any ways they want. Main partnership members are also individually protected from the massive lawsuits that may arise regarding their business activity. This is why you, as an entrepreneur, should think about setting up your Limited Liability P...
Path: Blog...inimize taxes with a simple scheme. Limited partner in a Scotland company is subject to law profits and the general partner receives most gains. The secret is that general partner is a foreign person 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 advantag...
Path: Blog...ibbean Dollar to USD hasn’t changed since 1976. What are the other arguments in favor of setting up a company in St. Vincent and the Grenadines? Except of political and currency stability there are a couple more arguments. Package of financial laws that regulate St. Vincent company formation were enacted in 1990s and business in this country operates according to them. This law package is ai...
Path: Blog...s’ meetings can be held all over the world but marketing office is limited to allowed cities. It is important to check the list before renting a suitable office. Good news is that when establishing company in Malaysia you can enjoy confidentiality laws that grant your information safety from public access. One more thing you need to consider when you establish company in Malaysia is that you ...
Path: Blog... you in figuring out available options for you. It is possible for a case to be dismissed or resolved even without taking it to court. These options can save your business significant amount of time and money. **Check your insurance coverage.** A lawsuit entails court fees, legal fees, and costs for investigation; and this can be financially draining for a business. Your insurance company may p...
Path: Blog