When **moving your business overseas**, it is very important to consider local rules, technical requirements and work facilities. For business in China, these features also include choosing a **payment system** suitable exactly for you. AliPay, WeChatPay and UnionPay are the biggest and the most popular payment solutions for the Chinese companies. Their technical features and scope of work a...
Path: Blog...n major jurisdictions and legal assistance during all stages of your business. Our goal is to make any business as sustainable and manageable as possible, hence, our establishment services, followed by professional assistance with **bank account and payment Service Provider (PSP) account opening**, are set-up upon your request. What is more, Offshorelicense Ltd supremacy is positioned on **Busi...
Path: Blog...or operating such services in the future. This spring, the government indicated that in order to operate, the financial services firm owners will have to be connected to Chinese market directly. For example, you will need a connection to the Chinese payment facilities, a physical office and a website hosted on Chinese servers and to follow other requirements, which are not yet officially indicated...
Path: Blog...D ($500,000 US) to “blockchain research,” and how to use it to deliver more reliable and secure government services. Part of the money will also go towards funding a Digital Transformation Agency (DTA) to evaluate using blockchain for government payments. The goal is to understand how blockchain innovation in Australia can help improve efficiencies and modernize the country’s economy. The...
Path: Blog...ns,and feasibility as an investment instrument. Its familiarity has bred numerous investors in the market. Their rising number has now been converted to the increased value of crypto coins and the addition of shops that credit virtual currency as payment. ***Top Cryptocurrencies*** Websites such as CoinMarketCap track cryptocurrencies that are hitting the market and show their current val...
Path: BlogIn 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...
Path: Blog...ftware provider will work for your business. What has to be considered about your future contractor? • Meeting all your requirements and knowing what you, as a customer, need is a must; • Software company should provide you with a built-in payment module; • Insurance and service support for post-purchase administration of the game process; • Withdrawal of funds. Also, do not...
Path: Blog...ocuments have to be reviewed? Most often they include licenses, permits and intellectual property documents. Moreover, paying taxes is also a periodic process you need to control. Having a real physical office is useful for controlling all periodic payments and document renewals. Nevertheless, it is crucial to constantly monitor business state. To finalize, a proper incorporation of the company ...
Path: Blog...entioned changes, a three-month tax amnesty has already started. What is this and what is it for? The main idea is to let taxpayers, having any debt, to repay it within the three months. Before 15th May 2018, there is a possibility to negotiate your payment debts with tax authorities and to take-off your hand from the urge to pay penalties. After the three-month term ends, the Inland Revenue De...
Path: Blog...and financing 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 ...
Path: Blog....com/storage/app/uploads/public/5ab/8cf/811/5ab8cf8110ed8117708820.png)](http://www.offshorelicense.com/licensing/labuan-money-broking-license){._blank.w575} **Setting Up Has Never Been Easier.** No bureaucracy, no paperwork, no unbearable payments. This is how incorporating a company sounds in the offshore jurisdictions. Policies of the most offshore territories are simplifying this pro...
Path: Blog...med our readers about the implementation of a general service tax, however, it is dismissed from now on. The 2018\19 pre-budget report declares **tax amnesty** in controversy to the old plans. This amnesty will consist of a cancellation of late-payment penalties for business. Companies, whose business is regular, will be able to avoid such penalties. In reference to the previously promised...
Path: Blog... idea of Chinese tax exemption is the **reduction of the corporate tax** to 15%. It works in 21 different cities and, as was mentioned above, is preferential only for high-tech firms. The news is that this regime will work for all 2017 corporate tax payments for Mainland companies whose income from the technological services contains more than a half. It is also required to have degree-educated pe...
Path: Blog...gistration but also it requires full operation process from entrepreneur. Malaysia offshore company and its managers are allowed to employ not only foreigners but also Malaysia residents. Moreover, you have privileges to lower your social package payments and deal directly with employees unlike native employers. Domestic business company in Malaysia is required to follow a lot of unnecessary ru...
Path: Blog...the company. They indicate that moving subsidiaries did not affect their tax burden in any way and Apple remains one of the world’s largest taxpayers. Corporate income tax, property tax, payroll tax, sales tax and other types of fees – all these payments are still processed by the company and they support every country where affiliated companies are established. They declare that moving to Jer...
Path: Blog...l for our clients and partners. On the new website you will be able to choose from all banking and company services we provide and instantly make an order. We are changing and adjusting to make the order process easier. For example, the ordering and payment procedure on the Offshorelicense website is safe and secure. At the same time, our specialists are always ready to explain any matters and hel...
Path: Blog...ion jurisdiction or country where manufacturing expenses are the lowest. Delaware state, for example, is known as the best location for IT-business, Eastern Europe - for agricultural and so on. Depending on business perspectives and goals, necessary payments can be reduced in chosen country and, as a result, business will bear only necessary expenses. 3. Banking facilities and reliability. Whe...
Path: Blog...l taxation advantages for their business. For example, except for corporate income tax of 12,5% you will be able to avoid capital gains taxes on the disposal of securities, use double tax treaties for your company and also reduce to 0% (zero) tax on payments to international shareholders. These tax benefits are one more good reason to locate your investment company in Cyprus. There are more rea...
Path: Blog...ions and his personal assets will be used to cover required debts. • Capital investments Limited financing is a common thing for startup businesses. Least expensive company structure is sole proprietorship. It does not require additional tax payments, lawyer fees to draft formation documents and, at the same time, is easy to establish. Sometimes it is a reasonable decision: to start from s...
Path: Blog*Most of today's employees or businesses are looking forward to work internationally. When a person receives an international payment a question on how to pay income taxes will arise.* Earnings shall be displayed in the US tax return, and we would like to draw your attention to some points of income reporting. We will focus on two most common situations: when you earn money abroad while being...
Path: Blog...sonable to move to a cheaper office or partially switching to remote work. Loyal employees will also help you handle this difficult times. 4. Cutting expenses is a good idea but you should always remember to pay your debts and avoid preferential payments. Even if you are ready to initiate the bankruptcy process, it is better to pay off all the debts before submitting the papers. Redistributing...
Path: Blog...ss in the EU, you should be acquainted with “Transfer Pricing Guidelines for Multinational Enterprises and Tax Administration”. Legal asset protection is important but it is not panacea. Reliable banking facility without hidden obligations or payments is a big part of successful business. There are internationally reputed banks, like Bank of Cyprus, Piraeus Bank, America Bank, Pacific Priva...
Path: Blog...ails you will be able to open the account. In addition to opening a business account in SVG you will be able to use another services as well. Investment trading is available for offshore companies as well as transfer services, setting up a corporate payment system, using trust solutions and other possibilities. Our next step is tax policy of SVG jurisdiction. Basically, this country supports t...
Path: Blog... отвечает за лицензирование организаций, предоставляющих платежные услуги в соответствии с законом О платежных системах 2012 года и the payment Instruments (Oversight) Regulations 2017, а также за регулирование и надзор за платежными инстру...
Path: Licensing