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The Advantages Of Setting Up A Saint Lucia Company
Saint Lucia, a small island nation in the Caribbean, has become an increasingly attractive destination for high-net-worth individuals seeking to conduct international business with minimal tax exposure. The country offers favorable tax incentives and a business-friendly legal environment. Although Saint Lucia has recently joined the OECD’s initiatives on transparency, authorities from other jurisdictions do not...
The Steps to obtain Hong Kong VASP License
Hong Kong Virtual Asset Service Providers (VASPs) are businesses that offer services related to virtual assets, such as buying, selling, storing, and transferring cryptocurrencies or digital tokens. According to a survey by the Hong Kong Blockchain Association, the number of Hong Kong residents owning cryptocurrencies increased by 75% in 2020, with Bitcoin being the most...
MICA Definitions (eu) Of The European Parliament and Of The Council
For the purposes of this Regulation, the following definitions apply:(1) ‘distributed ledger technology’ or ‘DLT’ means a technology that enables the operation and use of distributed ledgers;(2) ‘distributed ledger’ means an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus...
MiCA regulations in the Czech Republic
The central goal of the MiCA Regulation is to create uniform rules for crypto assets and related services throughout the EU, which should help increase transparency, security, and reliability of financial transactions in this area. The regulation is focused on protecting investors and consumers, preventing money laundering and terrorist financing, and ensuring the stability and...
The Advantages of Setting Up a BVI Company
A small island state situated in the Caribbean, BVI has established a strong global reputation which employs internationally recognized and approved tax and transparency standards. BVI was added to the Organisation for Economic Co-operation and Development (OECD) “white list” of countries after complying with various OECD guidelines. BVI is a leading jurisdiction choice for doing...