Knowledge base

The recent shift to software-driven accounting allows businesses from the UK and mainland Europe to shift their processes to Russia & Ukraine; taking advantage of cheaper office upkeep and facilitating the cloud to share data across offices on an international level.

When it comes to trust settlement and administration, both Cyprus and the BVI have modern and efficient trust legislation that can efficiently facilitate the establishment and operation of companies and international trusts. This in combination with their respective company structures, offer efficient and comprehensive estate planning and asset protection.

A recent competency questionnaire between company directors showed a global shift towards a higher fiscal responsibility behaviours and morals and a trend to complete tax responsibilities.

How to Set-up an ICO in Singapore

Singapore is a key cryptocurrency industry player, positioning itself as a global hub for cryptocurrency and blockchain-based companies and start-ups. Singapore provides a well-regulated legal framework as well as all the benefits of a stable financial centre with a reliable reputation, excellent banking…

Are Singapore Virtual Currency Exchanges Regulated by the Futures & securities Act?

The Monetary Authority of Singapore (MAS) issued a statement clarifying that the offer or issue of digital tokens in Singapore will be regulated by the MAS, if the digital tokens fall within the definition of “securities” regulated under the security laws. MAS’s position is not to regulate virtual currencies. MAS has observed that the function of digital tokens has evolved beyond just being a virtual currency.

UAE Companies Establishing Substance in 2019

The UAE recently released their own version of CFC legislation: The Cabinet of Ministers Resolution n.31/2019 which came into effect in April earlier this year, in order to better regulate Economic Substance (ES) in the United Arab Emirates.

Have High Recent GDP Rates Lulled Cyprus Into a False Sense of Security?

The Cyprus government, for the last few years have been harping tales of steady growth and booming tourism levels; referring to the relatively high rate of growth of real GDP can be attributed to a number of factors: Declining official unemployment rates; excesses in the government accounts and the raising of large fund backing in international financial markets.

Since the report on the collapse of the Cooperative Credit System was released recently, everyone seemed to have an opinion on the matter about who was to blame for the whole debacle. The report was fairly conclusive, giving a general overview of what the public enquiry discovered.