Important Notice: Restriction On Virtual Asset Activities In Belize
Restrictions imposed on virtual asset businesses The Financial Services Commission Act in Belize outlines the following restrictions imposed on virtual asset businesses: Restrictions on conducting virtual assets activities Section 81(1) of the Financial Services and Commission Act, Act No. 8 of 2023, establishes that individuals who are not licensed under the Act are prohibited from…
Added BVI To EU List Of Non-cooperative Jurisdictions
What other jurisdictions, besides BVI, are listed as non-cooperative jurisdictions by the EU?
BVI Virtual Asset Service Providers Act 2022 Is Now In Force
Discover the key points regarding legal framework for the registration and supervision of VASPs in the Virgin Islands.
Pre-registration Opened For UAE New Federal Corporate Tax
By aligning these requirements and procedures with international practices, the government is facilitating compliance across all sectors through a well-balanced and transparent business environment. What is Corporate Tax in the UAE? Taxes levied on corporations and businesses on their net incomes are known as Corporate Taxes, otherwise referred to as “corporate income taxes” or “business…
New License Requirement For Forex Trading And Brokerage Businesses In SVG
In response to numerous complaints and allegations of fraud against SVG-registered BCs and LLCs which are engaged in FOREX trading or brokerage, the Financial Services Authority has published a formal notice regarding a new set of requirements for such SVG-registered companies. Specifically, these companies must submit a notarized, apostilled, or certified copy of the requisite…
Tax & Register Of Overseas Entities In The UK
Overview of Register of Overseas of Entities (ROE) What is its purpose? The lack of transparency in the ownership of UK properties held by overseas vehicles such as offshore companies has long been a source of concern. The ROE regime is being implemented by the UK government to ensure that anonymous foreign owners of UK…
Important Updates On Fees And Regulations Of Belize Companies
Following the new Belize Companies Act 2022, Belize IBCs are being regarded as Belize companies. See how changes in compliance and fees affect your Belize company.
[Important] Revised Incorporation & Annual Fee of BVI Business Companies
BVI Business Companies (Amendment of Schedule 1) (No. 2) Order, 2022 announced certain changes in the fee structures applied to BVI business companies.
Three Countries Added To The List Of Non-cooperative Tax Jurisdictions
Adding three nations: Anguilla, Bahamas, Turks and Caicos Islands to the EU list of non-cooperative jurisdictions for tax purposes
[Important] Renewal Requirements & Re-registration Application Request For All Belize IBCs
Significant keynotes of renewal requirements as well as re-registration application for Belize IBCs when the Online Business Registry System (OBRS) is launched
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