A 'Gesellschaft mit beschränkter Haftung' is a limited liability company in Germany.Incorporation: 5 weeks + delivery time for the courier Minimum capital requirement: €25,000 (50% minimum to be paid up) Overview Germany is the biggest economy in the EU and one of the biggest economy in the world, it has excellent business advantages including its economic perf...
Path: CompaniesLast week Germany’s Federal Ministry of Finance (BMF), together with the Federal Ministry of Justice and Consumer Protection (BMJV), introduced a draft bill on blockchain-based digital securities. The German Finance Ministry published a statement wherein the institution will be working on a draft law with the primary goal of creating a legal framework for digital securities, including the issua...
Path: Blog...of both countries. Presently, **Mauritius is a popular African territory for starting international business**. It is a competitive economy according to different factors. One of them is Mauritius double tax treaties with developed countries like Germany, United Arab Emirates, the UK, India and many others. This makes Mauritius a prospective partner for other offshore jurisdictions. Both int...
Path: Blog... a significant proportion of revenues. In the UK, the situation is no different. A study undertaken by Deloitte estimated that around half of UK newspaper revenues came from advertisers. Another report indicated that in Scandinavian countries, or Germany, where the state provided funding for public-service journalism, news outlets were less dependent on advertising and fared better in the age o...
Path: Blog...Turkey** (29 900, over 50% acquired German citizenship), **Romania** (25 000, 32% acquired Italian citizenship), **Pakistan** (23 100, 45% acquired citizenship of the United Kingdom), Poland (22 000, 63% acquired citizenship of the United Kingdom or Germany), and **Brazil** (21 600, 74% acquired citizenship of Italy or Portugal). Most of the passports to foreigners were issued by **Italy** (146 6...
Path: BlogStarting from next year, **new regulation in Germany will require cryptocurrency companies to obtain a license issued by the Federal Financial Supervisory Authority (BaFin)**. Crypto derivatives will not fall under these regulations, but remain subject to the ESMA’s current restriction and any future proposals by the BaFin regarding the sale of these instruments to retail investors. Based on...
Path: Blog...es, were able to settle payments between all continents within 25 seconds. The New Payments Platform in Australia settled payments between Australia and China in just 18 seconds. As part of the testing, a payment coming from Singapore, processed via Germany, and credited to the end beneficiary account, achieved the speed of 41 seconds. Harry Newman, Head of Banking, at SWIFT, views the new servi...
Path: Blog...es** Since Cuban President, Miguel Diaz-Canel, has been well known for his interest towards the cryptocurrencies, the announcement made by the Central Bank of Cuba did not come as a surprise. Deutsche Welle, world-wide famous media outlet from Germany, at the very end of the last year has released a report, highlighting those start-ups in Cuba were using Bitcoin (BTC), Ethereum (ETH) and oth...
Path: Blog... of EU countries, Canada, China, Hong Kong, Singapore, Switzerland and the US. After the government decreased corporate tax in the last few years, its current rate is only 9%, which make it the lowest one in the EU. For example, corporate tax in Germany is set to be 15% and in Austria it is up to 27.5%. We are more than happy to introduce that **OFFSHORELICENSE LTD. is offering our service...
Path: BlogThe SPD, the Alliance 90/The Greens, and the FPD suggested a draft of crypto and blockchain regulatory framework. The most influential political parties in Germany made a proposal of issuing a regulatory framework for cryptocurrencies and the blockchain industry. The Social Democratic Party (SPD) published a statement on their website, which suggests strict overseeing of crypto assets by the Eu...
Path: Blog...verview The Kingdom of Netherlands, commonly called as the Netherlands but generally known as Holland is located in the western part of Europe. It is bordered by the North Sea in the north and west and its land boundary is shared with Belgium and Germany in the south and to the east respectively. The Netherlands has a free-market economy and is one of the richest nations in the world. Dutch ...
Path: Companies... paid up capital: CHF 20,000 Overview Switzerland is a small mountainous country located in central Europe. This landlocked country is about the size of New Jersey and is between France and Italy. It is also bordered by Austria, Germany, and Liechtenstein. Switzerland is highly competitive and owes its prosperity to the industrial sector with its top-level technology, the c...
Path: Companies...od standing and for their name to be retained on the register maintained by the Companies registry. Double taxation agreements concluded with: Austria, Armenia, Bulgaria, Belarus, Belgium, Canada, China, the Czech Republic, Denmark, Egypt, France, Germany, Greece, Hungary, India, Ireland, Italy, Kuwait, Kyrgyzstan, Lebanon, Malta, Mauritius, Moldova, Montenegro, Norway, Qatar, Poland, Romania, R...
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