In Hong Kong, anyone intending to carry out “money services” must apply for a Hong Kong Money Service Operator (MSO) license from the Customs and Excise Department under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (“AMLO”). The Anti-Money Laundering Ordinance provides a regulatory framework for money service providers that is overseen by the Hong Kong...
Bermuda has established itself as a world-class commercial center, with a business-friendly climate, a stable and rising economy, and an unrivaled pool of talent and intellectual capital in important industries such as insurance, financial services, and, more recently, electronic commerce. Bermuda’s government collaborates extensively with the island’s foreign business community to draft legislation and regulations...
The process of starting an online business in Netherlands and providing goods and services online entails more than just building a website. Prior to keeping financial records and paying income and value-added taxes, you must first register a company with the Trade Registry of the Dutch Commercial Chamber (KvK). In order to open an online...
The Netherlands is a well-liked location for business registration since it has one of the biggest economies in the EU. The Netherlands welcomes foreign trade and investment because of its outstanding reputation in the financial services industry and its distinguished banking system. In reality, with the benefits of a favorable tax system, the Netherlands is...
In many circumstances, starting a business overseas or extending your present firm to another nation may be a highly profitable step for you. Due to several contributing and advantageous aspects such as a fairly stable economy, membership in the European Union, outstanding infrastructure, and a broad array of blooming vital industries, the Netherlands is now...
The Netherlands, commonly known as Holland, is usually considered one of the world’s most calm and liberal countries, with a nonchalant attitude towards, well, practically everything. This also extends to business; conducting business in the Netherlands is generally simple and stress-free due to the Dutch people’s openness to and acceptance of entrepreneurship. Furthermore, the country’s...
Thinking of starting a business in the Netherlands? The Netherlands government highly values foreign direct investments and has provided foreign investors with a business-friendly environment in the Netherlands. The nation lays out numerous attractive benefits to facilitate and ease the integration of international business owners into the country’s economy. Prior to starting a business in...
Barbados is recognized as an ideal location for international banking activity for a variety of reasons. For many years, multinational banking and financial institutions have been lured to Barbados because of its significant tax benefits, specific exemptions, guarantees on future taxation, high-quality professional services, and reputation as a renowned offshore banking center. Barbados offers world-class...
The Canadian fintech landscape, which includes the thriving centers of Toronto, Montreal, Calgary, and Vancouver, is still blowing up following a robust in 2021, which saw the country’s highest-ever levels of fintech investment. Canada’s importance in the global fintech ecosystem is growing, with 2021 placed to be a milestone year for fintech investment in the...
Mauritius has established and positioned itself as an international financial center (IFC) of excellence, choice, and reputation in recent years. Coupled with Mauritius’ ongoing achievements in good corporate governance including ranking 13th in the World Bank’s Ease of Doing Business list and being removed from the Council of European Union’s grey list following the implementation...
