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News

13th of July, 2023

All about the Canadian Money Service Business licence

The Canadian MSB (Money Service Business) licence came on the market in 2020, it grants its holders the right to engage in financial services and can only be obtained by a Canadian company. The financial sector is one of the priority areas supported by the government of this country. There are many facts in favour of choosing a Canadian Money Service Business (MSB) licence.

News

10th of July, 2023

Electronic invoices for business in Kyrgyzstan

The Resolution of the Cabinet of Ministers of the Kyrgyz Republic dated 6 April 2023 introduced new requirements regarding the use of electronic invoices. From May 2023, all entrepreneurs are required to use electronic invoices upon notification by the State Tax Service of the Kyrgyz Republic.

News

7th of July, 2023

On the benefits of communication, or What is an MSB licence?

During one of our phone conversations, our partner, the owner of a non-bank with an EMI licence, shared his plans - after Brexit he was looking to expand geographically and include cryptocurrency operations in his offer. MSB fit perfectly into the overall picture and under the other nuances of the business.

News

27th of June, 2023

New minimum tax rates for international corporations: Thailand offers a solution

The Board of Investment of Thailand (BOI) has come out with a new initiative, effective immediately, to help reduce the likely tax pressure following the introduction of the second component of the BEPS 2.0 project on existing tax incentive programmes and to maintain Thailand's attractiveness as an investment destination for companies operating in international markets.

News

16th of June, 2023

UAE: New Corporate Taxation Rules for Free Zones and Financial Reporting Requirements

Pursuant to amendments to the UAE Corporate Tax Act, persons registered in free zones and who qualify are subject to the following tax rates: 0% on qualifying income. 9% on taxable income which is not qualifying income.

News

16th of June, 2023

Central Bank Digital Currency (CBDC) of Thailand

Thailand plans to launch a pilot project to introduce the Central Bank of Thailand's (BoT) retail digital currency. Three payment providers are taking part and the project will run until August 2023, with plans to attract up to ten thousand users

News

12th of June, 2023

What is the difference between a payment system and a bank?

A payment system (also called a "neobank") and a bank are two important components of today's financial infrastructure. They play a key role in providing safe and convenient financial transactions, but they have differences. Let's take a closer look at the difference between an neobank and a bank

News

12th of June, 2023

Benefits of residence permits and citizenship in Paraguay

A few years ago, Paraguay appealed to our clients - we developed a service called "Obtaining Paraguayan Residence Permit". It is possible to apply for citizenship 3 years after obtaining a residence permit and we have already successfully completed several cases for Paraguayan citizenship