We are all about helping you inform better business decisions, this is why we have Compared 13 Jurisdictions in the EU for setting up a crypto company.
Cryptocurrency is a rapidly growing industry with a global impact, and Europ
Firms based outside of the nation in which their headquarters are located are known as offshore corporations.
In all of the well-known offshore financial centres and tax havens, forming an offshore corporation is a simple pro
The shift of retail banking consumers from traditional banking solutions to new digital banking service providers is one of the fastest-growing areas of the financial services industry. It’s important to remember th Read more
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In recent years cryptocurrencies reached unprecedented heights in terms of both popularity and value. But still, Many new players looking to enter the crypto market face significant obstacles.
While individual traders and
Bulgaria, like many other countries, is undergoing a digital transformation, and a key part of this transformation is the development and implementation of a regulatory framework for the dig
Are you tired of spending countless hours managing your finances and navigating through the complex web of traditional banking services? You’re not alone. Welcome to the fintech revolution! In this era of instant grat
Digital banking has revolutionized the way we manage our money. Unlike the conventional approach, it harnesses the power of online platforms and mobile applications to provide convenient and accessible financial services
Imagine a world where you no longer need to worry about the safety of your hard-earned money. A utopia where you’re securing not only your present but also your future, all with the touch of a button. Sounds too good to be tru
As soon as a company wants to get into the payment industry, they’ll have to decide whether or not they’ll get an Electronic Money Institution (EMI) licence or become a Payment Service Provider (PSP).
Each o Read more
Nevis is a small island located in the Caribbean Sea. It is part of the Federation operated by St Kitts and Nevis. Businesses that want to locate their company in Nevis can do so under the Nevis Business Corporation Ordinance Act.
If you’re a fan of offshore businesses, you might want to pay attention to this latest news. The Commonwealth of Dominica announced on June 8th, 2021, that it was closing its International Business Companies (IBC) regis
Whether you want to expand your IT business globally or looking to relocate, there is a wide range of factors you need to consider before moving to an offshore jurisdiction. Different countries around the globe have different r
For many exporters, the European Union is a prime target for their products and services. Among all the potential gateways to the EU, Bulgaria stands out as a highly attractive option. There are numerous reasons why more busine
As the world becomes increasingly digital and technology-driven, IT companies are choosing to move their operations offshore more and more.
This shift in strategy has been happening for a while now, but the recent pandemic h
Regulators across the European Union are not on the same page regarding how best to regulate cryptocurrencies.
With so many different approaches being taken by regulators in different countries, it is no wonder that confusio
As the world progresses, so do the rules and regulations we must abide by.
We must follow countless regulations to keep our lives in order, and one of the most important ones is taxes.
While taxes may not be the most exciting topic t
When it comes to doing crypto-based business, no country is better than Bulgaria.
Bulgaria has a long and prosperous history, and its economy is booming. The business environment is friendly. The regulatory framework is cond
Are you ready to embark on a thrilling entrepreneurial journey? The United Kingdom beckons with its vibrant business landscape and boundless opportunities.
Whether you’re a budding entrepreneur or an established co
Embarking on a new business venture can be an exhilarating journey, especially when considering the vibrant market of Cyprus. Nestled in the heart of the Mediterranean, Cyprus offers a strategic location, a favorable busine
Taxes can be complicated, but it’s one of those matters that can make or break our business decisions. in this article, we try to shed light on the complete taxation system in Bulgaria. Let’s start with some of the basics
Using tax identification numbers, several nations’ tax authorities are able to trace and monitor individual tax accounts. Although the UK does not have a tax ID number, it does utilise two numbers that are assig Read more
The E-commerce sector has grown from 21% to 35% in the last 5 years – according to The Bulgarian E-commerce Association, in 2019, more than 1,500,000 people shopped onlin
Bulgaria is a popular country for opening crypto-related companies thanks to its advanced regulations.
More than 1000 crypto companies have been incorporated in Bulgaria in the past couple of years
We have prepared this arti
If you are reading this, you are probably well aware of what MiCA is, and what are the implications on the crypto industry as a whole.
As thought leaders, we want to share our perspectives an
A company that provides a service through the Internet is known as an online service provider. Instead of including commercial communication service providers that provided Internet access and personalised services, the n Read more
Compliance with local regulations is critical for crypto companies.
Non-compliance can result in a range of significant risks that can impact a company’s operations, financial stability, and reputation.
These risk
Regardless of whether the investor is a local or foreigner, the process of registering a business in Bulgaria is the same for both. When planning to stay in the nation for an extended amount of time in order to do business, foreign Read more
Calculation procedure
All employment relationships in Bulgaria are regulated by the Labor Code, as well as other laws on legal requirements in the field of employment, such as the Law on Labor and Safe Working Conditions, the L
For quite some time, deciding how to accept payments for your small business was a simple matter: cash, cheques, or credit cards via a merchant account. However, although the digital revolution has provided c Read more
Today, more and more people are starting businesses on the internet. Entrepreneurs now have more tools at their disposal, so many are taking risks in fields like e-commerce or becoming digital nomads.
Many start-ups fail beca Read more
