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Month: February 2023

What is the PSP licence, and how do they obtain them? How to become PSP licensed or PSP/EMI?
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What is the PSP licence, and how do they obtain them? How to become PSP licensed or PSP/EMI?

by WFO Team 26.02.2329.03.23

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).

 

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Re-domicile the Company to Nevis and Saint Kitts – Is It Possible?
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Re-domicile the Company to Nevis and Saint Kitts – Is It Possible?

by WFO Team 25.02.2316.05.23

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.

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IBC Closure in Dominica: What Does It Mean for You?
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IBC Closure in Dominica: What Does It Mean for You?

by WFO Team 24.02.2316.05.23

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

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IT “Hotspots” for global incorporation
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IT “Hotspots” for global incorporation

by WFO Team 23.02.2323.05.23

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

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Why More Exporters Are Choosing Bulgaria as Their Gateway to the EU?
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Why More Exporters Are Choosing Bulgaria as Their Gateway to the EU?

by WFO Team 23.02.2323.05.23

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

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Why are IT companies moving Offshore More Than Ever Before?
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Why are IT companies moving Offshore More Than Ever Before?

by WFO Team 22.02.2322.05.23

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

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Balancing Innovation and Risk: The EU’s Approach to Regulating Crypto Assets
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Balancing Innovation and Risk: The EU’s Approach to Regulating Crypto Assets

by WFO Team 22.02.2323.05.23

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

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How To Deal With Tax-Related Matter That Involves Your Privacy
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How To Deal With Tax-Related Matter That Involves Your Privacy

by WFO Team 22.02.2323.05.23

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

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Is Bulgaria an Attractive Option for Setting up Your Crypto Company?
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Is Bulgaria an Attractive Option for Setting up Your Crypto Company?

by WFO Team 22.02.2323.05.23

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

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A Comprehensive Guide to Registering a Company in the UK!
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A Comprehensive Guide to Registering a Company in the UK!

by WFO Team 22.02.2323.05.23

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

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A Step-by-Step Guide to Registering a Company in Cyprus
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A Step-by-Step Guide to Registering a Company in Cyprus

by WFO Team 22.02.2322.05.23

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

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An in-depth view of Taxation in Bulgaria
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An in-depth view of Taxation in Bulgaria

by WFO Team 21.02.2309.03.23

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

Income ta

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  • The future of the crypto industry in Bulgaria – Digital Bulgaria 2025

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