By Caitlyn Buchanan, 23rd August 2022 The European Union (Preventive Restructuring) Regulations 2022 recently came into effect with the intention of reducing barriers to cross-border investment and reducing the cost of insolvency while supporting efforts to reduce non-performing loans. EU member states were given until the 17th of July 2022 to transpose the Directive (EU) Read more…

By Shannon Power, 21st July 2022 The Hungarian government recently submitted new proposed changes to the Itemised Tax for Small Businesses law, also known as KATA for short in Hungarian. The changes to the KATA tax system will take effect on 1st September 2022. KATA is a flat-tax system where small Hungarian businesses pay a Read more…

By Shannon Power, 26th May 2022 Crypto regulation in France took a big step in early May 2022 when crypto giant, Binance, was granted Digital Asset Service Provider (DASP) registration. The registration allows Binance to operate its cryptocurrency exchange in France. This establishes France as the first major European country to give regulatory approval to Read more…

By Shannon Power, 21st April 2022 The European Parliament is working on a new set of crypto tracking laws to boost the potential of crypto-assets in the EU and curb the potential threats posed by them. On the 31st March 2022, the European Parliament voted in favour of new rules that will trace and identify Read more…

By Shannon Power, 29th March 2022 The journey each entrepreneur takes to come up with a new business idea is a unique experience for every individual. A new and great idea can come from anywhere, sometimes it may take the intense analysis of market trends and consumer needs whilst others simply come from complete serendipity. Read more…

By Caitlyn Buchanan, 24.02.2022 It is known that there are many shell corporations set up in foreign countries which exist only to shield their owners from local tax liabilities. On 22nd December 2021, the European Commission presented a key initiative to fight against the misuse of EU Shell Entities for improper tax purposes. The ‘Unshell Read more…

By Shona Hastings, 26.01.2022 What is a Protected Cell Company (PCC)? A Protected Cell Company (PCC) is a corporate structure in which a single legal entity consists of a core and of separate and distinct cells. The assets and liabilities of all cells are segregated and protected from those of the other cells. The central Read more…

By Shona Hastings, 16.12.2021 What is a Holding Company? A holding company is also known as a parent company whose primary business is holding a controlling interest in the securities of a subsidiary company or companies. A holding company doesn’t typically produce goods, services, or trade itself as its main purpose is to hold assets, Read more…

By Shona Hastings, 24.11.2021 Foreign investors are increasingly looking to European countries as a gateway to access and sell in the European market. Many are turning to drop shipping as a viable option to operate an eCommerce business and increase their reach and target consumers in various parts of the world. New EU VAT rules Read more…

By Shona Hastings, 19.10.2021 Seychelles gained its independence in 1976 and is now officially known as the Republic of Seychelles. The economy in Seychelles has steadily grown over the years solidifying its reputation as a major financial hub within Africa. The Republic of Seychelles has become a popular and attractive location for offshore incorporation. Following Read more…