Tag: Bank account
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More ↗: Only the Legal Will Survive: New Rules in the US and EU Put Digital Payment Projects Under PressureOnly the Legal Will Survive: New Rules in the US and EU Put Digital Payment Projects Under Pressure
New regulations in the US and EU are reshaping digital payments. The US SEC has clarified which digital payment tokens may be exempt from financial…
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More ↗: EU Insurers May Be Required to Hold 100% Capital Against Crypto Holdings. What Does This Mean for MiCA and the Industry?EU Insurers May Be Required to Hold 100% Capital Against Crypto Holdings. What Does This Mean for MiCA and the Industry?
The EIOPA’s new proposal mandates EU insurers to hold 100% capital reserves against crypto investments, addressing the extreme volatility of digital assets. This regulation exceeds…
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More ↗: UK Increases Interest Rates on Overdue Taxes: Time for Businesses to Act ProactivelyUK Increases Interest Rates on Overdue Taxes: Time for Businesses to Act Proactively
Beginning April 6, 2025, the UK will raise interest rates on overdue taxes, with late payments increasing from 2.5% to 4%. Businesses must reassess tax…
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More ↗: Time to Act in Bulgaria: New Tax Thresholds and the Opportunity to Obtain a MiCA LicenseTime to Act in Bulgaria: New Tax Thresholds and the Opportunity to Obtain a MiCA License
Bulgaria’s Parliament has reduced the VAT registration threshold from BGN 166,000 to BGN 100,000 starting April 1, 2025. This change aims to optimize the tax…
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More ↗: Late Company Renewal Abroad: How One Missed Deadline Can Destroy Your BusinessLate Company Renewal Abroad: How One Missed Deadline Can Destroy Your Business
Failure to renew a foreign company can lead to severe consequences, including dissolution, fines, loss of good standing, and frozen bank accounts. Company renewal is…
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More ↗: Best EU Countries for Doing Business in 2025: Where to Establish a Company?Best EU Countries for Doing Business in 2025: Where to Establish a Company?
In 2025, Europe remains attractive for business due to stable economies, low-tax jurisdictions, and access to diverse markets. Key countries like Estonia, the Netherlands, Cyprus,…
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More ↗: Estonia Abolishes 2% Security Tax for Businesses: What It Means for Companies?Estonia Abolishes 2% Security Tax for Businesses: What It Means for Companies?
Estonia has abolished a planned 2% security tax, reinforcing its appeal for businesses and investors by reducing their tax burden. Known for favorable corporate taxation,…
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More ↗: The U.S. Takes a Step Closer to Creating a Cryptocurrency Reserve: Senator Cynthia Lummis Introduces an Updated Bitcoin ActThe U.S. Takes a Step Closer to Creating a Cryptocurrency Reserve: Senator Cynthia Lummis Introduces an Updated Bitcoin Act
U.S. Senator Cynthia Lummis has introduced an updated Bitcoin Act, aiming to create a government cryptocurrency reserve by acquiring over 1 million bitcoins. The legislation…
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More ↗: How to Build a Business That Runs Like Clockwork?How to Build a Business That Runs Like Clockwork?
A successful business operates as a cohesive system, requiring careful consideration of jurisdiction, licensing, and financial structure. Key mistakes arise from mismatched company structure, lack…
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More ↗: Spanish Bank BBVA Launches Bitcoin and Ethereum Trading Services in SpainSpanish Bank BBVA Launches Bitcoin and Ethereum Trading Services in Spain
BBVA, one of Spain’s largest banks, has launched Bitcoin and Ethereum trading services, allowing clients to manage digital assets through its mobile app. This move…
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