Profile articles

As of September 1, 2024, the Seychelles has implemented the Virtual Asset Service Providers Act, 2024 (VASP Act), regulating the activities of companies providing virtual asset services. This legislation represents a significant shift in Seychelles' approach to regulating the crypto industry, requiring companies in this space to obtain licenses for lawful operation. The Act establishes rules, criteria, and requirements for all license holders, as well as sanctions for violations.

IP Box (Intellectual Property Box) is a tax regime in Cyprus designed to stimulate innovative activities and protect intellectual property (IP) by providing tax benefits. This regime was introduced in Cyprus to attract international companies and promote the development of high-tech and innovative sectors of the economy.

Opening a bank account is one of the first and most crucial steps when establishing any business. However, for companies operating in high-risk sectors, this process can become a real challenge. Online casinos, cryptocurrency startups, pharmaceutical companies, and many other businesses face specific requirements and obstacles from financial institutions. The introduction of strict regulatory standards, increased fraud risks, and the need for stringent compliance policies — that`s all complicate the opening of a bank account.

Recently, more and more entrepreneurs prefer to conduct business online. Of course, this trend has been significantly influenced by the COVID-19 epidemic, but we have seen many examples of transitioning to remote business management even before the spread of the disease. Examples include increased efficiency and cost-effectiveness of business operations.

In the world of business today, relocation has become an integral part of companies' strategic development. This topic becomes especially relevant for Ukrainian entrepreneurs amid complex political and economic conditions. The process of relocating a business abroad requires careful analysis, strategic planning, and consideration of numerous factors.

In this article, we will focus on the methods and resources that enable effective verification of American companies, including the use of the US company registry. We will explore the tools and processes necessary for analyzing corporate activity, financial status, and other key aspects of business operations in the United States.