On 1 July 2025, significant changes to the Beneficial Ownership (BO) regime officially came into force in the British Virgin Islands (BVI). These changes have been introduced to align BVI legislation with the new Policy on access to the Beneficial Ownership Register and international transparency standards.
The tax system of Cyprus has always been one of the key reasons behind the jurisdiction’s popularity among international investors and entrepreneurs. Low tax rates, flexible regulations, and an extensive network of double tax treaties have long made the island an attractive hub for business structuring.
In Ukraine, the topic of controlled foreign companies (CFCs) has long ceased to be just a “scarecrow” from the Tax Code. Tax authorities are increasingly checking businessmen who conduct activities abroad. Although penalties for violating reporting rules have been postponed, in the future they may unpleasantly hit even the most stable business.
In this article, we will look at the licensing features in Anjouan, Curacao and Malta, compare the requirements for applicants and tell you which jurisdiction is right for your project - be it a startup or an existing gambling platform.