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Bangladesh joins the Hague Apostille Convention
From 30/MAR/2025 Bangladesh will be able to issue and accept Apostilles! Bangladesh is the second largest economy in South Asia after India.
لنتحدث عن ولاية ديلاوير (اعتبارا من 2024): 3 أساطير لفضحها
The marketing about Delaware is very strong online. It is supposed to be America’s first corporate state, where all the Google and Microsoft of this world are incorporated. So when you need documents you can get them fast and online?… Wrong. Myth #1: all documents are available quickly online When you order any documents by post, you could get (at least?) a copy online: wrong… You do not get anything by email, not even an email confirmation when they are shipped. But there is worse. Myth #2: when you order documents, you get a status update by email or by ... Read more
كيف قتل الاتحاد الأوروبي جزر فيرجن البريطانية (جزر فيرجن البريطانية)
Since 2019 the British Virgin Islands (جزر فيرجن البريطانية) have adopted the Economic Substance (ES) regulations under the pressure of the European Union (EU). They apply to some specific activities (the “relevant activities”) which most people would use the BVI for (ie: holding companies). Any company or limited partnership has to show that either: it has an economic substance in the BVI (ie: local employees and/or local managers) or it is tax residence somewhere else than the BVI. It would make no sense (at least to most people) to hire local employees just for the sole purpose of creating an economic substance ... Read more
كيفية الهروب من معلومات الملكية النفعية (بوي) من شبكة مكافحة الجرائم المالية الأمريكية (شبكة إنفاذ قوانين الجرائم)?
Starting 1st January 2024: all US registered entities have to declare and identify their Beneficial Ownership to the US Financial Crimes Enforcement Network (شبكة إنفاذ قوانين الجرائم). What to declare? Any US entity shall declare and identify all Beneficial Owners over 25% (name, residential address, and passport scan should be given). Who needs to declare? Any US entity registered with any Secretary of State is required to declare, and to have an EIN, SSN/ITIN of the owner, or a foreign Tax ID for the declaration. We offer an EIN service if you do not have one. Is there any exemption? Yes, all those ... Read more
بيت الشركات في المملكة المتحدة يضاعف الرسوم بمقدار 3.5
The United Kingdom (UK) companies registrar Companies House will multiply their fees by an average of 3.5 from 1st May 2024, due to the Economic Crime and Corporate Transparency (ECCT) يمثل.
PROMINEE® محظور في روسيا
A formal email was received from the Russian Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (ROSKOMNADZOR) that our PROMINEE® website has been blocked from Russia. A reference to the decision of the Kungur City Court (Perm Territory) No. 2a-3556/2023 dated 2023-12-25 (on Christmas day?!) has been made but the decision is nowhere to be found (a VPN in Russia is needed to see the court’s website). Why? Without access to the court decision, one can only guess that it could be because PROMINEE® is attached to a company registered in the USA, which ... Read more
رواندا تنضم إلى اتفاقية لاهاي للأبوستيل
From 05/JUN/2024 Rwanda will be able to issue and accept Apostilles! Rwanda is a beacon of cleanliness in Africa.
Canada enters the Hague Apostille Convention!
After decades of backward, old fashioned and painful legalizations through embassies: Canada will finally enforce the Apostille Convention of the Hague from 11/JAN/2024!
China is now part of the Hague Apostille Convention
It is with great delight that China is now part of the Hague Apostille convention from today (07/NOV/2023). Unfortunately the Chinese Apostilles are not (yet) recognized by India and any other states not recognized by China, but this will most likely change in the (near) future.
مثال على حالة: ائتمان غير قانوني في بليز
Sometimes the most basic legal structure can be completely depraved to become something illegal. Take for example this married British couple wanting to create a Trust in Belize. They contacted a licensed local agent, and paid a hefty fee to create a Trust (7x times more expensive than PROMINEE®). During the Trust Deed drafting time: the spouses expressed their wish to be able to contribute to the Trust. The licensed local agent in Belize created a chimera: a Trust with 2x Settlors/Grantors! Not only that but they never sent out the signed Deed to their own customers. For those unaware ... Read more