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.
Category: Unkategorisiert
Reden wir über Delaware (Stand 2024): 3 Mythen, die es zu entlarven gilt
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…
Wie die EU die Britischen Jungferninseln tötete (BVI)
Since 2019 the British Virgin Islands (BVI) have adopted the Economic Substance (IST) 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…
Das britische Companies House multipliziert die Gebühren mit 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) Gesetz.
PROMINEE® ist in Russland verboten
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…
Ein Fallbeispiel: ein illegaler Trust in Belize
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:…
Ein Fallbeispiel: von Nevis zu unserem Trust
Twenty years ago, a Nevis LLC was incorporated and kept all those years until the agent became stupid/greedy/absurd. While the Nevis agent cannot be named, the limit was reached when the agent added this service: Discard all mail received, at a fee of $100 per annum This agent charges US$1,000 for a Nevis LLC incorporation,…
Ein Fallbeispiel: eine Investmentgesellschaft
Similar to a holding company: an investment company can open a brokerage account and start investing in the stock markets around the world. If you are in a country that has investment restrictions (economic patriotism), or in which the yearly management is expensive and burdensome: you can outsource and organize it into another country. The…
Ein Fallbeispiel: eine Holdinggesellschaft
The ultimate goal of an entrepreneur is to sell its own company: this often marks a lifetime achievement and the potential ability to retire with a lump-sum of cash. From an entrepreneur you can become an investor (another great next step). There is no other way than using a holding company to maximize the future…
Ein Fallbeispiel: eine gesetzliche Vorgabe
The most common use case of our services is to meet a statutory requirement for a specific legal form (this sentence seems so general, but if you want an explanation keep reading). Let’s say that you want to incorporate or create an association. The legal requirement in your country for this type of company is…
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