Why business choose England?

As of today, England is one of the most economically attractive countries in the world. A company that is open on the territory of a given state inspires confidence and interest in cooperation among partners, which has the most positive effect on its promotion and profitability.

At the same time, the process of registering a company under British jurisdiction has a number of some nuances and aspects - it is on them that not only the overall success of the event depends, but also the time frame that will be required for its implementation.

Комиссия рынка финансов и капитала Латвии (КРФК) в минувшую пятницу оштрафовала SEB Bank на 1 793 824 евро за нарушения в области борьбы с легализацией преступно нажитых средств и недостатками в контроле за исполнением международных санкций. К примеру, в банке был обнаружен...

At the end of July 2018, a draft law on the registration of foreign companies was published in the UK (hereinafter - the Law). The purpose of this Law is to maintain a register of foreign companies since 2021 that own real estate in the UK. This Law is a “continuation” of the legislation on “persons with significant control”, which was introduced for UK companies in 2016. New requirements for foreign companies are aimed at combating the use of property located in the UK, for the...

In September 2017, a significant event for financial institutions around the world took place - the first automatic exchange of information for tax purposes in accordance with the CRS (Common Reporting Standard). The source of information exchange were banks, as well as other financial institutions (pension funds, investment and insurance companies, etc.). The second large group of countries is also joining the process of automatic information exchange in 2018. CRS provides for an annual...

Back in the first quarter of 2018, namely on February 19, 2018, a draft of advisory document was published on the official website of the Organization for Economic Cooperation and Development (OECD), which called on all interested parties to join the discussion on the OECD strategy for combating the loopholes on using the Common Reporting Standard (CRS, Single standard of tax information exchange) in the “citizenship by the investment” (CBI - granting citizenship in exchange for...