In today’s digital world, where data has become an integral part of our lives, protecting personal information and ensuring the security of financial transactions are becoming increasingly important. For this, two key regulatory standards were introduced in the European Union – the General Data Protection Regulation (GDPR) and the Payment Services Directive 2 (PSD2). In […]

The introduction of an international taxation system for large corporations was approved by more than 100 countries in 2021. The minimum rate of the single tax will be 15%, and in order for the system to start working, countries must pass the relevant laws. At the moment, the start of application of such rules is […]

KYC (Know Your Customer) is a process used by financial institutions to identify and verify the identity of their customers. As part of KYC, clients provide documents proving their identity and place of residence. This procedure allows banks and other financial institutions to verify that the client is really who he claims to be, as […]

The UK is one of the largest economies in the world, but like most countries, the UK has a tax system that includes value added tax (VAT) on goods and services. The VAT tax was introduced in the UK in 1973 and is currently one of the main sources of government revenue. UK VAT covers […]

The British jurisdiction is widely known for its stability, reliability and a long history that goes back several centuries. Companies registered in the UK usually have a high reputation and status in international business. There are several types of legal structures in the UK that can be registered depending on the objectives of the business […]

Moss VAT is the European Union VAT regime that applies to e-commerce operators that sell digital goods and services in other EU countries but do not have a permanent tax presence in those countries. Moss VAT allows such e-commerce operators to register in one EU country and fulfill their VAT obligations on sales of digital […]

he UK is one of the most attractive jurisdictions for registering companies. It offers many benefits, including a convenient legal system, a stable economic and political environment, and a high level of corporate culture and prestige. The corporate structure in the UK is based on the Companies Act, which provides flexibility and simplicity in the […]

Special Economic Zones are geographically defined areas that facilitate certain economic activities such as investment, trade and employment by providing competitive advantages and legal frameworks that are different from the base economy. The main goal of creating a free economic zone in Saudi Arabia is to attract investors from all over the world to implement […]

A legal opinion is a formal written statement provided by a lawyer or law firm, which expresses their professional assessment of a legal matter. Legal opinions can be used in a variety of contexts, including in litigation, commercial transactions, and regulatory compliance. They can provide critical guidance to clients, help to manage risk, and support […]

The term “Low risk business” has a similar meaning both internationally and nationally. It describes a business activity that is characterized by a low level of risk and does not require significant investment or specialized skills. Some types of international low risk business may include tourism, selling goods on the Internet, or consulting services. There […]