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One of the world’s largest cryptocurrency markets, China, has ruled that transactions of cryptocurrencies are illegal, banning all digital tokens such as Bitcoin and other major coins. According to a notice published on The People’s Bank of China’s website, it means crypto-related transactions will be considered illicit financial activities. While it may be illegal for
Establishing a company offshore has never been more popular, as many people look for ways to protect their assets in times of uncertainty. “There are numerous reasons to set up and use an offshore company, they can often provide you with access to better infrastructure and legal frameworks. However, one of the primary reasons we
The UK has long been considered one of the leading business locations in the world, so if you’re thinking about forming a company in the UK, you will be in good company, and will be well placed to take advantage of the opportunities an international business centre brings. James Turner, Director at company formation specialists,
What do you do after company formation? Once your company registration is complete, there are a few things to consider within the first few weeks of starting a business. Following company setup, Companies House will issue a Certificate of Incorporation to verify the successful registration of your new company in the UK. Upon receipt of
Taking calculated risks is part and parcel of business operations, no matter whether you’re a sole trader or a limited company. A limited company in the UK is an incorporation whose liability is, usually, limited by shares, and is the most common form of a privately held company. It’s a company structure that allows an
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