Company formation
with bank account

On the 7th February 2013, Ryan Pinder, the Minister for Financial Services of the Bahamas, spoke at the Global Finance Summit about the development of new regulatory initiatives concerning international fiscal transparency.   The Bahamas wishes to protect its attractiveness and its reputation as a financial centre, while at the same time remaining open to [...]

On the 14th January 2013 in Hong Kong, the Professor KC Chan, Financial secretary to the Treasury for Hong Kong, and Vittorio Grill, Italian Minister for Economy and Finances, signed a double taxation convention between their two countries.   According to Professor Chan, this convention aims to clearly define the allocation of taxes between the [...]

Managed and supported by Hong Kong’s Commerce and Economic Development Bureau since 2002, the Professional Services Development Assistance Scheme (PSDAS) provides financial support for professional projects aiming to improve the competitiveness of the country’s tertiary sector as a whole.   Between 2nd January and 28th March 2013, the PSDAS is offering a new set of [...]

On 8 November 2012, Ukraine and Cyprus signed a new double taxation treaty to replace the one signed in 1982 between Cyprus and the USSR.   The new treaty aims to improve transparency, information exchange and economic relations between the two countries. Inspired by the Tax Convention on Income and OECD capital, it should enter [...]