Investment Dealer licenses issued in Mauritius
2020 has been challenging in many aspects, but hard work and perseverance eventually bring results even in challenging times. That is why we are proud to announce that we have assisted with obtaining not one but two licenses in Mauritius for our clients. The licenses, granted by the Mauritius Financial Services Commission, are entitled “Investment […]
Expansion of the Real Estate department
We are excited to announce that Porat Group’s real estate department is expanding. Porat Group offers a full range of legal and business consulting services for anyone dealing with real estate in any form, whether buying, selling, investing, planning, transactions and so on, both in Israel and worldwide. As a part of the department’s expansion, […]
First cryptocurrency regulations issued by CySEC
Until now, the European Union has not been regulating cryptocurrencies in any form, but CySEC, the Cyprus Securities and Exchange Commission, has recently issued its first cryptocurrency regulations. This is obviously of interest for those following the developments within the European Union, since Cyprus is a EU member. About the new regulations The CySEC regulations […]
Company Incorporation in the United Arab Emirates
The United Arab Emirates (or UAE for short) has long been a prime business location for many industries, partly due to it’s convenient geographical location between Asia and Europe, and partly due to the global nature of its economy, the large expat community, excellent infrastructure and it’s beneficial climate for entrepreneurs. It is also one […]
Did you incorporate an offshore company but still have trouble opening a bank account for your company or finding credit card processing solutions?
The banking and payments consultants at Porat Group often hear from clients or potential clients who have incorporated an offshore company, in the hopes of making things easier with regards to both company structuring and payment solutions, only to find that banks are not as forthcoming as they once were, or the client was hoping […]
All The Advantages of Company Incorporation in Hungary
Hungary is a central European, relatively stable member state of the European Union, having joined the EU in 2004. The country is becoming an increasingly popular option for company incorporation among clients from all over the world for a number of reasons, some of them being: Hungary has the lowest corporate tax in all of […]
The Advantages of Company Incorporation in Cyprus
Cyprus has long been a popular option for company incorporation, due to its membership in the European Union. Some might even say it is the most popular jurisdiction for this purpose in all of Europe. Instead of banking on this existing popularity and stagnating, as some other similar jurisdictions have done, the Cypriot authorities have […]
The Advantages of Company Incorporation in Estonia
Estonia is a country most people do not know much about, and no wonder, this country only has 1.3 million inhabitants so it is naturally more challenging for them to make their mark on the world than it is for countries boasting hundreds or tens of millions of citizens. Not being deterred by the size […]
6 AMLD- the End of Money laundering in the EU as we know it?
While the EU has been busy with the Covid-19 pandemic, ESMA has been busy with the implementation of 5 AMLD by each Member State in the Union, and the EU Commission has been preoccupied by Council of Europe meetings, the implementation of 6 AMLD has been drawing much nearer than anticipated. 5 AMLD has caused […]
Ever-changing Crypto Landscape- How will the new Estonian Framework impact the Estonian Crypto Exchange Market?
Recently the Estonian FIU issued new guidelines for the establishment of licensed crypto exchange platforms in Estonia. These guidelines are aimed at creating one license for crypto exchanges in Estonia, unlike the current system that offers two licenses- the E-Wallet license and Virtual Currency Exchange license. These changes have impacted existing businesses in Estonia not […]