Elpaso is a UK-based payment system (PS) that offers remote account opening for clients. Virtual IBANs and e-wallets are also available. The PS supports SEPA and SWIFT transfers. Elpaso is a licensed payment system serving citizens of more than thirty EEA countries. Account Opening The service fee for account opening through Sowana is €300. Corporate …
Opening a bank account – Elpaso payment system (England) Read More »
Bitcoin rate officially exceeded the value of $ 42 thousand. This happened on February 8 and became another historical record. Recall that in January, the record was also broken. The cost of bitcoin exceeded then $ 41 thousand. According to the cryptocurrency exchange CoinDesk, the bitcoin rate rose as high as $ 43,710.23. The rapid …
On April 6, 2021, U.S. Secretary of the Treasury Janet Yellen announced a new approach to combating offshore companies and tax evasion by entrepreneurs. It is proposed to reduce the corporate income tax for companies that operate production units in multiple countries. The United States has sent this proposal to 135 countries. If accepted, this …
The U.S. has proposed a new weapon against offshoring Read More »
Sowana Reports – On April 31, 2021,** the Federal Cabinet of Ministers adopted the draft law **”On the Defense Against Tax Havens” (Steueroasen-Abwehrgesetz). The new law will enable the German government to take further measures against tax evasion and unfair tax competition from tax havens. This legislative document includes protections for individuals and companies from …
Germany’s tightening of transparency requirements for companies Read More »
Cryptocurrency trading is becoming increasingly popular, prompting users to ask: do you need to pay taxes on cryptocurrencies, and if so, when? Generally speaking, there are three situations where tax obligations arise: when cryptocurrency is converted into fiat currency, when it is exchanged for another cryptocurrency, and when it is used to pay for goods …
Sowana explains how to pay taxes on cryptocurrency in Estonia Read More »
Sowana reports – 20.03.2021 The Russian Government has approved a document regulating the procedure for processing an application for the electronic apostille of official documents to be exported abroad. A request for an apostille on Russian official documents to be exported abroad can be submitted via the Unified Portal of State Services. The request must …
Electronic apostille will be introduced in the Russian Federation Read More »
Лицензия FIU000209
© 2012-2023 Sowana Consulting Company