We set up, in collaboration with the law firm in the state where the new bank has its registered office, financial services companies which are approved for providing banking services. As a rule, a feasibility study is first of all prepared in order to find out which country comes into question with regard to the registered office (e.g. UK, Germany, Liechtenstein, Switzerland, the Cayman Islands, New Zealand etc.).

General Information with regard to Bank Licensing Our firm incorporates banks and financial services institutes in the EEC (Germany, Switzerland and Liechtenstein), USA and Offshore (Cayman Islands, Belize and St. Vincent):

The profit tax in Cyprus amounts to only 10%, irrespective of the amount of profits. Distributions of profits are not taxed.

Often we are asked by clients, if there are other jurisdictions than Isle of Man, Gibraltar, United Kingdom or Malta to access the international gambling business. Let's have a closer look on these jurisdictions.