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The closer we get to the deadline, the more the situation feels like a rollercoaster without seatbelts: what’s happening is unclear, and the outcome could knock you off your feet. This fall and winter, the patterns in the U.S. resemble a bizarre drama: chaos, panic, and an ending no one expected. But this time, here’s what’s at stake: Is filing the BOI report no longer required? 📑 The Beneficial Ownership Information (BOI) report is a document most businesses in the U.S. were required to file by January 1, 2025, detailing individuals who own at least 25% of a company’s shares. 🏛 However, the U.S. District Court for the Eastern District of Texas recently issued a nationwide preliminary injunction halting the enforcement of the regulations, citing potential unconstitutionality. 📍 As a result, as of December 12, filing the BOI report is considered voluntary (but this is uncertain). ❗️ It’s worth noting that federal agencies are currently appealing the decision. An emergency motion to stay the preliminary injunction has been filed and is expected to be resolved by December 19. 👀 Therefore, affected companies must continue monitoring the case and be ready to submit the BOI report quickly if needed. Our CPAs prefer to play it safe and recommend filing. As for the rest, T̶r̶a̶m̶p̶ we’ll see how it unfolds.

🚀 Crypto Regulation: Lessons from MiCA and Ukraine’s Draft Law №10225 The EU is taking a leap forward with the Markets in Crypto-Assets Regulation (MiCA), set to create a unified framework for virtual asset regulation starting June 2024. 🇪🇺 Meanwhile, Ukraine, aligning with European standards, has drafted Law №10225, introducing: ✔️ Clear rules for virtual asset providers. ✔️ Recognition of NFTs (excluded under MiCA). ✔️ Mandatory white papers for transparency. With Ukraine in the global top 10 for crypto usage, this step is vital for fostering innovation and attracting investment. 💬 What’s your take on MiCA’s potential impact on global crypto markets? http://surl.li/nxlmna #CryptoRegulation #MiCA #UkraineCrypto #VirtualAssets #FinTech

🌍 Why Poland is Attracting Crypto Companies 💼 Almost half of all EU crypto companies are based in Poland! Here’s why it’s an ideal spot for Virtual Asset Service Providers (VASPs): 1. Easy Company Setup: Form a limited liability company (LLC) with a low capital of 5000 PLN (~1200 EUR). No residency required! 2. Supported Crypto Activities: From currency exchanges to account management, Poland offers a clear structure for various crypto operations. 3. VASP Requirements: Founders must have relevant experience or training, and a clean legal record. 4. Simple Registration: Just sign up on the VASP Register – no special license needed. 5. Favorable Taxes: CIT at 19%, or even 9% if income stays below 2 million EUR. 6. Upcoming MICA Regulation: Companies registered before Dec 2024 can benefit from a transition period until 2025. With favorable rules and low entry barriers, Poland is welcoming crypto entrepreneurs! 🇵🇱 #CryptoBusiness #poland available on Medium at Digilaw Ukraine http://surl.li/cgmvjr

In today’s fast-paced business landscape, seamless payment processing is key to meeting customer expectations. Payment Service Providers (PSPs) are at the forefront, revolutionizing how transactions are conducted. 💼💻 🔍Read what it takes to become a PSP with our latest article. From understanding regulations to obtaining licenses, we've got you covered. Whether you're an ambitious entrepreneur or an established business, there's never been a better time to explore the world of PSPs. 💡 http://surl.li/rogot 🚀 #Fintech #PaymentServices #Entrepreneurship #Innovation