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After reviewing the documents and interviewing key personnel, the FSCA decides whether to issue a licence. This process can take several months depending on the complexity of the application and the workload of the regulator.
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Health Insurance (HI) – 9%
In the context of the global economic landscape, Georgia stands out as one of the most attractive jurisdictions for cryptocurrency businesses due to its innovative tax policies and openness to digital assets. Understanding the specifics of cryptocurrency taxation in Georgia is crucial for entrepreneurs and investors seeking to optimise their tax liabilities and ensure compliance with local legislation.
Step 4: Waiting for the result of the test
If the application is successful and the applicant meets all requirements, the FCA issues the forex license, allowing the company to operate as a regulated entity in the UK.
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Technological and operational standards
Corporate Income Tax –
Credit and financial planning assistance: Using the data provided by AISPs, credit institutions can more accurately assess the creditworthiness of customers and offer more personalised credit products. Also, this data can be used to create more accurate financial plans and strategies.