Universepay
welcomes you!
License obtaining
Universepay provides licensing in more than 12 countries
Choose the best jurisdiction
for you Digital Bank
| Canada | Hong Kong | |
|---|---|---|
| Regulator | Financial Transactions and Reports Analysis Center of Canada |
Anti-Money Laundering and Counter-Terrorist Financing Ordinance of Hong Kong |
| Type of license | MSB | MSO |
| Capital | No initial capital | No initial capital |
| Local personnel | At least one local director | No local director is required |
| Local office | The company should rent an office | The company should rent an office |
| Income tax | Ranges from 15% to 33% | Сhargeable to Hong Kong salaries tax at progressive rates ranging from 2% to 17% |
| Tax on dividends | Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%. | Dividend income, whether from Hong Kong or overseas, is not taxable |
| Payroll tax | Each province also has its own tax rates | Employees must contribute 5% of their salary to the Mandatory Provident Fund (MPF) |
| Services that a license allows to provide |
"Foreign exchange dealing; Money transferring; Issuing or redeeming money orders, travaller’s cheques or anything similar; Money orders or bank spending; Check cashing; Operation of ATMs; Dealing in virtual currency, namely virtual currency exchange and virtual currency transfer services." |
"Sending, or arranging for sending off, money to any place outside Hong Kong; Receiving, or arranging for receipt of, money from any place outside Hong Kong; Arranging for receipt of money in any place outside Hong Kong." |
| Average duration of license obtaining process |
2-3 months | 4-6 months |
We would like to share the full table with all 12 jurisdictions
Our Services
«We love what we do»
Legal
Сompany registration, preparation of legal documents, AML and monitoring polices, licenses obtaining
Accounting
Accounting, Audits, Escrow account
Banking
B2B, B2C/C2B, safeguard account, correspondent bank account, connecting to active and passive SEPA and SWIFT
Branding
Logo, design, social media, branding strategy, marketing
IT
Main e-bank module, IT systems, plans to manage and mitigate risks, monitoring and oversight, Demo of IT systems, website building
Additional
Expert and lawyer consultations, office rent, professional recruitment, translation services
Please fill in this form to get
Your individual proposal
Welcome our team
of lawyers
Tatjana Stasjuka
CEO & Founder
«I strongly believe that success of any business is underpinned by honesty and integrity on the part of all employees. By acting in accordance with responsibility, proffesionalism and honesty we strive to repay our clients with fair and outstanding conduct to add substantial growth to their business.»
Evita Lapina
Head of Business Development
«Choosing the right partner is the key to success. The reliability and experience of Universepay will be the key to successful cooperation. We value your choice, we strive to meet your expectations and justify your trust. We have an experienced competent team and reliable partners all over the world. We are always open to dialogue with the client in order to provide you with the best solution.»
Dmitry Zhuravlev
Head of Legal Department
«I highly evaluate precision and time scheduling to maximize the success of our clients. I usually take my time with final decisions which are well-based and double-checked. Even though I have a broad experience I also like to learn new things in order to be more competitive and effective in meeting client’s needs.»
Reg# 40203110273
Riga Latvia LV-1013
Reg# 201943772K
Singapore 068914