When considering setting up a business in Europe, the Czech Republic is an attractive destination due to its strong economy, favorable tax regime, and central location. Among the various business entities available in the Czech Republic, the limited liability company...
KNOWLEDGE CENTER
Open your personal bank account in Switzerland
The Swiss banking system is renowned for its unparalleled reputation in terms of security, confidentiality, and efficiency. And when it comes to personal banking, the Swiss banking system is often considered a top choice. Swiss banks have become synonymous with high...
Understanding the Luxembourg Special Limited Partnership (SCSp or société en commandite spéciale)
The Luxembourg Special Limited Partnership ("société en commandite spéciale in French" or SCSp) is a type of investment vehicle designed for individuals or institutions who want to launch their investment funds in Luxembourg to lead a specific business or project...
Understanding the Luxembourg SPF (société de gestion de patrimoine familial)
An SPF stands for "Société de gestion de Patrimoine Familial" (SPF) is a type of private wealth management company in Luxembourg. It is a popular vehicle for managing and preserving wealth and assets, providing individuals and families with a range of investment and...
Your Luxembourg SOPARFI: Holding and Finance Company for investments and asset protection
Luxembourg SOPARFI (SOciété de PARticipations FInancières) is a popular vehicle for holding and financing activities within Luxembourg. Founded by the Luxembourg law of 10 August 1915 on commercial companies, as amended, SOPARFI is a type of holding and finance...
SKS Capital Invests $5 Million in South Korea’s Leading Beauty Aggregator Grace
Leading venture capital and private equity firm SKS Capital has announced its strategic investment of $5 million in Grace, South Korea's largest aggregator of international health and beauty brands. The investment will be used to expand Grace's business operations and...
Canada’s Largest Telecom Deal Receives Approval from Regulators
The largest telecom deal in Canadian history has received approval from regulators, paving the way for two major companies to merge. Rogers Communications Inc. has acquired Shaw Communications Inc. for $20 billion, in a move that will reshape the telecom industry in...
SpaceX Competitor Successfully Launches Satellites to Provide Internet Access
Rocket Lab, a space technology company and a competitor to Elon Musk's SpaceX, has successfully launched seven small satellites into orbit to provide internet access to remote areas. The mission, dubbed "They Go Up So Fast," took place at the company's launch facility...
US Economy Creates 311,000 new jobs, according to Bureau of Labor Statistics
The US economy has created 311,000 new jobs, according to a recent report by the American Bureau of Labor Statistics (BLS). The report also indicated that the unemployment rate has fallen to 3.9 percent, the lowest it has been since before the COVID-19 pandemic began....
Art Basel Hong Kong 2023: A Resounding Success Despite Uncertainty
Art Basel Hong Kong (ABHK) 2023 recently concluded after four days of exhibitions, talks, and events. Despite uncertainty and challenges brought by the pandemic, the show was a resounding success, with strong sales and attendance from art collectors, dealers, and...