Private Financial Services

Private Financial Services We create a world without borders - optimizing your business processes and making business stronger and profitable.
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We provide company registration services, asset protection, international tax planning and opening bank accounts.

🇭🇰 Hong Kong Is Attracting Family Offices with Crypto Tax IncentivesHong Kong has taken a step the market has been waiti...
02/09/2026

🇭🇰 Hong Kong Is Attracting Family Offices with Crypto Tax Incentives

Hong Kong has taken a step the market has been waiting for. In its 2026–27 Budget, the government proposed officially recognizing digital assets, alongside gold and certain commodities, as “qualifying investments” for family office tax concessions.

What does this mean in practice?
For qualifying family-owned investment structures, profits from these assets may be taxed at a preferential 0% rate, subject to the applicable conditions. Previously, the tax treatment of crypto assets for family offices was less clear; this proposal brings greater certainty.

⭐️ Important: the relevant bill was introduced to the legislature on June 24, 2026 and is still under consideration. The proposed concessions are intended to apply from the 2025/26 year of assessment, but the final conditions will depend on the legislation being enacted.

💡 For wealthy families, the key takeaway is clear: Hong Kong is deliberately building a crypto-friendly wealth management regime in Asia. Those who structure early and correctly could gain a significant advantage.

✉️ Private Financial Services experts can help establish and structure a family office in Hong Kong: DM

🇵🇦 Panama lowers beneficial ownership disclosure threshold to 10%! 🚨 This means a broader group of shareholders may now ...
27/08/2026

🇵🇦 Panama lowers beneficial ownership disclosure threshold to 10%!

🚨 This means a broader group of shareholders may now fall within reporting requirements. Banks, brokers, and trust companies in Panama must determine ultimate ownership, tax residency, and linked accounts. Transparency is key!

✉️ Let Private Financial Services experts help you structure your business in the right jurisdiction: DM

🏦 Why Ready-Made Companies Are Usually Sold Without a Bank AccountA common question from clients is: “You’re selling a r...
26/08/2026

🏦 Why Ready-Made Companies Are Usually Sold Without a Bank Account
A common question from clients is: “You’re selling a ready-made company, so why doesn’t it come with a bank account?”

A ready-made company, or shelf company, is an already incorporated legal entity that saves you time on the registration process. But a bank account “included in the package” is the exception rather than the rule. In most cases, ready-made companies are sold without an account. Here’s why.

When a company changes ownership, the bank is required to review the new beneficial owner and carry out KYC checks again. How the bank responds to a change of control depends on its internal policy: some banks update the information and keep the account open, others require a full set of documents to be submitted again, while some may close the account altogether after the transfer. So “inheriting” an existing bank account together with the company is far from guaranteed.

🔔 The bank will typically carry out:
🔵 identification of the new beneficial owner (KYC)
🔵 source of funds verification
🔵 review of the business model and planned transactions
🔵 compliance and AML checks

That is why a bank account is usually opened separately, under the new owner.

It is worth being cautious if an existing bank account is being aggressively promoted as the main selling point of a ready-made company. Sometimes it may be a workable option, but in other cases it can indicate that the checks were handled only formally. And a formal approach tends to surface sooner or later during a bank review.

For all enquiries: pfser.com/en

🇦🇪 New video: crypto business in Dubai — your step-by-step plan for 2026The UAE has firmly established itself as a globa...
25/08/2026

🇦🇪 New video: crypto business in Dubai — your step-by-step plan for 2026

The UAE has firmly established itself as a global crypto hub: transaction volume topped $56B (+33% year-on-year), and the country was removed from the FATF "grey list," cementing its clean regulatory reputation.
The new video covers the specifics, no fluff:

🔵 how to choose between VARA and ADGM
🔵 what a launch really costs: from share capital to a VARA license ($11–110K+)
🔵 registration timelines and what a crypto license requires
🔵 why professional legal support is critical here
We walk through the whole path — from company to license to bank account.

▶️ Watch:

🇸🇨 Seychelles: the classic offshore that still worksSay "offshore" and many people picture Seychelles — and for good rea...
19/08/2026

🇸🇨 Seychelles: the classic offshore that still works
Say "offshore" and many people picture Seychelles — and for good reason. It's one of the fastest, most accessible jurisdictions for an international company. But in 2026 the rules got stricter, and that's worth knowing upfront.

What a Seychelles IBC gives you:
0% tax on foreign-sourced income — a territorial system. No capital gains or inheritance tax. Remote registration, no visit needed, in 1–3 business days. Over 24 tax treaties. Privacy: the beneficial-ownership register is confidential, accessible only to compliance officers for due diligence.

What to factor in (2026 reality):
Economic substance requirements mainly apply to companies within multinational groups earning passive income. A pure trading or consulting company usually stays exempt — but even it must file an annual declaration of status. Non-compliance means fines, loss of benefits, and automatic information exchange with your home country.

Best suited for:
International trade, consulting, asset holding, wealth protection.

⚠️ Key point: banks now want to see "substance": a real website, a business plan, genuine activity. Simply "buying a company" is no longer enough. You need the right structure from day one.

📩 We'll register your Seychelles company end to end

❗️ The first MiCA penalty: a signal for the entire EU crypto marketAustria's regulator (FMA) has fined crypto platform ...
19/08/2026

❗️ The first MiCA penalty: a signal for the entire EU crypto market

Austria's regulator (FMA) has fined crypto platform Bitpanda €70,000. It's the country's first published final penalty under MiCA — and a key precedent for the whole European Union.
What's telling: the target wasn't an obscure offshore newcomer, but one of Europe's largest and fully licensed players, headquartered in Vienna.

The specifics:
🔵 the white paper was filed late (MiCA requires it at least 20 working days before publication)
🔵 marketing went out before the white paper was published, and without mandatory disclosures and contact details

⭐️ It's important to note: this isn't fraud, and no client funds were lost. Bitpanda's license is unaffected, and so are customer assets. The breaches were purely procedural — "timing and formalities."

Regulation in the EU has shifted from "getting a license" to continuous compliance supervision. It's no longer just market entry under scrutiny, but every white paper, every marketing communication, every filing deadline.
For a crypto business, that means one thing: a license isn't the finish line — it's the start. What follows is a working compliance framework that keeps you from tripping on the "small things" that cost tens of thousands of euros.

📩 We'll build and review your MiCA compliance

🌍 Ready-made companies in 5 jurisdictions are available for transferSometimes waiting for a new incorporation is simply ...
13/08/2026

🌍 Ready-made companies in 5 jurisdictions are available for transfer
Sometimes waiting for a new incorporation is simply not practical. A ready-made company allows you to move faster towards contracts, counterparties and new market operations.
Available now:
🇵🇦 Panama
🇭🇰 Hong Kong
🇨🇷 Costa Rica
🇵🇱 Poland
🇸🇮 Slovenia
💡Other jurisdictions are also available. Please check with our experts for availability.

For Poland and Slovenia, companies can be selected with or without VAT/VAT-EU registration. Availability and company age are updated regularly.
❗️ Important: a bank account is not included and is opened separately after the company transfer.
✉️ Contact Private Financial Services to find the right option for your business.

🇭🇰 Hong Kong: Foreign dividends aren't always tax-free! 🚨 Since 2023, FSIE regime changed the rules. To keep them tax-fr...
12/08/2026

🇭🇰 Hong Kong: Foreign dividends aren't always tax-free! 🚨 Since 2023, FSIE regime changed the rules.

To keep them tax-free, you need economic substance in HK or meet the participation requirement. Learn more in the cards.

Let's plan your HK holding to make FSIE work in your favour!
✉️ Free consultation in DM

🇦🇪 Business activity is recovering in DubaiAt the beginning of 2026, business activity across the region declined. The r...
10/08/2026

🇦🇪 Business activity is recovering in Dubai
At the beginning of 2026, business activity across the region declined. The reason was the conflict with Iran: the closure of the Strait of Hormuz disrupted logistics, aviation and tourism, while the UAE business activity index fell to a five-year low in June.
What happened next? Dubai’s economy quickly recovered from the downturn. According to S&P Global, the UAE Purchasing Managers’ Index (PMI) rose to 52.7 in July, its highest level in four months, while Dubai’s PMI increased to 51.7, supported by growth in new orders. The IMF expects a solid recovery in the second half of the year and has highlighted the “significant resilience” of the UAE economy.

Summer is traditionally the low season in the UAE, and it is coming to an end. For businesses, this is an important signal: a UAE company offers clear tax rules, a strong business reputation, and access to capital across the Middle East, Asia and Africa.

Why it makes sense. The standard corporate tax rate in the UAE is 9%. However, Free Zone companies may qualify for the Qualifying Free Zone Person regime: 0% on qualifying income and 9% on other taxable income. In addition, there is 0% personal income tax and profits can be freely repatriated.

Which company structure to choose. For international business, a Free Zone Company is often the most practical option: 100% foreign ownership, no local partner required, and a relatively fast setup process. For companies planning to operate directly in the UAE domestic market, a Mainland Company may be more suitable.

⚠️ Important: a Free Zone license does not automatically guarantee a 0% tax rate. The structure must be set up correctly and the qualifying conditions must be met and substantiated. This is where an experienced partner matters.

✉️ Discuss your Dubai structure with Private Financial Services in DM

🇪🇸 The Ceuta crisis. Damage to one jurisdiction highlighted the strengths of anotherThe fallout is still to be seen. One...
06/08/2026

🇪🇸 The Ceuta crisis. Damage to one jurisdiction highlighted the strengths of another

The fallout is still to be seen. One thing is clear: episodes like this hit the business climate too — pressure on the regions rises, security and insurance grow more expensive, investors price in a higher risk premium, and planning horizons shorten. Conditions for opening a business in Spain aren't at their best right now.

Against that backdrop, Hungary looks like one of the most practical entry points into the EU.

🔵 9% tax — the lowest corporate tax in the European Union since 2017.

🔵 0% withholding tax on dividends, interest, and royalties paid to foreign recipients.

🔵 Fast start — a company (Kft) is registered in 5–10 business days, remotely.

🔵 A moderately neutral stance. Even after April's change of government, the country moved neither into confrontation nor into sharp reversals — a pragmatic line and conditions that stay predictable for business.

Honestly, on the nuances: VAT is 27%, and the 9% rate only works in full with the right structure and clear tax residency.

And if you don't need the EU market, it makes more sense to look at a neutral jurisdiction. The BVI is one of the strongest options here:

🔵 0% corporate, capital gains, and withholding tax at the jurisdictional level.

🔵 A flexible Business Companies Act: holding, IP, investment, and joint-venture structures.

🔵 English common law with appeals to the Privy Council — a predictable legal environment for investors.

🔵 100% foreign ownership, remote registration, no ties to EU borders.

The logic is simple: if you need Europe, Hungary gives you the market and the reputation at the EU's lowest rate. If you don't, the BVI gives you a neutral, resilient holding. Which one fits you depends on your model.

✉️ for a consultation pfser.com

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