Pre and post the Designated Business (Registration and Oversight) Act 2015 have proved to be very different times. The uncertainty that fresh regulation brings has been replaced by the knowledge that the Isle of Man remains at the cutting edge of crypto regulation by allowing crypto companies to operate under the gold standard regulation that the Isle of Man crest provides.
Regulation under the Isle of Man's banner provides business partners, third parties and prospective customers with the comfort that other companies in the sector are unable to provide. Customers can transact with Isle of Man companies safe in the knowledge that the Isle of Man Financial Services Authority retains a watchful eye over business operations.
Regulation is not without its pitfalls and at first the additional compliance requirements that are placed upon a newly regulated business can feel a little daunting at times. More reason to engage ILS World at the earliest opportunity in order to ease the burden and transition.
ILS World is ideally placed to provide you and your business with a complete suite of company services and corporate solutions.