What services do Cayman Island banks offer for private customers?The Cayman Islands have long been renowned for their banking services, attracting private clients from around the world due to their high level of privacy, reliability and professionalism. In this article we will look at the wide range of services that Cayman banks offer to private clients. Challenges in the Licensing Process A Sub-License holder links itself to a Full License holder by signing an agreement Also, lawyers from Regulated United Europe provide legal services for obtaining a crypto license in Europe. Balance Sheet: Shows the assets and liabilities of the company at the end of the financial year. For a Class 1 license (remote gaming license), the applicant is required to have a minimum issued and fully paid-up share capital of €100,000. For public joint-stock companies, the minimum size of the authorized capital is set, which must be at least 50,000 pounds sterling. At the same time, at least 25% of the par value of each share, including the premium (if any), must be paid before or at the time of the issue of shares. St Lucia is known for its convenient business climate. The procedures for registering a business and obtaining licences are relatively simple and unbureaucratic. This significantly reduces the time and resources required to launch operations and allows companies to quickly start operating internationally. Resolution appointing a director and powers of attorney. Required