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⍰ ASK Why is it vital to have a local representative for your offshore company in the UK?

cryptohunter

cryptohunter

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Having a local representative for your offshore company is vital to ensure compliance with UK laws and regulations. This becomes particularly important when engaging in sensitive financial activities, like setting up an EMI account. Your appointed local representative can assist in verifying that your company fulfills the required criteria, which includes having a physical presence in the UK. This step safeguards your business and guarantees adherence to legal obligations.
 

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