Ecosystem map 135 – Romanian Government

The fintech industry in Romania operates within a legal framework that largely does not establish a specific regime for fintech companies, with the exception of crowdfunding services. These services are regulated under the EU Crowdfunding Regulation, which became directly applicable in Romania as of November 10, 2021, and Law no. 244/2022, which sets out national […]

Ecosystem map 124 – Romanian Government

Romania is a proper country for investment due to low taxes on income, profit, and dividends. – 3% income taxe – 16% profit tax – 8% dividends tax – 19% – VAT, in most of the industries

Ecosystem map 39 – French Tech Visa

The French Tech Visa is a simplified procedure, dedicated to the Tech ecosystem, for three types of international tech talent for the obtention of a multi-year residence permit, known as the “Passeport Talent” (“Talent Passport”): the French Tech Visa for Founders, dedicated to founders of international start-ups, selected by partner incubators and accelerators. the French […]

Ecosystem map 42 – France

The Crédit d’impôt recherche (research tax credit) is a tax measure designed to support companies in their research and development efforts. It reduces the tax (IR or IS) owed by the company by deducting part of the expenses incurred to develop its research activities and improve its competitiveness.

Ecosystem map 43 – France

Regional support for business creation and takeovers (specificity depending on the region) that can be assistance to entrepreneurs in setting up their projects, financial structuring and banking intermediation, start-up and development support.

Ecosystem map 44 – France

The status of “jeune entreprise innovante (JEI)” (young innovative company) confers a number of tax and social security exemptions on SMEs that commit to research and development expenditure representing at least 15% of their costs.

Ecosystem map 3 – Government Policy

Malta enacted an innovative legal framework regulating virtual currencies in 2018 (defined as VFAs), distributed ledger technologies (DLTs), including blockchains, initial coin offerings (ICOs), and providers offering services in relation to VFAs.  The legislator also created a mechanism regulating innovative technology arrangements (ITAs), such as smart contracts, and innovative technology service providers (ITSPs). The framework […]

Ecosystem map 4 – Government Policy

– The VFA Act created the Financial Instrument Test, which is intended to assess whether a DLT asset qualifies as a virtual token, a financial instrument, electronic money or VFA.