Halvorsen & Reith

How far advice can go before it becomes a licensed activity

How wide is the safe advisory perimeter in each jurisdiction?

JurisdictionModel a perimeterReg model
England & Walesmedium — do not complete appointment formalities1
Irelandnarrow — do not arrange appointments3
Cyprusmedium — absolute prohibition on directing the board4
Maltabroad — sourcing and appointment paperwork are outside the perimeter2
Luxembourgnarrow — two separate bases: domiciliation and company management3
Netherlandsminimal — never act as the point of assemblyspecial
Singaporenarrow — engage only after appointment3
Hong Kongnarrow — do not arrange appointments3
Abu Dhabi Global Marketbroad outside the ADGM perimeter4
British Virgin Islandsnarrow — work through the client registered agent3
Cayman Islandsnarrow3

30 further jurisdictions are in scope but not yet verified against a primary source. They are listed without factual detail rather than shown with unverified content.

Sources

A means a primary text or a regulator statement. B means a consistent professional source, or a conclusion drawn from the absence of a provision.

Check what your jurisdiction requires