Hi , In the first chapter of "Where to set up a cryptocurrency exchange", we talked about some of the most important factors to consider when analyzing, comparing and finally choosing the most suitable jurisdiction in which to establish your crypto exchange. If you did not have the chance to read it you can do it here.
In today's chapter we will get to the point and discuss the key factors of some Asia-Pacific jurisdictions. The following is not an exhaustive list but for this series we have only considered those jurisdictions that offer certain regulatory certainty.
Japan
Japan has been a pioneer in the adoption of Bitcoin and, in general, cryptocurrencies and was the first country to regulate the sector.
In April 2017, the Payment Services Act was reviewed to accommodate this new business model. Japan’s regulations are perhaps, the most complete and demanding worldwide.
Exchanges are subject to registration and need to obtain a Virtual Currency Exchange License with the Financial Services Authority (FSA).
The regulations apply not only to any entity that establishes an exchange in Japan but also to any exchange that accepts customers who are Japanese residents.
The minimum capital required is JPY 10 million (approximately 93,000 USD), although in practice what the regulator cares most about is that the operating capital is adequate for the size of the exchange and the expected cash flow.
To be eligible, the exchange must have reserves of at least JPY 50 million (approximately USD 500,000).
There must be strict compliance policies and sound KYC/AML systems, the appropriate compliance staff and the appointment of an external auditor.
The security systems and protocols will be carefully analyzed by the regulator to ensure the highest cybersecurity standards.
If the company is formed by foreigners they should hire Japanese personnel, especially representatives who will be in charge of communicating with the regulators.
The preparation process for the license application usually takes from six months to 1 year and the JFSA will approve or reject it within a period of 2 months.
Japan may be the best option for those who are looking to establish an exchange in the most developed cryptocurrency market in the world, have sufficient resources and qualifications to do so and do not mind facing a high tax burden (Japan's effective corporate tax rate is up to 34.60%).
Labuan
Unknown to many, the Labuan International Business and Financial Center is a reputable free trade area located in the Federal Territory of Labuan which is off the coast of the state of Sabah in East
Malaysia.
Labuan is one of the major financial hubs of Asia due to its pro-business policies, low taxes and compliance with international standards on due diligence and transparency.
Labuan companies may elect to pay a 3% tax or a RM 20,000 fee on their trading income. Investment profits are not subject to taxes.
In a circular sent on June 28, 2018, the Labuan Financial Services Authority (LFSA) expressed its interest in attracting "Innovative Financial Services" to the region including businesses involved in distributed ledger technology and cryptocurrencies.
To begin with, the exchange must have the appropriate measures to manage the risk related to money laundering and the countering of terrorism financing and it will be subject to the requirements and regulations issued by the Bank Negara Malaysia and the Labuan FSA.
A crypto exchange business must be approved by the Labuan FSA and must apply and obtain a Money Broker License.
In addition to the AML measures, the applicant must demonstrate that it has the adequate capital to carry out the business, the appropriate internal policies and controls, including the protocols and systems for cybersecurity risk management, and governance expertise.
The LFSA will conduct a fit and proper test to all the promoters of the business and management team members.
The minimum capitalization is RM 500,000 (approximately USD 120,000) and the business should have some type of commercial substance in Labuan. This can be achieved by establishing an office there.
The entire licensing process can take 4 to 6 months.
Labuan is an interesting option for those who wish to set up a regulated exchange that accepts fiat currencies in an advantageous fiscal environment. In addition, although banks are quite selective, it is possible to open bank accounts for exchanges in both Malaysia and Labuan for entities incorporated and regulated in the free zone.
Abu Dhabi
The regulator of the Abu Dhabi Global Markets Free Zone, the Financial Services Regulatory Authority (FSRA), published a legal framework for crypto businesses on June 25, 2018.
The framework introduces, as a regulated activity, Operating a Crypto Asset Business (OCAB), which includes cryptocurrency exchanges.
Regulated crypto exchanges must be compliant with KYC/AML & CTF and consumer protection regulations and is subject to technology governance guidelines.
Crypto Asset Exchanges are regulated in a similar manner to "Multilateral Trading Facilities" and are required to have in place the proper market surveillance protocols, settlement processes, transaction recording, transparency & public disclosure mechanisms and investment exchange-like operational systems and controls.
Exchanges must request authorization and will be granted a Financial Services Permission to carry out the regulated activity of OCAB.
An OCAB will be required to hold adequate capital resources, similar to Recognized Investment Exchanges.
The FSRA may decide at its discretion the amount of capital required according to the size, scope and complexity of the exchange, but at least it must be equal to 6 months of operational expenses plus an additional buffer amount of up to another 6 months' operational expenses.
The application fee is USD $125,000 and there is also an annual fee of USD $60,000 and a levy on the average daily volume between 0.0006% and 0.0015%.
Exchanges that include cryptos that are considered securities will remain subject to the relevant regulatory requirements and will need to obtain another license as a Recognized Investment Exchange or Recognized Clearing House.
There is no foreign-ownership restrictions, nor corporation tax on companies established in the Abu Dhabi Global Markets Free Zone. The banks established in the Free-zone are considerably open to accept regulated businesses dealing with cryptocurrencies.
Thailand
Thailand has completed a very comprehensive regulatory framework for businesses involved in digital assets, including the publication of two royal decrees, several regulations of the SEC and announcements from the Bank of Thailand.
Under this regulatory framework, digital asset exchanges operating in Thailand must be incorporated in the jurisdiction and obtain certain licenses which involve both the Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT).
Keep in mind that Limited companies in Thailand must be incorporated by at least three promoters and foreign-ownership is restricted to 49%. Among other restrictions, a Limited company in Thailand must maintain a ratio of 4 Thai employees for each foreign employee.
There is an exception. Companies promoted by the Board of Investment (BOI) can be exempted from the foreign-ownership/foreign employee restrictions and in certain industries, such as technology, can enjoy tax holidays for up to 8 years.
Nonetheless, obtaining the approval of the BOI can be cumbersome and the process can take more than 6 months. Technically, a company developing software such as an exchange may be eligible but there is no precedent in the crypto industry and therefore approval is not guaranteed.
In addition, after approval by the BOI, an exchange should secure the permission of the SEC and the BOT which could add another 5-6 months before you will be able to finally start operations.
Among other requirements, an exchange must capitalize the company with THB 50 million (approximately USD $1.5M) for a centralized exchange and THB 10 million (approximately USD $300,000) for a decentralized exchange.
The initial fee to obtain the license is THB 5 million (USD $150,000) and the annual fees are 0.002% of the total trading volume.
An exchange must withhold 15% of the profits of their users (capital gains tax) and each transaction attracts a 7% VAT. Besides being a considerable economic burden for the user, it is also an operational and accounting burden for the exchange itself.
A properly licensed exchange should not have any problems opening a local a bank account, both to hold customer funds and for day to day business operations.
In short, Thailand can be a valid option for those who want to exclusively target the Thai market and provide trading, deposits and withdrawals with Thai Baht. However, foreign-ownership restrictions, time and tax burdens may make it less appealing for most.
Philippines
Exchanges in the Philippines are regulated by the Monetary Board and are considered Non-Banking Financial Institutions (MORNBFI).
Exchanges must obtain a license from the Bangko Sentral as a Remittance and Transfer Company (RTC) and register as a Virtual Currency (VC) Exchange operator.
With this license, an exchange can provide services with both cryptocurrencies and fiat currencies.
Exchanges must also be registered with the Anti-Money Laundering Council and are subject to cybersecurity monitoring which covers storage and transaction security requirements as well as key management practices to guarantee integrity and security of transactions.
Foreign-owned companies in the Philippines must be capitalized with at least USD $200,000 and must be incorporated by at least 5 incorporators, each of them having at least one share in the company and the majority must be Filipino residents (3 of 5). Foreigners can keep most of the shares.
Companies in the Philippines are subject to a corporate tax of 30% and a 30% withholding tax in the distribution of dividends to non-residents, in addition to other local taxes.
However, if the exchange is set up in the Cagayan Economic Zone Authority (CEZA), a government-operated economic zone in the northern tip of the Philippines, it may be enjoy a more advantageous tax regime subject to a tax rate of 5% of gross income in lieu of all local and national taxes.
CEZA is known as the Fintech hub of the Philippines and is attracting a number of foreign businesses (mainly from Hong Kong). The free zone announced that it is granting a maximum of 25 licenses to virtual currency exchange operators.
The exchange must commit to invest a minimum of USD $1 million over a period of 2 years and have at least one administrative office in the Philippines.
The cost of the license can be up to USD $365,000 and each transaction made in the exchange will be taxed at 0.1% of its value.
Australia
Exchanges in Australia need to be registered with the Australian Transaction Reports and Analysis Center (AUSTRAC) and are subject to the anti-money laundering and terrorist financing laws (AML/CTF).
To obtain a permission to operate, a digital currency exchange must demonstrate that it has the proper systems and controls in place to minimize risk and comply with compliance and reporting obligations.
In addition to proceeding with typical KYC procedures, regulated entities must monitor transactional activity and inform the AUSTRAC of transactions that exceed USD $10,000.
Exchanges must be incorporated and have an office in Australia and appoint an external auditor.
The AUSTRAC is considerably demanding when granting licenses. Only those with a solid team formed by the appropriate personnel, enough resources and expert compliance systems will be eligible.
If the exchange holds customer funds it must obtain a financial services license.
The required capital is USD $50,000 plus a 5% reserve according to the size of the exchange.
Several requirements apply if the exchange holds USD $100 million in assets. It is usually recommended to have at least USD $10 million of reserves before submitting an application.
Singapore
Singapore is a hot spot for the fintech sector and perhaps one of the most business friendly jurisdictions worldwide when it comes to innovation and new technologies applied to finance.
As far as cryptocurrencies are concerned, Singapore has attracted a large number of players in the sector, especially after the crypto ban in China.
Cryptocurrency exchanges in Singapore are not regulated per se, although they are obliged to comply with AML/CTF requirements, verifying the identities of their clients and reporting suspicious transactions to the Suspicious Transactions Reporting Office.
In accordance with the Monetary Authority of Singapore (MAS) guidelines, only exchanges that provide trading of tokens are considered regulated securities specifically by the Securities and Futures Act (SFA). In this case, they must request the approval, recognition or exemption of the MAS to operate as Regulated Market Operator (RMO).
Currently there is no exchange registered as an RMO.
Exchanges incorporated in Singapore that want to support fiat currency and provide fiat wallets could potentially be subject to obtaining a Stored Value Facility License. However, in practice, currently, there is no Singaporean exchange supporting fiat and it might not be a viable option because the difficulty for a crypto business to open a bank account in Singapore.
However, Singapore can be an interesting option for those exchanges that do not want or do not have the resources to obtain a license and do not plan to accept or support fiat currencies.
Exchanges in Singapore have been facing difficulties getting and keeping a bank account, at the time of publication. Most likely, the exchange will have to bank elsewhere.
The Bottom Line
If you are planning to launch an exchange, you need to surround yourself with a team with the appropriate qualification and enough experience in cybersecurity, finance, legal matters, among other areas.
You need to have the necessary capital and resources to do so. If you are looking to be regulated, licensing processes are demanding and you will need a sound project and the right plan to achieve it.
Each jurisdiction has its upsides and downsides, and the cost and requirements to be regulated can represent a barrier for many. However, there is a clear trend of increasing and more rigorous regulatory supervision, and being already regulated will not only help you to mitigate legal uncertainty, also oblige you to meet the highest standards and provide an optimal service.
If you are not ready to go through a licensing process, adhere to the best practices and prepare your business to meet requirements.
Whether you are setting up a regulated or unregulated exchange, or funding it via ICO, at Flag Theory, we can help you set up a sound corporate structure choosing the most advantageous jurisdictions and legal entities according to your requirements, priorities and goals, obtain licensing and bank accounts, as well as assisting in compliance matters. Contact us, it will be our pleasure to assist you.
To your freedom, privacy and wealth,
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Autumn, is one of the four temperate seasons. Autumn marks the transition from summer to winter, in September (Northern Hemisphere) or March (Southern Hemisphere), when the duration of daylight becomes noticeably shorter and the temperature cools down considerably. One of its main features is the shedding of leaves from deciduous trees.Wondering what shoes are gonna be trending this fall? or what shoes fashionista and celebrities will be wearing this fall. Here are 7 shoes that you will be seeing more often in fall 2018,which includes luxury sneakers, platforms and midi heels. Just a little advice, go for what suits you this fall, the shoes trends are so much you cant keep up with all.Would like to hear your opinion, what is your best shoe trend this season?
1. LOUIS VUITTON STAR TRAIL ANKLE BOOTS
One of the season's most wanted styles, this ultra-wearable ankle boot creates a strong and assertive look.The “Star Trail” ankle boots from Louis Vuitton feature glazed calf leather, side zips, block heels, rubber soles and contrasting white laces. The now iconic Star Trail lace-up boot comes in several variations on the original, even reinterpreted with a luxurious silver fox fur ornament.
Exclusive - Kefe Chunky Heel Ankle Desert Boots by Jessica Buurman.
View full post here.
2. BALENCIAGA TRIPLE S WHITE
One of the latest trends spotted in the fashion scene is the “ugly dad sneaker” trend. You know, these shoes with the chunky and futuristic looking soles which your dad always wore to your hockey matches on the Sunday mornings? Well, these “ugly” shoes, which were super popular in the 90’s, are back and better than ever!
The Triple S sneakers by Balenciaga is my favorite at the moment. Get it at a cheaper rate at Jessica Buurman. Full post here.
HIGH BOOTS, PVC & GROSGRAIN, TRANSPARENT & BLACK : JESSICABUURMAN.
Transparent shoes tops the fashion scene season.While these daring shoes may be welcomed by fashion lovers, others may have their reservations. This season Chanel featured the most amazing transparent accessories/bags. The models strutted down the runway wearing classic multicoloured Chanel tweed and transparent plastic boots and hats. The colours Karl Lagerfeld used this season were bright and vibrant tweed perfect for summer. Chanel's Spring/Summer 2018 collection, which was presented at Paris Fashion Week.
If you will like to get similar boots for a more affordable price and high quality visit Jessicabuurman to purchase the Exclusive - Alanya Transparent High Heel Boots. More about styling this boot here.
Heel Height: 4.5" / 11cm
Shoe Height: 9" / 23cm
Fabric Composition: Synthetic, Manmade Velvet.
This is a ery loely and brillent collection from Public desire which I cant just get over. It is totally stunning, trendy and so durable.
I will be posting the full outfit soon, so subscribe to the newsletter and be the First to view. Full post here.
4. Striped platform shoes.
These are basically shoes you wear when you want to look extra and also keep your comfort. Platforms already made a come back and it's everywhere in the fashion industry including the runways and tops brands like gucci have made collections of platforms.
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5. GUCCI LEATHER PLATFORM SNEAKER IS A DRAMA QUEEN
While it might scream drama queen to some of us, these platform sneakers are the perfect statement-making kicks that will jazz up any ensemble. Take styling cues from Gucci’s Resort 2017 campaign by pairing it with ankle-length socks and a pleated skirt to let it stand out. Or wear it with a plethora of prints if you’re feeling like painting the town red.
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6. CONVERSE CHUCK TAYLOR ALL STAR OXFORD TROPICAL PRINT SNEAKERS.
Get into the tropical groove and discover a new level of laid back with the Converse Chuck Taylor All Star Tropical Print High-Top Shoe for men and women. The classic durable canvas upper makes it an easy slip-on, while the footbed provides enhanced cushioning for everyday wear. The outsole’s signature rubber built enables traction on various surfaces, and the vent portfoles on the sides make way for plenty of ventilation.
Here is a video of some of my summer looks. Would appreciate if you SHARE, SUBSCRIBE AND COMMENT BELOW.
Thank you. https://www.youtube.com/watch?v=J5ZH8zftfQ8&t=19s
If you’ve been wondering how to start a blog Or putting it off because you’re afraid you’ll mess it up.
Well – today’s the day! You’re FINALLY going to cross “create a blog” off your to-do list. And it’s going to be way easier than you expected. Even if you’re not good with computers.
In this beginner’s guide, I’m going to give you foolproof instructions for how to set up a blog, get your own “.com,” and find a design you love – with tons of pictures to guide you that make it impossible for to get wrong. Along the way, I’ll share some tips that will save you time and money, too! Here’s what we’ll cover:
В чому полягає унікальність зубної пасти MEDIBLANC Whitening?
Вона не тільки зменшує чутливість зубів, але й позбавляє зубного нальоту та, на довгий час, освіжає подих, але, разом з тим, являє собою унікальний комплекс властивостей, які не містять інші зубні пасти, завдяки чому забезпечує досконале чищення зубів. Крім того, вона дуже делікатно очищає ротову порожнину.
\досконало відбілює зуби за допомогою спеціальних компонентів (силік)
очищує важкодоступні місця
посилює зубну емаль
усуває неприємний
запах з рота
забезпечує тривале відчуття свіжості
забезпечує досконале очищення зубів
захищає ротову порожнину завдяки натуральним компонентам у її складі
Have you ever wondered why some women always look so presentable and stylish? Would you like to be counted as one of us? Then keep reading to find out about the secret of looking stylish everyday. This depends on what you buy, how you prepare and how you style.
1. Pick out your outfit a day before
If you believe that it is difficult to be fashionable, then you are wrong. Putting together a look in a relatively less amount of time and thought will be quite evident. The best way to avoid this or a possibly embarrassing situation would be to be prepared. Invest in some time every night and pick out an outfit. In this way, you won’t have to hurry in the morning or worry about how you are going to look.
2. Look for Inspiration
Know this, half your battle is won if you look for inspiration. Instagram, Pinterest, and fashion blogs can be an excellent source of information. This way you will get to know what is hot and what is not. In case, you aren't very confident about what to wear or style yourself, this can be the perfect option for you. It will steer you in the right and definitely stylish direction.
3. Dress According to the Weather
As far as possible, look at the weather report before you leave your home. It will help you stay prepared and dress according to it. On a rainy day, avoid wearing white and material that would take a lot of time to dry, in case you get wet and don’t forget your umbrella. Plan on wearing comfortable shoes that will help you walk quickly or even run instead of heels.
4. Looks Good on You
Well, we all know what we look good in! In that respect, never compromise by wearing something that you are not completely comfortable in. It’s not just about the clothes but your confidence as well. So, always aim at wearing what looks good on you and don’t be afraid of experimenting.
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5. Aim to Look Chic
Being stylish doesn't necessarily mean wearing designer clothes alone. There is so much more to it. Even if you wear a t-shirt with a pair of jeans, you can look chic, right? Yes, it’s because you can
create a chic look by using the right accessories that can add more polish to your look.
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6. Select the Perfect Accessories
When it comes to accessories, sometimes we all get a little overboard because we love to show off what we have. Coco Chanel once said, “when accessorizing, always take off the last thing you put on.” This piece of advice goes to prove that too much is not always too good. Always keep in mind that the accessories should complement your outfit.
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7. Keep Occasion in Mind
If you really observe the most stylish women around, then you will realize that they are dressed according to the occasion. Their look is appropriate and polished keeping in mind the dress code of a company or an organization. In case, you are in doubt, ask someone about the dress code so that you dress accordingly. Always keep in mind the occasion and you’ll never go wrong.
8. Appropriate Inner-wear
One of the most important things to remember to be stylish everyday is to wear the appropriate inner-wear. It is because it has a big impact on the final look. For instance, using light colour inner-wear for light tops is a thumb rule that must be followed. In case, you want to tuck your tummy in, you can wear shapewear in an appropriate manner; else the result won’t be very ladylike!
9. Shop Around
There are a few styles that we just love or ones that we are very comfortable with. Think of it this way, by going in for the same old thing you are limiting your options. The best way to break out of the mould is to shop around and try out new things. In this way, you might come across a new favourite and this needn’t be a very expensive experiment as you can shop from chain stores, vintage stores, or even at discount retailers. This way you will be high on style without burning a hole in your purse.
10. Classics Always in Vogue
No matter what anyone says, classics are always going to be classics. So, you can be confident about them. Let the naysayers say anything but don’t pay too much heed to them. In this way, you will have a killer wardrobe that you can be proud of. At the same time, you needn't worry about getting a new outfit every time an event comes up out of the blue.
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11. Right Pair of Shoes
Style is not just about clothes, it is as much about your accessories and yes shoes of course. Always think about the occasion, the look you want to create, and whether you are comfortable or not. When you are planning to out for a part then you can consider slipping on stilettos. But you are planning to dance through the night consider a pair of polished flats or wedges are they are comfier. Purchase the Puma trace in beige from Czasnabuuty.pl.
12. Invest in Essentials like…
Blazers, good shoes, a little black dress, jeans, a trendy salwar suit, and accessories. These are really important investments, which you can bank on when you are planning to attend a function or a party. And if you want to look like a million bucks, you need to pay your dues as well, which would be worth it!
Spiritime is a French brand that offers you high quality cosmetics for everyday skin-care. Getting good products in the market, most especially in the beauty line is a little bit difficult sometimes, because not all products are good, and what works for me might not work for you.
I have been battling with dry palms and tried different products, most products were effective only for a short time. I even purchased a hand cream from a local store here in Ukraine the hand cream dries up quickly and makes my palm very dry and so comfortable.
I know this is a very relatable situation but nevertheless, there are good products which can help moisturize and nourish your palm, keeping it soft. I started using the SpiriTime Nourishing hand cream for the weeks and its have shown so much improvement on my palm, it has a very lovely fragrance.
These are the 10ml tubes, they are little but goes a long way. The tubes containing the hand cream are available in different fragrance.
The Fruity time which has the green tube color, happens to be my best, the fragrance is so lovely. It nourishes and softens, smoothes, promotes regeneration and soothes the skin moisturizes and pleasantly refreshes returns skin to freshness. Gives the skin a scent of dark grapes and kiwi.
Spirentime Fruity Time hand care nutrition cream effectively prevents dry hands, deeply nourishes the skin and soothes it pleasantly. The cream is easily applied and instantly absorbed, leaving no fat shine on the hands. Keeps the skin incredibly gentle, well-groomed and protected from adverse external factors.
In its composition, the cream does not contain parabens, silicones, paraffin or mineral oils. Extracts of raspberry, mango and mandarin promote regeneration, toning and returning youth to the skin. Macadamia oil, argan and coconut oil are pleasantly calming, nourish the skin, contribute to the restoration of its natural functions. Savor your hands with a nutritious cream and they will be silky and incredibly beautiful everyday!
Поживний крем для рук Spiritime Fruity Time ефективно запобігає сухості рук, глибоко живить шкіру та приємно її пом’якшує. Крем легко наноситься та миттєво вбирається, не залишаючи на руках жирного блиску. Зберігає шкіру неймовірно ніжною, доглянутою та захищеною від несприятливих зовнішніх факторів.
У своєму складі крем не містить парабенів, силіконів, парафіну чи мінеральних олій. Екстракти малини, манго та мандарина сприяють регенерації, тонізують та повертають молодість шкірі. Олія макадамії, арганова та кокосова олія приємно заспокоюють, живлять шкіру, сприяють відновленню її природних функцій. Потіште свої руки поживним кремом і вони будуть шовковистими та неймовірно красивими щодня!
The flower time has a much more calm fragrance, warm and girly relaxation vibe.
Spirentime Flower Time hand care nutritive cream takes care of the exhausting skin of the hands, deeply nourishes and soothes it. The cream is easily applied and instantly absorbed, leaving no fat shine on the hands. Intensively nourishes the skin, giving it silky, elastic and reliably protects against unfavorable external factors.
Thanks to the extracts of flowers and natural oils, the medium returns silky to your hands, restores its protective barrier and eliminates dryness. In its composition, the cream does not contain parabens, silicones, paraffin or mineral oils, and therefore carefully helps to regenerate the skin and nourishes it. Savor your skin with a nourishing cream that softens your hands and for a long time will give the skin a natural beauty!
deeply moisturizes the skin of the hands
softens and smooths the skin
promotes regeneration and protects the skin
soothes and rejuvenates the skin
gives the skin a pleasant flavor of freesia flowers.
Поживний крем для рук Spiritime Flower Time піклується про виснажену шкіру рук, глибоко її живить та приємно пом’якшує. Крем легко наноситься та миттєво вбирається, не залишаючи на руках жирного блиску. Інтенсивно живить шкіру, надаючи їй шовковистість, пружність та надійно захищає від несприятливих зовнішніх факторів.
Завдяки вмісту екстрактів квітів і натуральних олій засіб повертає шовковистість вашим рукам, відновлює її захисний бар’єр та усуває сухість. У своєму складі крем не містить парабенів, силіконів, парафіну чи мінеральних олій, а тому дбайливо сприяє регенерації шкіри та живить її. Потіште свою шкіру поживним кремом, який пом’якшить ваші руки та тривалий час даруватиме шкірі природну красу!
Властивості:
глибоко зволожує шкіру рук
пом’якшує та розгладжує шкіру
сприяє регенерації та захищає шкіру
заспокоює та омолоджує шкіру
надає шкірі рук приємний аромат квітів фрезії
Gourmet time Spirtime Hand Cream smoothes and provides the necessary nutrition. The nutritious hand cream is easily applied, instantly absorbed after application and does not leave greasy or sticky luster on the hands. Intensively nourishes the skin, cares for it, gives tenderness and reliably protects against unfavorable external factors.
Поживний крем для рук Spiritime Gourmet Time ефективно пом’якшує шкіру, розгладжує та надає необхідного живлення. Поживний крем для рук легко наноситься, миттєво вбирається після нанесення та не залишає на руках жирного чи липкого блиску. Інтенсивно живить шкіру, доглядає за нею, дарує ніжність та надійно захищає від несприятливих зовнішніх факторів.
Puma suede trace platform wn's is so comfortable and stylish for any girl. Made in Cambodia 2018 spring collection. I am a sneakers girl, basically, I can wear sneakers with any outfit. I love my comfort, so this is definitely a yes for me. They are perfect for everyday styling, the modern designs and innovative sports technologies, the collection of clothes and shoes PUMA helps athletes look stylish.
This is an iconic design, the silhouette maintains the signature simplistic design but elevated with a more layered midsole on an eye-catching outsole. The women's PUMA Suede Platform Trace elevates the iconic Formstripe design. With a classic suede upper and contrast gold foil callouts, the Suede Platform is fastened by cotton ribbon laces and comforted by s padded micro-mesh lining and heritage footbed. Secured to an enlarged platform rubber cup sole with bold traction pod outsole, the Platform Trace is durable and bold for any occasion.
+ Premium Suede & Synthetic Upper
+ Padded Micro-Mesh Lining For Comfort
+ Enlarged Platform Midsole & Traction Pod Tread
+ Gold Foil Branding
Fall is fast approaching, summer is almost over, Zaful is offering discounts on sweaters for fall. These are lovely and would definitely serve you round the fall season.Statement jackets, tailored vests, and pullovers are key to being prepared for the season's temperature changes. Pair them with stylish separates in colorful, lightweight, textured fabrics to seamlessly transition from the heat to the cold weather.
Sometimes transitioning your wardrobe can a stressful most especially when the weather condition is not yet stable. Mini layering's like what I am wearing would be a perfect choice for layering in the early days of fall.
Here a list of fall essentials that is needed to spice up your look. As a student I attended morning classes which starts by 8 am In the morning, these essentials help me organize my wardrobe and sometimes when I am running late they just do the magic in stepping up my outfit, keeping it trendy and simple.
For all the lovely moments captured, making the work lesser and putting us all out there in our best, creating wonders and amazing sights out of nothing. Thank you to all the photographers in the world. Words cant describe how grateful I am to this lady right here. Eugenia is not just a photographer but also a friend. She has been there in all aspects, she has a great heart and her talented hands of photography will soon be known to the world.
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