Amendments to the BVI Business Companies Act
Amendments to the BVI Business Companies Act 2004 and the BVI Business Companies Regulations will come into force on January 1st, 2023. These amendments reflect the BVI's commitment to comply…
The closing of our first school garden program in partnership with “Fundación Pro-Niñez”.
OMC Group – School Gardens Program
As a part of the Sustainable Development Goals month activities, at OMC Group we are pleased to present the closing of our first school garden program in partnership with “Fundación…
Gran Salon Inmobiliario | Bogota, Colombia
On August 18-21, 2022, the OMC Group team participated in the XVI version of the “Gran Salon Inmobiliario” as a part of the Panama delegation. This event was held in…
Panama | Single taxpayer registry update
Updated August, 30th Dear Client, The Panama Tax Authority (DGI) has extended the deadline for updating all changes including new mandatory fields to the Tax Payer Identification Number (RUC) to October 31st,…
Private wealth management
Benefits of private wealth family planning and management
Private wealth management | A family business, which has multiple interests and considerable wealth, can seek the benefits of structures that allow for the administration and management of that wealth,…
In this photo: Aribel Magallon - Trust & Fiduciary Services Manager and Juan S. Vayas - Business Development Executive
OMC Group participated in the STEP Miami Summit
The OMC Group team recently participated in the STEP Miami Summit, held on May 13th, 2022. Many thanks to the STEP Miami branch STEP MIAMI for their impeccable organization of this conference which offered…
Panama accounting records requirement
Panama | New legislation on accounting records
Accounting Records / Panama New Legislation. Author: Hazel Jaramillo From the moment you decide to start operating a company, it is necessary to be prepared for the fact that this…
Accounting records requirements Panama
Panama | Accounting records requirements for legal entities
Accounting records requirements (Panama) | The Law 52 of 2016, which establishes the obligation to keep accounting records requirements for certain legal entities, through Law 254 of November 11, 2021, introduced important amendments for…
Belize economic substance
Belize | Economic substance reminder
Belize | Following our previous communication related to Economic Substance in Belize, we remind you that all IBCs must report their status in this regime on an annual basis through their Registered…
Belize Economic Substance
Belize | Economic substance
Belize economic substance | The economic substance Act, 2019 (ES Act) in Belize was enacted on October 12, 2019, and came into force on January 1, 2019. This act applies to legal…
Seychelles beneficial ownership database
Seychelles | Beneficial ownership database
The Beneficial Ownership Act, 2020 (“BO Act”) came into force on 28 August 2020 along with the Beneficial Ownership Regulations (“BO Regulations”) imposing new requirements on Seychelles Legal Persons and Legal Arrangements (“Entities”).
Belize tax
Belize tax matter | Country -by- country reporting
Belize tax | For the attention of all the companies, including International Business Companies (IBC). On January 24th, 2020, Belize introduced Country-by-Country Reporting by way of the Mutual Administrative Assistance in…
Barbados Economic Substance Requirements OMC Group
Barbados | Economic substance requirements
Barbados economic substance | Barbados enacted the Companies (Economic Substance) Act, 2019-43 (CES Act) on November 27, 2019. This law was enacted in response to the requirements of the Organization…
Bahamas economic substance OMC Group
Bahamas | economic substance report filing extension
Bahamas economic substance | The Bahamas Ministry of Finance has granted an extension on the deadline to file the 2019 economic substance report (from December 31st, 2020) to January 31st, 2021 for…
Corporations in Panama Register of beneficial owners
Panama | Register of beneficial owners overview
Corporations in Panama | OMC Group is a company with more than 65 years of experience in the Corporate Services industry. If there is something we can assure is that…
OMC Group - Donation - Chiriqui
OMC Group family lends our helping hands
OMC Group Family joined forces to participate in the donations to the communities affected by the hurricane ETA in Tierras Altas, Chiriqui, Panama. We thank all of our team members…
UHNW family businesses OMC Group Image people in meeting
Keeping it in the family
UHNW family businesses |Everything you should know about UHNW family businesses Author: Simon Gray. Simon Gray is head of business development & marketing, at BVI Finance. Tue 3 Nov 2020…
OMC Group Khaled Moummi
Welcome to OMC Group!
It is with great pleasure that OMC Group extends a warm welcome to Mr. Khaled Moumni, who joins our family as Business Development Manager of the Dubai DMCC office. Mr.…
Family office services - OMC Group image grandpa and kid
The importance of family offices for wealth management
Family Office services | It is very popular nowadays to see references to Family Offices, particularly when it comes to wealth management for families. The primary reason for the rise in…
BVI Economic Sustance BVI Company OMC Group FAQS Image
BVI | Economic substance frequent questions (FAQ)
BVI Company. BVI | Economic substance frequent questions (FAQ) 1. Could my BVI company be conducting “banking business”? 1. Is the company subject to any banking regulations or supervision anywhere?…
E-Signatures
E-Signatures in the age of Covid-19 and beyond
E-signatures are electronic digital signatures that can be used to securely sign documents electronically. A digital signature is a mathematical way of proving that the person signing a document is…
BVI Economic Substance OMC Group image of people reading data
BVI | Economic substance overview
BVI Economic Substance
accounting records bvi OMC Group people with calculator image
Accounting records obligation in BVI, Barbados, Belize, Nevis, and Panama (Presented in Spanish)
accounting records bvi
Panama residency program OMC Group Avenida Balboa Panama City Image
Why Panama? | Residency program
Panama Residency program | Many clients ask us why Panama and not Miami, for example? Trying to be objective - which is not an easy task - we must say…
bvi unique identification number OMC Group Business people shaking hands
BVI | Unique identification number
bvi unique identification number
Food Bank Donation Alimenta una Vida OMC Group
We can help make the difference
OMC Group joined the Panama Food Bank initiative participating in the campaign “Alimenta una Vida”. We especially thank our team members who joined us to be part of this great…
Estate Planning OMC Group Family with masks image
Estate planning process vs COVID-19
Estate Planning
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Family offices & succession planning: responsibilities and risks
Family Offices
OMC Group How we can help you during this crisis
How can OMC help you during this crisis
OMC Group Throughout the COVID19 crisis OMC Group has remained fully operational by activating our business continuity plan and working remotely in all jurisdictions that have declared lockdowns and shelter-in-place…
Corona Virus Image OMC Group
OMC Group – COVID19 special communication
OMC Group Dear Client, At OMC Group we care about you, our employees, their families, and our communities. For this reason and, due to the Corona Virus (COVID-19) spread, OMC…
Company registration in Panama Flag
Panama | Private and unique registry system for final beneficiaries of legal entities
Company registration in Panama | Law No. 129, which deals with the "Private and unique system of company registration in Panama of final beneficiaries of legal entities" Was approved in…