Accounting records requirements (Panama) | The Law 52 of 2016, which establishes the obligation to keep accounting records for certain legal entities, through Law 254 of November 11, 2021, introduced important amendments for legal…
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 | 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…
he 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 country reporting | 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…
Economic substance Bahamas - March 2021 Reporting | Following our previous communications related to Economic substance in the Bahamas, we remind you that the entities with a fiscal year-end of June…
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 for Economic Cooperation and…
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…
Panama final beneficiaries | Law No. 129, which deals with the "Private and unique system of registration of final beneficiaries of legal entities" Was approved in Panama on March 17,…
