Dear clients, Kindly note that the UK Government has passed into law the Economic Crime (Transparency and Enforcement) Act 2022 (“the Act”) which creates the Register of Overseas Entities (“the…
BVI accounting requirements - Amendments to the BVI Business Companies Act 2020 and the BVI Business Companies Regulations came into force on January 1st, 2023. These amendments reflect the BVI's…
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,…
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 | 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…
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 | 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…
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 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 | 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…
bvi unique identification number
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…