Barbados Economic substance requirements
Barbados enacted the Companies (Economic Substance) Act, 2019-43 (CES Act) on November 27, 2019.
Bahamas | Economic substance report filing extension
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 entities incorporated prior to January 1st, 2020, and with fiscal year-end December 31st, 2019.
Panama | Register of beneficial owners overview
Panama has taken a significant step towards financial transparency by introducing a private register of beneficial owners for corporations in Panama.
BVI | Economic substance overview
In 2016, the EU adopted criteria covering fiscal transparency, fair taxes, erosion of the tax base, and transfer of benefits (BEPS), and evaluated countries during a process carried out in 2017.
Accounting records obligation in BVI, Barbados, Belize, Nevis, and Panama (Presented in Spanish)
With the objective of keeping our clients informed and in compliance with their obligations, in recent days, we presented the webinar “Accounting Records in BVI, Panama, Nevis, Belize, and Barbados”.
Panama Residency Program: Your Complete Guide – Why Choose Panama for Residency?
When you are considering a second home or investment opportunity, the Panama residency program stands out for its numerous advantages. The vibrant culture, stable economy, and favorable tax policies make Panama an ideal destination for many foreigners
BVI | Unique identification number
BVI-registered entities may now apply for a unique identification number from the Department of Inland Revenue if required.
Panama | Private and unique registry system for final beneficiaries of legal entities
Law No. 129, which deals with the “Private and unique system of company registration in Panama of final beneficiaries of legal entities”
