Co. Formation • Advisory • Accounting
Co. Formation • Advisory • Accounting
On 2 March 2025, the U.S. Department of the Treasury announced that U.S. citizens and businesses would not face penalties for violations of the Corporate
The International Business Companies (Amendment) Act 2024 came into effect in Seychelles on 18 December 2024. These amendments aim to enhance the transparency of companies
The BVI Business Companies (Amendment) Act was enacted on 2 January 2025. It updates requirements for certain corporate documents and establishes new filing deadlines with
In December 2024, the Seychelles Government announced plans to expand the list of organisations that can access information on Seychelles companies’ beneficial owners (BO). Consultations
Companies in Cyprus must annually confirm the details of their ultimate beneficial owners or report any changes to such information. The information must be submitted
Originating in medieval England, where knights would entrust their properties to trusted individuals before heading to the crusades, trusts, or trust funds, remain relevant and
The Cayman Islands has prepared changes to legal entities’ beneficial ownership information regime. They are provided for in the Beneficial Ownership Transparency Act, 2023 (the
From 1 January 2024, companies in the USA will be obliged to submit their beneficial ownership information to the Financial Crimes Enforcement Network of the
What is an offshore jurisdiction? An “offshore jurisdiction” is usually called a foreign state or territory with low taxes or full tax exemption for business
On 10 August 2022, the British Virgin Islands authorities passed a package of essential amendments to the BVI Business Companies Act, 2004, which is the