Tekijä: Prominee

Maaliskuussa 2020 kaikkien Seychellien yritysten tosiasialliset edunsaajat rekisteröidään tietokantaan, johon rahanpesun selvittelykeskuksella ja muilla paikallisilla virastoilla on suora pääsy. Rekisteriin hyväksytään vain luonnollisia henkilöitä eikä oikeushenkilöitä. On huomattava, että sekä ehdokas että nimeäjä on rekisteröitävä. Jos tosiasiallinen edunsaaja on trusti, suojaa ei ole: Joko perustaja tai kaikki tosiasialliset edunsaajat on rekisteröitävä. Seychelleille perustetut yritykset voivat siirtyä toiselle lainkäyttöalueelle (ota meihin yhteyttä). Viitteeksi: attached below is ... Read more

What a genocide by the Belize IFSC: they did not renew 16 Toimijoiden. The announcement is made at the end of April 2020 with effect from the 1st January 2020! That is a real problem with license-based jurisdictions (Seychelles is another one): suddenly an entire list of companies created by those operators become illegal. This official document is attached for reference: 30-04-2020-Revised-Public-Notice-3-Non-renewal-of-licences-for-2020Download

Effective 1st of April 2020: the yearly maintenance fee increases from US$450 to US$500 for all LLCs and IBCs. Partnerships and Foreign Maritime Entity (FME) are unchanged. This increase is due to the cost of compliance with the Economic Substance regulations pushed by the European Union onto the Marshall Islands. Talking about Sovereignty: do not be surprised Brexit happened. After all the Marshall Islands are not in the EU so it is easy to walk on them. It was written already: the Article 4(2) of the Treaty on European Union respects other Member States only. Let’s send a big thank ... Read more

Under the pressure of the OCED and the EU: Dominica abolishes the previously granted 20 years tax exemption to all IBCs. Taxation rate will now be 30% of worldwide profits starting on the 1st January 2022. Full legal reference: International Business Companies (Amendment) Act, 2019, ACT 2 ja 2019 http://www.dominica.gov.dm/laws/2019/International Business Companies (Amendment) Act 2019.pdf

Matkalla Yhdysvaltain senaattiin, tämä lasku (H.R. 2513) tekee tosiasiallisen edunsaajan ilmoittamisen pakolliseksi(s) mistä tahansa LLC:stä tai yhtiöstä: kenellä tahansa enemmän kuin 25% omistus. Annual reports will be made to FinCEN. Ilmoitetut tiedot eivät ole julkisesti saatavilla. Ilmoitettavat tiedot ovat: koko virallinen nimi ; syntymäaika ; nykyinen asuinosoite ; ja voimassa olevan passin numero (tai voimassa oleva Yhdysvaltain osavaltion ajokorttinumero). Vapautetut yhteisöt ovat: vakuutukset, pankit, any SEC regulated entities, kirkot, tai 501(c) voittoa tavoittelemattomat yhteisöt. View the full legal text for ... Read more

The worldwide industry of non-resident, low tax or tax neutral companies is panicking: all the big accounting firms (Deloitte, Ernest and Young, KMPG, and PWC) have been overwhelmed by a wave of recent legislation adopted by many jurisdictions at once. The call (shot?) has been made by the European Commission in Brussels regarding the non-cooperative tax jurisdictions. Some people will believe that it targets only small players, and others will believe that it only affects big players. In fact it is targeting every body. The biggest players affected are Chinese companies incorporated in the British Virgin Islands (BVI). Such companies ... Read more

Anguilla has adopted Economic Substance regulations in a very detailed manner.

The Marshall Islands adopted Economic Substance Regulations applicable from the 1st January 2019. However it is interesting to note that: it applies strictly to relevant activities (distribution and service center business, financing and leasing business, headquarters business, holding company business, intellectual property business, shipping business, banking business, and insurance business) holding company business is defined as pure equity holding company a pure equity holding company is subject to a reduced economic substance test the entities must provide the relevant information if requested by the Registrar it seems to apply to Master Series LLC only (and not each Series) an entity ... Read more

Like their flag with three legs: the Isle of Man prepares to triple kick with sanctions all the investors or companies that do not pass their economic substance’s tests.

Upcoming laws are to be adopted in Jersey regarding Economic Substance for companies.