Blog

In March 2020 the beneficial owners of every companies in the Seychelles will be registered in a database to which the Financial Intelligence Unit and other local agencies have direct access. The register only accepts natural persons and do not accept legal persons. It has to be noted that both the nominee and the nominator have to be registered. If the beneficial owner is a trust there is no shelter: either the settlor or all the beneficial owners will have to be registered. Companies incorporated in the Seychelles can move to another jurisdiction (contact us). For reference: attached below is ... Read more

What a genocide by the Belize IFSC: they did not renew 16 ऑपरेटरों. 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 का 2019 http://www.dominica.gov.dm/laws/2019/International Business Companies (Amendment) Act 2019.pdf

On its way to the US Senate, this bill (H.R. 2513) will make mandatory the disclosure of beneficial owner(s) of any LLC or Corporation: anybody with more than 25% ownership. Annual reports will be made to FinCEN. The disclosed information will not be publicly available. The data to be disclosed will be: the full legal name ; the date of birth ; the current residential address ; and the current valid passport number (or valid US state driver license number). Exempted entities are: insurances, banks, any SEC regulated entities, churches, or 501(c) non-profit entities. View the full legal text for ... Read more

अनिवासी का विश्वव्यापी उद्योग, कम टैक्स या टैक्स न्यूट्रल कंपनियां घबरा रही हैं: सभी बड़ी लेखा कंपनियां (डेलॉयट, अर्नेस्ट और यंग, KMPG, और पीडब्ल्यूसी।) एक साथ कई न्यायालयों द्वारा अपनाए गए हालिया कानून की लहर से अभिभूत हैं. कॉल (और रूप?) 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

एंगुइला ने आर्थिक पदार्थ नियमों को बहुत विस्तृत तरीके से अपनाया है।.

मार्शल द्वीप समूह ने 1 जनवरी से लागू आर्थिक पदार्थ विनियमों को अपनाया 2019. हालांकि यह ध्यान रखना दिलचस्प है कि: यह प्रासंगिक गतिविधियों पर सख्ती से लागू होता है (वितरण और सेवा केंद्र व्यवसाय, वित्तपोषण और पट्टे का कारोबार, मुख्यालय का व्यवसाय, होल्डिंग कंपनी का कारोबार, बौद्धिक संपदा व्यवसाय, शिपिंग व्यवसाय, बैंकिंग व्यवसाय, और बीमा व्यवसाय) 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

जैसे तीन पैरों वाला उनका झंडा: आइल ऑफ मैन उन सभी निवेशकों या कंपनियों पर प्रतिबंधों के साथ तीन गुना प्रतिबंध लगाने की तैयारी करता है जो अपने आर्थिक पदार्थ के परीक्षणों को पास नहीं करते हैं।.

कंपनियों के लिए आर्थिक पदार्थ के संबंध में जर्सी में आगामी कानूनों को अपनाया जाना है।.