Category: Info

Starting 1st January 2024: all US registered entities have to declare and identify their Beneficial Ownership to the US Financial Crimes Enforcement Network (FinCEN). What to declare? Any US entity shall declare and identify all Beneficial Owners over 25% (name, residential address, and passport scan should be given). Who needs to declare? Any US entity registered with any Secretary of State is required to declare, and to have an EIN, SSN/ITIN of the owner, or a foreign Tax ID for the declaration. We offer an EIN service if you do not have one. Is there any exemption? Yes, all those ... Read more

If you use your US LLC as a shareholder of another non-US company, and this non-US company has a bank account: you have to file a FBAR report every year if that shareholding is equal or more than 50%. The penalty for not filing is US$10,000. You might want to change your structure as soon as possible to avoid any possible penalty: Kontaktéiert eis.

Am Mäerz 2020 déi gënschteg Besëtzer vun all Firmen op de Seychellen ginn an enger Datebank registréiert, op déi d'Financial Intelligence Unit an aner lokal Agenturen direkten Zougang hunn. De Register akzeptéiert nëmmen natierlech Persounen an akzeptéiert keng juristesch Persounen. Et muss bemierkt ginn datt souwuel den Nominéierte wéi och den Nominator musse registréiert sinn. Wann de gënschtege Besëtzer e Vertrauen ass, gëtt et keen Ënnerdaach: entweder de Siedler oder all déi gënschteg Besëtzer musse registréiert ginn. Firmen, déi an de Seychellen integréiert sinn, kënnen an eng aner Juridictioun plënneren (Kontaktéiert eis). Fir Referenz: attached below is ... Read more

What a genocide by the Belize IFSC: they did not renew 16 Opérateuren. 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