Beneficial ownership: no longer required in the U.S.
United States: The Treasury Department has announced the end of the requirement for local companies and U.S. persons to...
U.S.: Beneficial ownership reporting requirement reinstated
United States: A court ruling has reinstated the obligation to report the ultimate beneficiaries of companies to the...
BVI: BOI regulations update
We would like to inform you about recent legislative changes to the Business Companies Act and the Limited Partnership...
Corporate Transparency Act Update
United States: The Corporate Transparency Act of the U.S. requires both domestic and foreign companies to disclose...
New AML Requirements in BVI
BVI: Changes in anti-money laundering compliance requirements for funds and investment managers.
Final Beneficiaries in Cayman
Cayman Islands: Regulation approved allowing final beneficiaries to reserve personal information.
Update for trusts created in the Cayman Islands
Cayman Islands: Trusts created under the 2024amendment can now last indefinitely.
Italy doubles the flat tax
Italy: The government doubles the flat tax onforeign-sourced income for new residents.