On the 8th of November 2019, the Council agreed to remove Belize from the EU’s list of non-cooperative tax jurisdictions. Belize has passed the necessary
Author: Lea Imhof
Low-tax jurisdictions must prove they are meeting OECD’s ‘substantial activities’ requirement
The OECD has warned no-tax and nominal-tax jurisdictions that they must prove they are meeting its new ‘substantial activities’ standard through spontaneously reporting the activities
FATF releases best practice guidance on establishing beneficial ownership
The global Financial Action Task Force (FATF) has published best practice guidance on establishing beneficial ownership of legal persons such as companies, foundations and associations.
Switzerland phases out bearer shares
At the end of September, the Swiss government announced its commitment to phasing out so-called Bearer Shares. From the 1st November, the Federal Act on
Cayman Islands to introduce public register of beneficial ownership
The Government of the Cayman Islands has announced last week its intention to introduce a public register of beneficial ownership, in line with evolving standards
Corporate Registry attended STEP LATAM in São Paulo
The LISCR team attended the STEP Latam Conference in São Paulo, Brazil last week to network and promote the Liberian Corporate Registry to over 30