British Virgin Islands Dissolution of Existing Struck-Off Companies (BVI BC Amendments Act 2022)
This message is important for clients that have British Virgin Islands (BVI) “struck-off companies”. We would like to remind you that any BVI companies that were struck-off before the amendments to the BVI Business Companies Act (BVI BC Act) came into effect on January 1, 2023 (referred to as “existing struck-off companies”), that are not restored by June 30, 2023, will be dissolved automatically on July 1, 2023.
BVI Annual Financial Return for Companies
The BVI Business Companies (Financial Return) Order, 2023 “the Order” has been published in the BVI Gazette and is deemed to have come into force as of January 1st, 2023.
Amendments to the BVI Business Companies Act and BVI accounting requirements
BVI accounting requirements – Amendments to the BVI Business Companies Act 2020 and the BVI Business Companies Regulations came into force on January 1st, 2023.
Panama | Taxpayer Identification Number Registry Update
Update your Taxpayer Identification Number in Panama before the deadline to meet tax obligations and avoid fines.
Anguilla, Bahamas, and Panama entities overview.
At OMC Group we specialize in corporate and fiduciary services, which include company and foundation setups, structuring of trusts, and many other services in multiple jurisdictions.
BVI | Advantages and economic substance requirements for 2024
BVI economic substance requirements | Knowing the interests of our clients and friends and the importance of this topic, we bring you this webinar about the BVI jurisdiction, its advantages, and the Economic Substance Law Requirements.
Panama Investment Visa Everything You Should Know in 2024…
What will we cover in this webinar?
We will explain everything related to the qualified investor visa, how it works, what are the general requirements, where is it filed and when is the right time to apply a Panama investment visa.
Seychelles Beneficial ownership database
The Beneficial Ownership Act, 2020 (“BO Act”) came into force on 28 August 2020 along with the Beneficial Ownership Regulations (“BO Regulations”) imposing new requirements on Seychelles Legal Persons and Legal Arrangements (“Entities”).
Bahamas | Economic substance requirements
Following our previous communications related to Economic substance in the Bahamas, we remind you that the entities with a fiscal year-end of June 2020 must submit their first CESRA filing no later than March 31, 2021.
Cayman Islands Economic substance – COMMUNICATION
The International Tax Co-operation (Economic Substance) Law (as Revised) (the “Law”) came into force on 1 January 2019 and introduces certain reporting and economic substance requirements for Relevant Entities carrying on Relevant Activities.