Due to the updated of the Regulation 13 of the Seychelles Beneficial Ownership (Amendment) Regulations 2023 (“the Regulations”) in 1 Oct 2024, it requires all Seychelles legal entities to review and verify their BO information and ensure it is up to date and accurate at least once per calendar year and submit a Declaration of Compliance, with effect … Read more
Remember to submit the BVI Economic Substance on or before your filing due date, on or before 29 Nov, 2024. If any queries, please contact your Harmony representative. Thank you
Recap of Accounting Record Requirements Frankly reminder of the amendments to the International Business Companies Act 2016 relating to the requirements of accounting records. In detail, please go to https://www.harmonybcs.com/2021/09/10/seychelles-updates-ibc-act-amendment-highlights-relating-to-requirements-of-accounting-records/ Required Actions Please send us the accounting records of the Seychelles companies for the 2nd half of the year (01.01.24 – 30.06.24) on or before 30 Sept 24. … Read more
Remember to submit the BVI Annual Financial Returns on or before your filing due date. A table with examples of financial year-end dates and relevant deadlines for your reference. Company Financial Year Year end date 9 month Filing Period Filing Deadline 1 Jan 2023 – 31 Dec 2023 31-Dec-23 1 Jan 2024 – 30 Sep 2024 30-Sep-24 … Read more
Singapore has launched the Variable Capital Company (VCC) structure since 1 Jan 2020 which offering capital variability, segregation of assets and liabilities and crossover tax treaty benefits in order to attract quality foreign investment funds and capital. Key features: Applicable of “Umbrella” structure to the fund Confidentiality Simple shareholding structure Allow dividend pay out of … Read more
If you do not, please go to “List of Code and Description of Business Nature“. If any queries, please contact your Harmony representative. Thank you
Recap of Accounting Record Requirements Frankly reminder of the amendments to the International Business Companies Act 2016 relating to the requirements of accounting records. In detail, please go to https://www.harmonybcs.com/2021/09/10/seychelles-updates-ibc-act-amendment-highlights-relating-to-requirements-of-accounting-records/ Required Actions Please send us the accounting records of the Seychelles companies for the 2nd half of the year (01.07.23 – 31.12.23) on or before 29 Feb 24. … Read more
China announced the implementation of a visa-free policy for citizens of Switzerland on 15 January 2024.🇨🇳🇨🇭
The Hong Kong Companies Registry undertakes to implement Unique Business Identifier (“UBI”) by two phases for entities under the administration of the Registrar of Companies. Business Registration Number (“BRN”) (i.e. the first eight digits of the Business Registration Certificate number) assigned by the Business Registration Office of the Inland Revenue Department is adopted as the … Read more
Please to be reminded that Cayman Islands entities classified as reporting financial institutions (Reporting FIs) under the Common Reporting Standard (CRS) framework are required to file their CRS compliance form by 15 September 2023 over the International Tax Cooperation (DITC) online portal, Cayman Island Department. If any queries, please contact your Harmony representative. Thank you