All of us are aware that Covid-19 caused severe economic damage to the global economy.
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The role of offshore companies in post pandemic restructuring
Offshore Updates
BOSS roll-out and your next steps
Offshore Updates
All of us are aware that Covid-19 caused severe economic damage to the global economy.
Economic Substance Compliance and Reporting
OFFSHORE UPDATES
11 May 2020 - We are now in the first economic substance reporting (“ES Reporting”) year, which means many entities are required to submit their annual economic substance return starting from June 2020.
Removed from EU’s “grey list” and Updates rules on the Economic Substance Act
Offshore Updates
Rules on Economic Substance (“the Rules”) have recently been updated on the 10th February 2020. In addition, the British Virgin Islands (“BVI”) has now officially been removed from the European Council’s “grey list” as of 18th February.