Indiana House Bill 1487 was signed by the governor on May 1, 2019. The bill amends the law concerning the business practices of the secretary of state, including: (1) access to information maintained by the secretary of state; (2) use of electronic information and transmissions; (3) striking the current Uniform…

Not sure what a Registered Agent is or do you find yourself asking why should I use a professional registered agent? A Company must list a registered agent when forming and/or qualifying an entity with the Secretary of State’s office. The registered agent, also referred to as a resident agent,…

Starting in June of 2019, Federally Incorporated entities in Canada will be subject to a register of individuals that have significant control over the corporation to determine the UBO, whether directly or indirectly. The pressure around the globe for more transparency and compliance with regards to tax evasion, anti-money laundering…

France is currently in a position to renegotiate its tax treaty with the United States. This came after senior politicians explored ways to protect citizens with dual citizenship. It believes that if negotiations fail, France should pull out of the agreement. Introduced in 2010, FATCA requires financial institutions located anywhere…

All companies formed or qualified to do business in the US Virgin Islands must file an Annual Report and pay franchise tax to the Office of the Lieutenant Governor each year. The deadline is June 30, 2019.   Need help with the preparation and filing of your annual…

The Uniform Commercial Code (“UCC”) is a United States code and, as such, it can only provide coverage in US territory. Mexico’s secured financing laws are more complex than the UCC in the U.S.   First of all, there is no central registry in Mexico to search for…

A limited liability company, or “LLC”, is an unincorporated business entity which is a cross between a corporation and a partnership. Like a corporation, an LLC protects its members from personal liability for the debts and obligations of the company. Like a partnership, an LLC is typically formed by the…

A limited partnership (LP) is a partnership among persons carrying on business in common. It is composed of a general partner (or partners) and one or more limited partners. The limited partners benefit from limited liability.In an LP, management is conducted by the general partner(s), who is/are fully liable for…

Mexico has always generally been one of the more complex countries for compliance matters due to many legal and accounting regulations. On January 1, 2019, the Federal Revenue Law 2019 became effective which has brought about new changes that businesses must be aware of in order to stay compliant. The…

Effective on March 1st, 2019, Luxembourg has enacted a register of Ultimate Beneficial Owner’s (UBO), implementing provisions of the fourth Anti-Money Laundering Directive dated May 20, 2015 (the “AML Directive”). The new register will record information on individuals having effective control in entities that are in Luxembourg which aren’t listed…