On September 18, 2017 the new legislation for the prevention of money laundering and the financing of terrorism and for the limitation of the use of cash was implemented by the Belgian legislator (“AML-law”). This new legislation is a direct consequence of the (fourth) Anti-Money laundering Directive (i.e. Directive (EU)…

With all of the uncertainty surrounding Brexit, many proactive companies in the UK are getting a jump on their Brexit Strategy and forming entities in other EU countries. The reason many are doing this is to mitigate a disruption in business activities and they can resume as normal depending on…

Effective June 30, 2019, New Jersey Assembly Bill amends entity laws regarding annual fees and reinstatement. The bill increases annual report fees from $50.00 to $75.00 for profit entities and $25.00 to $30.00 for non-profit entities. The bill also provide a certain time frame (December 15, 2019 to June 15,…

The State of Delaware has recently passed new Business Entity Legislation. Please see below an update on the new Senate Bills that were recently passed: Senate Bill 88 – Corporations 1. Clarifies notice and consent requirements as well as signature requirements, including electronic signatures and electronic data/documents 2.

Secretary of State Barbara Cegevaske issued the following alert late July 11th to those conducting business in Nevada. “The Secretary of State’s commercial fling services will be unavailable starting the afternoon of Friday, July 12, 2019 in advance of the deployment of a new business processing system which is expected…

We will be exhibiting at The National Association of Legal Assistants (NALA) Annual Conference in Phoenix, Arizona on July 11th and 12th. If you are going to be in attendance, please visit us at booth 302 to say hello and pick up your free gift! We hope to see…

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…