Need a Global Registered Agent Partner? Look No Further than IBCF
In the fast-paced world of business, maintaining compliance with state regulations and ensuring seamless operations is paramount. One essential component of this process is having a reliable registered agent. But why should your firm partner with our registered agent service? Let’s explore the crucial role of a registered agent and…
International Due Diligence Searches
Legal due diligence is a crucial step in assessing the financial and legal health of a corporation. Whether you’re involved in mergers and acquisitions, entering into a business partnership, or simply ensuring compliance, conducting thorough due diligence searches is essential. Let’s explore the key types of legal due diligence searches…
Understanding Apostilles and How we can Help!
In today’s globalized world, the need for authenticating documents for use in foreign countries is more crucial than ever. This is where an apostille comes into play. But what exactly is an apostille, and why should you choose our service company to handle your next request? Let’s delve into the…
UK sets out enforcement regime for Register of Overseas Entities
UK Companies House issued new guidance on its approach to compliance and enforcement in respect of the Register of Overseas Entities that was introduced under the Economic Crime (Transparency & Enforcement) Act (ECTEA) to capture information about beneficial ownership of Overseas Entities that own UK land. Under the ECTEA,…
UK Companies House sets out process for removal from Register of Overseas Entities
UK Companies House announced that it had set up a procedure to enable foreign companies that were no longer the registered owners of relevant property or land in the UK to apply to be removed from the Register of Overseas Entities (ROE). Under the Economic Crime (Transparency &…
5 Things to Know about Corporate/Individual Searches in Costa Rica
IBCF, your premier global corporate service provider brings you 5 things to know about the information available from public record searches on an individual or company in Costa Rica. 1. The Costa Rican public registry is a centralized national entity, unlike the regional systems found in some other countries.
Cayman fully implements record keeping rules for company management licensees
The Cayman Islands’ Rule and Statement of Guidance on the Nature, Accessibility and Retention of Records for Licensees Conducting the Business of Company Management was brought into full effect for all licensees. The Rule and Statement of Guidance (Rule and SOG) is designed to establish minimum requirements for licensed…
Jersey consults on proposed central register access for obliged entities
The government of Jersey opened a consultation on draft legislation concerning obliged entity access to Jersey’s central register of beneficial ownership and control. Proposed access will be for persons obliged to conduct customer due diligence (CDD) under the Money Laundering (Jersey) Order 2008. In 2022, the government of…
BVI Updates Economic Substance Rules
The BVI International Tax Authority (ITA) issued a new Version 4 of the Rules on Economic Substance (ES), which replaces the previous version released in February 2023. The new ES Rules primarily provide an update to Rule 5, in which the United Arab Emirates (UAE) has been removed from…
Did a US District Court rule the Corporate Transparency Act to be unconstitutional?
1 March 2024, the US District Court for the Northern District of Alabama held that the Corporate Transparency Act (CTA) was an unconstitutional exercise of congress’s enumerated powers because it represented an inappropriate federal intrusion to the regulation of state-created and regulated enterprises. The CTA, which came into force…