As part of anti-money laundering, terrorism financing, tax evasion and for the implementation of the international exchange of tax information, governments of different countries are taking legislative measures to increase the transparency of corporate structures. One example of successful implementation of such measures is the creation of registers of ultimate beneficiaries of legal entities in various jurisdictions. Now, in addition to information about the company itself in various registers, which we discussed in the previous article, interested parties will be able to get information about the ultimate owner of such a company.
UBO registers in different jurisdictions
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