The State Gazette, Issue 25 publishes the procedure for entry in the Commercial Register of beneficiary owners of companies registered in preferential tax regime jurisdictionsAfter the entry into force of 1 January this year of so called The Offshore Law with a long name "The Act on the economic and financial relations with companies registered in preferential tax regime jurisdictions, the persons related to them and their beneficial owners" which prohibits the access of these companies to public funds and management financial resources in the State Gazette No. 25 was promulgated amendments by Ordinance № 1 of 2007 for keeping, storing and accessing commercial register.
Changes in the Ordinance govern the order in which will be announced in Commercial register circumstances regarding the beneficial owners of companies registered in jurisdictions with preferential tax regime.
The entry:
- of Identification data of the beneficial owner;
- of Identification details of the company registered in a jurisdiction with preferential tax regime
- and the circumstances under Art. 4 of the Law
shall take place in the field № 17 "Special Conditions".
Announcements for entering the circumstances will be submitted on the application form under applications "A", according to art. 6 of the Ordinance.
The Registry Agency publishes on its website a model of Declaration under art. 6, para. 2, approved by the Minister of Justice.
There are no comments at the moment.