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Seychelles Introduces New Beneficial Ownership Act - Corporate/Commercial Law


The Beneficial Ownership Act (hereinafter BO Act )
came into force in August 2020.
According to the provisions of the BO Act as well as the
Beneficial Owners Regulations, every Seychelles International
Business Company ( IBC ) should maintain adequate
information on Registry of the Company s BO.
One important feature of the definition of the BO according to
the new BO Act is the reduction in threshold for identification of
beneficial owners for legal persons from 25% (the IBC Act) to 10%
(under the BO Regulations).
The Register of the BO (hereinafter RBO ) should
include the following information in respect of every BO:
The name, residential address, ....

Seychelle International , Registry Of The Company , Business Company , Beneficial Ownership Act , Beneficial Owners Regulations , Intelligence Unit , Beneficial Owners , பதிவு ஆஃப் தி நிறுவனம் , வணிக நிறுவனம் , நன்மை பயக்கும் ஓநர்‌ஶிப் நாடகம் , நன்மை பயக்கும் ஓநர்ஸ் ஒழுங்குமுறைகள் , உளவுத்துறை அலகு , நன்மை பயக்கும் ஓநர்ஸ் ,