With the anticipated launch of the Online Business Registry System (OBRS), do you have a Licensed Registered Agent? The Belize Companies and Corporate Affairs Registry (BCCAR) is expected to implement their new digital transformation of company registration, the Online Business Registry System (OBRS) in December 2022. This system boasts to be a secure web-based solution
The Belize Companies Act 2022 was passed into law on August 5, 2022. Here are some of the key provisions of the Act that impose new requirements you will want to pay particular attention to. RE-REGISTRATION IS REQUIRED FOR CERTAIN COMPANIES Companies formed under the International Business Companies Act Cap 270 and the Companies Act
The United Kingdom Launches a Public Register of Beneficial owners and controllers The Register of Overseas Entities, created under the Economic Crime (Transparency and Enforcement) Act 2022 was launched on 1st August 2022. The Act intends to introduce a mandatory register of overseas entities that hold real estate in the United Kingdom to be maintained
The Government of Belize has announced the enactment of the new and eagerly awaited Belize Companies Act, 2022. In what is being described by practitioners as a major boost to the Belize Financial Services Industry, the Act streamlines, clarifies, and improves the administration of the affairs of Belize companies. In announcing the new legislation, the
The term “Application for Leave for Judicial Review” is a term you have heard on the news recently. If it rings a bell it’s probably because it is the central issue of the highly anticipated case of Stake Bank Enterprise Limited (“Claimant/Applicant”) v The Attorney General of Belize, The National Environmental Appraisal Committee (NEAC),
The answer to this question depends upon a variety of factors, all of which are set out in the case of Delia Andrews Hyde v. RF&G Insurance Company Limited, Civil Appeal No 1 of 2016. As is usual in cases involving insurance law, the short answer is, “It depends.” A slightly longer answer is that,
Virtual assets likely to be defined as to capture all crypto currencies, security tokens, utility tokens or other digital assets that is tradable or transferable, with the exception of digital fiat currencies. It may also be expressed as digital representation of value that can be digitally traded, transferred or used for payment; FATF’s rules apply
