Newsletter Vestius June 2022

The English version of this newsletter will be added soon.

Mandatory registration of Ultimate Beneficial Owners (‘UBO’)

As of 27 March 2022, organizations must register their UBO’s in the Commercial register. If an organization fails to do so, criminal and/or administrative sanctions may follow. If you have not done so already, take action quickly. In this article you can read who qualifies as UBO and what information you have to provide.

For information or advice on this subject please contact Lusine Shahbazyan or Helger Kamerman.