Deadline for UBO Registration Extended Until 30 September 2019
18/02/2019

Last October, we informed you that the Federal Public Service for Finance (“FPS Finance”) had extended the initial deadline to comply with the Royal Decree of 30 July 2018 introducing a UBO register in Belgium from 31 November 2018 until 31 March 2019. On 13 February 2019, the FPS Finance announced that the deadline has been extended yet again, this time until 30 September 2019.

There are two main advantages to this second extension. On the one hand, this second extension gives the FPS Finance more time to clarify essential practical issues not covered by the current version of the FAQ or the applicable legislation (e.g. available exemptions from the filing obligation, identification of the UBO(s) of a Belgian company ultimately owned by a Dutch stichting administratiekantoor, calculation of the shareholding in the event of a separation of the attributes of ownership, etc.). In addition, Belgian entities (i.e. Belgian companies, non-profit associations, foundations, trusts, fiduciaries and similar structures) have more time to accurately identify their UBO(s), gather the requisite information and file it with the UBO register.

Furthermore, it should be noted that the FPS Finance only recently made available, on 16 January 2019, the application that allows a natural or legal person from outside a company (e.g. an auditor, tax advisor, legal advisor, natural or legal entity) to enter information in the UBO register on the company's behalf.

The company's legal representative can grant such an authorisation to an external party using the application available here, where explanatory videos (demos mandats/demo’s mandaten) and a user guide (aide en ligne/help online) can also be found, in French and Dutch.

It is hoped that an updated FAQ and a user guide or practical guidelines will be issued by the end of February, in order to allow Belgian entities to move forward with registration.

Zie ook : NautaDutilh ( Mrs. Philippine De Wolf ,  Mrs. Vanessa Uwamahoro )

[+ http://www.nautadutilh.com]

Mrs. Philippine De Wolf Mrs. Philippine De Wolf
Partner
philippine.dewolf@nautadutilh.com
Mrs. Vanessa Uwamahoro Mrs. Vanessa Uwamahoro
Associate
vanessa.uwamahoro@nautadutilh.com

Click here to see the ad(s)
Alle artikels Vennootschapsrecht

Laatste artikels Vennootschapsrecht

Most commonly used unregulated real estate investment vehicles in Belgium
23/01/2020

On 1 January 2020, the mandatory provisions of the Code for Companies and Associations or "BCAC" entered into fo...

Most commonly used unregulated real estate investment vehicles in Belgium Read more

Wat met de modelcontractbepalingen voor internationale doorgifte?
15/01/2020

Op 19 december 2019 bevestigde Advocaat-Generaal bij het Hof van Justitie Saugmandsgaard Øe de geldigheid van de mo...

Wat met de modelcontractbepalingen voor internationale doorgifte? Read more

Code of Companies and Associations: What changes on 1 January 2020?
10/01/2020

Since May 2019, Belgium prides itself on a modern Code of Companies and Associations (CCA). The legislature provided for a...

Code of Companies and Associations: What changes on 1 January 2020? Read more

​Opfrissing hervorming vennootschapsbelasting: maatregelen van toepassing vanaf 2020
02/01/2020

In wat volgt bezorgen wij u bij wijze van opfrissing een kort overzicht van de voornaamste maatregelen die door de hervorm...

​Opfrissing hervorming vennootschapsbelasting: maatregelen van toepassing vanaf 2020 Read more

Laatste artikels van Mrs. Philippine De Wolf

UBO Update: Administrative Tolerance until 31 December 2019 and Last-Minute Changes Before the R...
25/09/2019

The UBO registration deadline of 30 September 2019 is fast approaching. However, the FPS Finance announced yesterday that ...

Read more

Belgian UBO Register Update
26/04/2019

In mid-February, we informed you that the Federal Public Service for Finance (“FPS Finance”) had once again po...

Read more

Belgian Entities Required to Disclose their UBOs before 30 November 2018
28/08/2018

This newsletter gives a brief overview of the practical aspects of a new obligation for Belgian entities to gather informa...

Read more

Belgian REITs - Impact of the 2018 reform
07/06/2018

The Belgian government has demonstrated its commitment to making the Belgian real estate market more attractive by further...

Read more

Laatste artikels van Mrs. Vanessa Uwamahoro

LexGO Network