4 ms·
A lot of jurisdictions do maintain a beneficial owners database (e.g. Companies House in the UK maintains a list of all companies) but often these are not publi
by sealeck 3y ago
A lot of jurisdictions do maintain a beneficial owners database (e.g. Companies House in the UK maintains a list of all companies) but often these are not public. For example the ECJ recently made these illegal in the EU (see e.g. https://www.ft.com/content/e4b31a4e-a79d-40f7-8a19-c1e451a95c4b https://www.ft.com/content/e4b31a4e-a79d-40f7-8a19-c1e451a95...).
- Animats 3y agoThat may clash with the European Directive on Electronic Commerce for businesses which do anything online. If you just have a shell company to own your yacht, that may be entitled to privacy, but if you do transactions online within the EU, the entity has to be properly identified.[1] [1] https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:32000L0031:EN:HTML https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX...