Single Registry of Final Beneficiaries -RUB-

“The National Government regulated the obligation to report the ultimate beneficial owners of legal entities or structures without legal status in the Single Registry of Ultimate Beneficial Owners -RUB-, to comply with the commitments acquired with the OECD in terms of transparency, exchange of information, fight against money laundering and terrorism financing.”

Bear in mind that this obligation must be fulfilled electronically no later than July 31 of 2023, to prevent the application of the penalties set forth in articles 658-3 and 651 of the Tax Code.

If you want to delve deeper into this topic, do not hesitate to contact us at the following email: tributario@lloredacamacho.com

Author: Luis Felipe Paredes I fparedes@lloredacamacho.com I Tax Law / Juan Fernando Díaz I fdiaz@lloredacamacho.com I Tax Law