Woninghuur in Vlaanderen en Brussel:
het antwoord op 25 praktijkvragen
Mr. Ulrike Beuselinck en mr. Koen De Puydt (Seeds of Law)
Webinar op dinsdag 27 augustus 2024
HR-aspecten bij M&A transacties
Mr. Nele Van Kerrebroeck (Linklaters)
Webinar op donderdag 16 mei 2024
Ondernemingsstrafrecht:
wat wijzigt er door boek I en boek II van het Strafwetboek?
Mr. Stijn De Meulenaer (Everest)
Webinar op dinsdag 11 juni 2024
Consumentenbescherming bij de verwerving
van financiële diensten: de laatste ontwikkelingen (optioneel met handboek)
Prof. dr. Reinhard Steennot (UGent)
Webinar op donderdag 30 mei 2024
Vereffening-verdeling van nalatenschappen:
16 probleemstellingen
Mr. Nathalie Labeeuw (Cazimir)
Webinar op vrijdag 26 april 2024
Aandeelhoudersovereenkomsten
in het licht van de nieuwe wetgeving
Mr. Michaël Heene (DLA Piper)
Webinar op vrijdag 31 mei 2024
UBO register : deadline for registration postponed (Loyens & Loeff)
Authors: Saskia Lust, Barbara Albrecht and Stephanie van Gils (Loyens & Loeff)
Date of publication: 26/09/2018
The Federal Public Service Finance (hereafter: FPS Finance) has published Frequently Asked Questions (hereafter: FAQ) to clarify the new Belgian UBO register for the registration of ultimate beneficial owners (hereafter: UBO) of Belgian companies and foundations.
For more information on the UBO register, we refer to our previously published article “Ultimate beneficial owners become public in the UBO register”.
Deadline for registration postponed
Companies and foundations had to register before 1 December 2018, according to the Royal Decree of 30 July 2018 (published in the Belgian Official Gazette on 14 August 2018). The FPS Finance has published a new deadline on the website. According to the website, 31 March 2019 is the final date. However, the FAQ, posted on the same website, refer to another date, i.e. 31 January 2019. This inconsistency causes uncertainty.
Update of information
Companies and foundations have to provide the UBO register with adequate, accurate and current information. Any change must be notified within one month. The accuracy of the information needs to be confirmed annually.
External mandate
Companies and foundations can mandate an external third party to fulfil the obligation to register.
Sanctions
If a company or foundation is not registered in time and/or the provided information is incorrect or incomplete, fines up to € 50.000 can be due.
Uncertainty
The deadline for registration is now uncertain. The FAQ contain additional inconsistencies with the Royal Decree of 30 July 2018, for example with regard to the definition of indirect UBO.
These FAQ create more questions than answers. Clear and consistent guidelines are required.
» Bekijk alle artikels: Successie & Vermogen, Vennootschappen & Verenigingen