Belgian UBO register: tolerance period until 31 December 2019
Earlier, the deadline for the registration of ultimate beneficial owners (UBOs) of Belgian entities in the UBO register was postponed until 30 September 2019.
Yesterday, the Federal Public Service of Finance (FPS Finance) announced on its website that no further extension will be granted. Therefore, the formal deadline remains 30 September 2019.
The FPS Finance will however install a tolerance period until 31 December 2019. During this tolerance period, no sanctions will be imposed.
Barbara AlbrechtSenior associate Attorney at Law
Barbara Albrecht, attorney at law, is a member of the Loyens & Loeff Family Owned Business & Private Wealth Practice Group in Belgium and an associate in our Brussels office. She focuses on wealth and estate planning.T: +32 2 773 23 71 E: email@example.com
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