Czech Republic Changes in Insurance, UBO, and Reporting Policies

Czech Republic Changes in Insurance, UBO, and Reporting Policies

  • 5:04 pm

The Czech Republic has introduced several changes in insurance, UBO, and reporting policies for the year of 2021. As of January 1st, 2021, the income base amount for health insurance contributions has been raised by CZK 500. The threshold for health insurance participation which had been previously set at CZK 3,000 is now at CZK 3,500.

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Ultimate Beneficial Owner Filing Requirements in Italy

Ultimate Beneficial Owner Filing Requirements in Italy

  • 9:52 pm

Ultimate beneficial ownership filing requirements in Italy mandates that all companies operating in Italy are required to report and maintain an ultimate beneficial owner. The Legislative Decree 231/2007 has proposed a mandate that all business entities must file information pertaining to beneficial ownership (“UBO”) by March 15, 2021.

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