Harneys has developed an Economic Substance Reporting Solution to assist Trust Companies with their BVI Economic Substance reporting into BOSS.
The Reporting Solution is designed to help trust companies:
- Assess the position of all of the entities in their portfolio
- Determine which entities are in-scope
- Identify the additional information that is required for each entity
- Gather any missing data
- Conduct a bulk data upload into BOSS
The Reporting Solution allows for the information to be collected in one seamless step. All the data is stored in a secure, confidential and encrypted format and can easily be downloaded to allow the Trust Company to update their records and to allow for a simple bulk upload into the BOSS(ES) portal.
To find out more information or to use the Reporting Solution, contact us here.