We are dedicated to delivering transformative and client-centric solutions that simplify complexity and provide clarity. Learn more about our online solutions and easy-to-use apps that help us show our legal expertise more quickly and efficiently. More of these are planned.
A free tool designed to help users determine if their entity is a "virtual asset service provider" (VASP) under the BVI AML Regime.
Automated transaction assessment of cross-border arrangements followed by bespoke data collection guaranteeing accurate reporting to relevant tax authorities for entities incorporated in Cyprus and Luxembourg.
A simple and cost-effective way for BVI companies and limited partnerships to classify an entity and receive real-time, tailored, legal advice to prepare an entity and its registered agent for compliance and reporting obligations.
Economic Substance Classification Solution
Faced with the somewhat daunting task of classifying and reporting on the economic substance status of all the BVI entities in their portfolio, our client asked us to use our innovative online Economic Substance Classification Solution and Data Reporting Tool. Our Economic Substance team were able to provide the client with their own secure and encrypted client portal, from which they could send their clients a link to the classification solution, monitor progress, collect the results of classification and report results to BOSS(ES) – all in an automated and seamless way.
What's happening in the technology and innovation space at Harneys? We are delighted you asked.