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Bahamas Provides Penalty Relief for Meeting Substance Requirements

|Approved Changes|Bahamas
Bahamas

The Bahamas has announced penalty relief until 31 January 2021 for entities to meet their requirements under the Commercial Entities (Substance Requirements) Act.

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Over 17,500 entities have successfully completed their 2019 reporting under the new Commercial Entities (Substance Requirements) Act, 2018, which was due at the end …

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