Curacao's Ministry of Finance announced at the end of March 2026 that the Tax Inspector has now begun imposing administrative penalties on entities that have failed to comply with the ultimate beneficial ownership (UBO) registration requirements. As previously reported, Curacao published the National Decree on UBO Registration in the Official Gazette on 7 June 2024, which established an ultimate beneficial owner (UBO) register managed by the Chamber of Commerce and Industry (UBO Registry). E…