{"id":8733,"date":"2020-07-24T13:26:50","date_gmt":"2020-07-24T11:26:50","guid":{"rendered":"https:\/\/www.everestnotariaat.com\/update-entry-into-force-of-the-ubo-register\/"},"modified":"2026-03-10T13:55:49","modified_gmt":"2026-03-10T13:55:49","slug":"update-entry-into-force-of-the-ubo-register","status":"publish","type":"post","link":"https:\/\/everestnotariaat.com\/en\/update-entry-into-force-of-the-ubo-register\/","title":{"rendered":"Update entry into force of the UBO register"},"content":{"rendered":"<div class=\"et_d4_element et_pb_section et_pb_section_0  et_pb_css_mix_blend_mode et_section_regular et_block_section\" >\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_d4_element et_pb_row et_pb_row_0  et_pb_css_mix_blend_mode et_block_row\">\n\t\t\t\t<div class=\"et_d4_element et_pb_column_4_4 et_pb_column et_pb_column_0  et_pb_css_mix_blend_mode et-last-child et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><em>There is news related to the UBO-register! After the implementation of the UBO-register has been postponed several times, there now seems to be a date when the register will be implemented. <\/em><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div><div class=\"et_d4_element et_pb_row et_pb_row_1  et_pb_css_mix_blend_mode et_block_row\">\n\t\t\t\t<div class=\"et_d4_element et_pb_column_1_2 et_pb_column et_pb_column_1  et_pb_css_mix_blend_mode et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_image et_pb_image_0\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<span class=\"et_pb_image_wrap \"><img decoding=\"async\" src=\"https:\/\/www.everestnotariaat.com\/wp-content\/uploads\/2019\/04\/hacker-1952027_640.jpg\" alt=\"\" title=\"hacker-1952027_640\" \/><\/span>\n\t\t\t<\/div><div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\">The bill was adopted on 23 June 2020. Subsequently, the implementation act was published in the Dutch Bulleting of Acts and Decrees on 7 July. The associated decree establishing the date implementation shows that there are two important dates in relation to the UBO-register.<\/p>\n<p>This blog only reports about the dates of implementation, for an elaboration of the content of the UBO legislation I would like to refer you to our earlier blogs on this subject.<\/p>\n<p><span style=\"color: #ff9900;\"><strong>8 July 2020<\/strong><\/span><br \/>\nA number of changes were made on 8 July 2020. As of this date, article 2:290 of the Dutch Civil Code will stipulate that foundations must keep an internal register with details of beneficiaries with benefits of 25% or less. These beneficiaries do not qualify as UBOs, as there is only an UBO in the event of a distribution of more than 25%. The internal register as referred to in Section 2:290 of the Dutch Civil Code is therefore a separate register and exists in addition to the UBO register.<\/p>\n<p>In addition, the UBO definition, the obligation for legal entities to collect and keep up to date data on their UBOS and the cooperation obligation entered into force on 8 July.<\/div>\n\t\t\t<\/div>\n\t\t\t<\/div><div class=\"et_d4_element et_pb_column_1_2 et_pb_column et_pb_column_2  et_pb_css_mix_blend_mode et-last-child et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_2  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><span style=\"color: #ff9900;\"><strong>27 September 2020<\/strong><\/span><br \/>\nThe main changes will be implemented on 27 September 2020. This mainly concerns the amendment of the Trade Register Act, which includes the obligation to register UBO data. The Trade Register Act stipulates that existing registration obligators have 18 months from the entry into force of the Act to register their UBO data with the Trade Register. This means that the registration period ends in March 2022. In addition, from this date the verification obligation and the feedback obligation will be introduced.<\/p>\n<p>The amendments to the WWFT Implementation Decree and the Trade Register Decree have not yet been published in the Bulleting of Acts, Orders and Decrees. The date of implementation of the amendments to these decrees is therefore yet unknown.<\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There is news related to the UBO-register!<\/p>\n","protected":false},"author":5,"featured_media":10370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"slim_seo":{"title":"UBO Register Implementation Dates and Requirements","description":"Learn about the UBO-register implementation dates and requirements. Discover the key changes taking effect in July and September 2020 for legal entities and foundations."},"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-8733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geen-onderdeel-van-een-categorie"],"_links":{"self":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/8733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/comments?post=8733"}],"version-history":[{"count":0,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/8733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/media\/10370"}],"wp:attachment":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/media?parent=8733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/categories?post=8733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/tags?post=8733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}