In the context of the economic substance legislation, you need to firstly know whether your entity is conducting “relevant activities”. According to the European Union, there are nine such “relevant activities”, covering a broad range of industries and businesses. Further, depending on your entity type, the extent of substance required will also vary.
In the fifth video of the series, Simon Filmer, Global Lead, Company Formation, and Michael Thomas, Global Head of Information Reporting Services, break down what “relevant activities” are.
Alternatively, you can make an enquiry by clicking the button below, and our teams will get back to you shortly:
Top 10 webinars of 2020
15 Dec 2020
After a year of uncertainty, one thing is clear: the impact of the pandemic and other geopolitical and economic shifts can be felt on a global scale. To help you navigate these turbulent times, we’ve selected 10 of our most popular webinars from this year. Each provides…
Practical Considerations for Migrating BVI and Cayman Islands entities into Singapore – Part 1
21 Sep 2020
Economic substance health check for multinational companies
09 Jul 2020
Webinar: Are you ready for Economic Substance?
20 Feb 2020
How can companies demonstrate ‘substance’, and how can Vistra help?
10 Sep 2019
What is the EU List, and what does it mean to be on the EU’s 'Blacklist' and 'Greylist'?
04 Sep 2019