Harneys launches solution to assist Trust Companies with BVI Economic Substance reporting

Harneys has developed an Economic Substance Reporting Solution to assist Trust Companies with their BVI Economic Substance reporting into BOSS.

The Reporting Solution is designed to help trust companies:

• Assess the position of all of the entities in their portfolio
• Determine which entities are in-scope
• Identify the additional information that is required for each entity
• Gather any missing data
• Conduct a bulk data upload into BOSS

The Reporting Solution allows for the information to be collected in one seamless step. All the data is stored in a secure, confidential and encrypted format and can easily be downloaded to allow the Trust Company to update their records and to allow for a simple bulk upload into the BOSS(ES) portal.

To find out more information or to use the Reporting Solution, contact us here.