Elimination of Bearer Shares

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Elimination of Bearer Shares

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On October 5, 2017, the Law No. 5,895 came into force, which establishes “Rules of transparency in the system of companies constituted by actions” This law eliminates the possibility of having bearer shares.

It is an important change in the legislation of Paraguay, since it has as its object, increase control over the final beneficiary and control of the legal persons

http://www.abc.com.py/edicion-impresa/economia/eliminacion-de-sa-contribuira-a-una-mayor-formalizacion-segun-analista-1630482.html

Author: admin

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