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Age:Adults, young adults
Level:Intermediate +
Time:1030 mins
Aim:To review vocabulary for holiday activities;to encourage students to get to know each other; to talk about past events;higher levels
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What is alduts?
Alduts is the Annual Declaration of Ultimate Beneficial Owners and its purpose is to disclose the individuals who ultimately own or control a company.
Who is required to file alduts?
Companies and legal entities are required to file alduts to ensure transparency and prevent money laundering and financing of terrorism.
How to fill out alduts?
Alduts can be filled out electronically through a designated platform provided by the relevant regulatory authority.
What is the purpose of alduts?
The purpose of alduts is to increase transparency and accountability by identifying the ultimate beneficial owners of a company.
What information must be reported on alduts?
Information such as name, date of birth, nationality, address, and percentage of ownership must be reported on alduts.
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