The Madagascar Ministry of Economy and Finance, through the Directorate General of Taxes, signed four memoranda of understanding to support the effective use of data held in the Central Register of Beneficial Owners. The agreements establish cooperation with judicial, anti-corruption, business registration and notarial bodies to identify beneficial owners, cross-check information and detect inconsistencies. The partners are the Ministry of Justice’s Directorate General of Judicial Affairs, Studies and Reforms, representing the National Register of Commerce and Companies, the Independent Anti-Corruption Bureau, the Economic Development Board of Madagascar and the National Chamber of Notaries. Following the registry’s launch on June 16, 2026, the agreements move implementation beyond technical construction toward operational data use for combating money laundering, tax fraud and tax evasion. They are also intended to strengthen compliance with the standards of the Global Forum on Transparency and Exchange of Information for Tax Purposes and the Financial Action Task Force, while supporting information exchange with other jurisdictions.
2026-09-18Ministry of Finance (Madagascar)
Madagascar Ministry of Economy and Finance signs four agreements to operationalize beneficial ownership registry data
The Madagascar Ministry of Economy and Finance signed four agreements to enable operational use of the Central Register of Beneficial Owners. The partnerships will support data cross-checking, identification of beneficial owners and detection of inconsistencies for anti-money laundering, tax compliance and international information exchange purposes.