An existing client is starting a new business as a spin off to their existing business but it will be dealing with manufacturing companies in China. The clients brother in law is a Chinese national and they want to set up a limited company together.
I currently use the money laundering check in Accountancy Manager and also take a copy of a clients passport or drivers licence together with a utility bill. Could anyone advise what additional steps I need to take for this non-UK individual, if any? Chances are we'll also end up having to do a tax return for them if the business makes any money and pays out anything to them.