Changes in the participating countries for the CRS Automatic Exchange of Banking Information 2025 compared to 2024

Overview: CRS participants / List of countries 2025

As of March 26, 2025 the Federal Ministry of Finance has published the updated list of CRS partner states published. Compared to the list from June 13, 2024 there are important changes that are relevant for banks, tax consultants and financial service providers.

Newly added countries (reportable from 2024)

• Armenia (AM)

• Belize (BZ) - previously only incoming reports, now also reports to the BZSt

• Cameroon (CM)

• Liberia (LR)

• Moldova (MD)

• Mongolia (MN)

• Montenegro (ME)

• Papua New Guinea (PG)

• Rwanda (RW)

• Senegal (SN)

• Trinidad and Tobago (TT)

• Uganda (UG)

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• Ukraine (UA)

Unchanged participating states

All countries previously listed in 2024 will continue to be part of the 2025 Common Reporting Standard (CRS).

Conclusion

In 2024, the list comprised 111 States and territorieswhile in 2025 it will be 123 participants was expanded. The inclusion of several African countries (Cameroon, Liberia, Rwanda, Senegal, Uganda) and Eastern European countries (Moldova, Ukraine, Montenegro) is particularly striking. The CRS thus continues to grow globally and strengthens the international Tax transparency.

Guidance for banks, financial service providers and tax consultants

1. Check list: Check the current CRS list of countries 2025to include new states.

2. Customize reportingAdd the reporting obligation for the new federal states.

3. Observe deadlinesNotifications for the 2024 registration period must be submitted by July 31, 2025 take place.

4. Ensure complianceUpdate internal processes and systems.

5. Inform customersInform customers of the extended reporting obligations.

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