Filing Beneficial Ownership Information 2018-04-18T21:16:21+00:00

Filing Beneficial Ownership Information

In accordance with the Companies Amendment Law 2016 revision all registered companies must now maintain and file a Beneficial Ownership Register with the Registrar of Companies.

Ordinary companies have two options by which they can make their filings, if they are not using a Corporate Service Provider ( CSP) they can sign up to the Registry’s online portal CBP and submit their filings electronically or in the case where a CSP is being used then that service provider can also make the filing for the company.

 

Online Services

Company information can be maintained online using CBP. Sign in now to file.  –  Don’t have an account yet? Get started here.

Learn about Beneficial Ownership

What is a Beneficial Owner?

A beneficial owner is an individual who ultimately receives the benefits from the company’s activities. The Law considers any person who owns 25% or more of the shares of a company a beneficial owner.

What Information is required for Each Beneficial Owner?

  • Full legal Name
  • Residential Address
  • Date of birth
  • Identification – this can be in the form of a Passport, Driver’s Licence or any other Government issued photo identification.
  • The date on which the person became Beneficial Owner, or in the event where a person relinquishes beneficial ownership – the share date that person ceased being a beneficial owner.

NOTE: Another registered company can also be considered a Beneficial Owner – in such instances information for the individual(s) who own 25% of that entity must also file the above information.

When do I have to file Beneficial Ownership information by?

All companies must file their Beneficial Ownership information on or before 30th June 2018 in order to avoid penalties for non-compliance.

Is there a fee to file my Beneficial Ownership information?

 There is no fee.