What our service includes
- Guidance on the documents required
- Assistance identifying the beneficial owners
- Preparation of the registration information
- Submission to CIPC
- Confirmation once the submission is complete
Who counts as a beneficial owner
In simple terms, a beneficial owner is a person who owns a meaningful share of the company or who exercises control over it, even if the shares are held through another entity or by a nominee.
For most small companies this is the founder or founders. Where a trust or holding company is involved, the people behind it usually need to be declared. We work through this with you.
Why it is checked
Banks and corporates increasingly verify that beneficial ownership information is on record before opening accounts or onboarding suppliers. Missing information can stall those processes.