Tag Archives: ultimate beneficial owners

Beneficial owner term A beneficial owner is a natural person who owns the benefits of ownership even though right to some form of business is in another name. It also indicates any individual or group of individuals who, both directly or indirectly, has the ability to vote or control the transaction decisions regarding specific security, such as shares in a company In the event of natural person holds at least 25 % shares in the company, he is treated as a beneficial owner.   Most of the companies have only 1 director and 1 shareholder with 100% shares.    In this scenario, the beneficial owner is the 100% shareholder, who are together the director of the company. Look at the other example.    Company has 5 shareholders: A keeps 20% shares, B – 30%, C-30%, D – 10% and E – 10% shares  in the share capital of the company.  Who…

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