Registration of Beneficial Ownership with the CIPC
Amendments to the Companies Act 71 of 2008 require that all entities register their beneficial owners (i.e. shareholders) with the CIPC by 1 October 2023.
R1,800.00 inc. VAT
| Needed for | Private Companies – (Pty) Ltd; Close Corporations – CC; Non-Profit Companies – NPC |
|---|---|
| Registered with | The CIPC |
| Done By | A professional paralegal |
Key Points
- It is a requirement for all: - Private Companies - (Pty) Ltd;- Close Corporations - CC;- Non-Profit Companies - NPC
- The deadline is 1 October 2023
FAQ's regarding ultimate beneficial ownership
Who are the beneficial owners of an entity?
The individuals who ultimately own or control a company, either directly or indirectly, by holding a beneficial interest of 5% or more in the company or share class. Typically, these are the shareholders of a company or members of a close corporation.
What happens after checkout?
After checkout we will send you a comprehensive questionnaire for you to complete containing all the information that we require to register the beneficial owners of your entity.