Exemption from beneficial ownership reporting framework for a Private Company

Currently there are no exemption given to any private companies under section 60E of the Companies Act 2016 as there are no other written law that imposes similar requirements as the new Division 8A.  As such, all companies must fully comply with the beneficial ownership reporting framework under the Companies Act 2016.​

More information :

1. Guidelines for the Reporting Framework for Beneficial Ownership of Companies
2. Case Studies and Illustrations of the Guidelines for the Reporting Framework for Beneficial Ownership of Companies
3. Electronic Beneficial Ownership System ​(e-BOS)​​
4. Companies (Amendment) Act 2024
5. ​Practice Directive No. 9/2024: Lodgement of Beneficial Ownership Information under the Companies Act 2016 Through e-BOS
6. FAQ Beneficial Ownership​​
7. FAQ Companies (Amendment) Act 2024