Exemption from beneficial ownership reporting framework for a Private Company in the process of winding up

Once a company enters a winding-up/liquidation process, the company is no longer subjected to the register of beneficial ownership framework.  

However, if the winding-up process is stopped, the company will be subjected to the beneficial ownership reporting framework and the beneficial ownership information must be updated. 

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