Compliance of newly incorporated Public Companies with beneficial ownership reporting framework

Newly incorporated private companies will have sixty (60) days from the appointment of company secretary to ensure the beneficial ownership information is obtained and recorded in the register of beneficial owners. 

The 60-day period shall include the 14-day period to lodge the beneficial ownership information with the Registrar from the date of the record. 

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