23 Feb UBO Register
The House of Representatives has introduced the requirement for the establishment of the UBO Register for Companies.
The Beneficial Owner of a company is defined as the person who ultimately owns or controls the company, directly or indirectly, indicated by a shareholding of 25% + 1 share.
Companies and their Directors have to submit the relevant information, seen below, of their companies’ Ultimate Beneficial Owners by 16th of March 2022:
- Name, Date of Birth, Nationality, Residency Address
- Identification Document details
- Nature & Extent of beneficial interest held
In order to submit the above details, the company or its directors, have to register an account on Ariadni Portal and complete the identification process at KEPO. For an online appointment at KEPO please click here.
For more information and assistance in fulfilling the UBO Register’s requirements, please, do not hesitate to Contact Us.