What is Beneficial Ownership and Why is it Important To Entrepreneurs? скачать в хорошем качестве

What is Beneficial Ownership and Why is it Important To Entrepreneurs?

Do you know what beneficial ownership is? In this video, we'll discuss the key concepts of beneficial ownership in South Africa. We'll cover what beneficial ownership is, who a beneficial owner is, whether a company or trust can be a beneficial owner, who can file into a beneficial ownership register and more. Beneficial ownership is important because it can help to identify the individuals who have control over a legal entity and who may be responsible for its activities. In South Africa, the Companies and Intellectual Property Commission (CIPC) recently implemented a new beneficial ownership regime. This means that all companies and close corporations in South Africa are now required to file information about their beneficial owners with the CIPC. Beneficial ownership is an important tool for preventing illicit activities, and it is important for businesses to be aware of their obligations to comply with beneficial ownership requirements. If you have any questions, please don't hesitate to ask in the comment section below. Like the video and feel free to subscribe to this channel to not miss any of our future videos. ------------------------- VIDEO TIMESTAMPS: 01:53 - Understand what beneficial ownership is 02:25 - Who is a beneficial owner? 02:51 - Can a Company/Trust be a beneficial owner? 03:12 - Who can file into a beneficial ownership register? 03:34 - Does a filer need to present a mandate in order to file the Beneficial Ownership information? 03:56 - Is there a limit on the number of beneficial owners I can add to the register? 04:27 - What is the minimum threshold before the person can be a beneficial owner? ------------------------- ABOUT BRENDMO ACCOUNTANTS: Brendmo Accountants is a growing auditing and accounting firm in South Africa. Our services include accounting, auditing, and advisory. human resources, advisory, secretarial, tax, etc. Visit our website to learn more @ https://www.brendmo.com/ ------------------------- FOLLOW BRENDMO ACCOUNTANTS: Website Blog: https://www.brendmo.com/blog/ Facebook: ​  / brendmoaccountants   LinkedIn:   / brendmoaccountants   ------------------------- CONTACT BRENDMO ACCOUNTANTS: 📧 https://www.brendmo.com/contact-us/ 📱 Tell: 011 026 3052