Beneficial ownership is becoming increasingly important in the fight against fraud. In South Africa, the Companies and Intellectual Property Commission (CIPC) has implemented a new system for registering beneficial owners. Such notification is essential to any legal entity operating in South Africa, and it helps to guarantee transparency and accoun

The Legislation governing beneficial ownership regarding South Africa are designed to promote transparency and mitigate financial crime. A beneficial owner is an individual or structure that ultimately holds control over a legal entity. Unveiling these individuals is crucial for compliance purposes and helps reveal the true beneficiaries behind com