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Beneficial Ownership

Beneficial Ownership

Discover who are the real owners of a company.

What is Beneficial Ownership?

The beneficial ownership allows you to identify the ultimate owners of a company.

According to the legal definition, a beneficial owner is a natural person(s) who ultimately owns directly or indirectly controls more than 25 percent of a corporate person's capital or voting rights or otherwise exercises direct or indirect control over a legal person.

What is Beneficial Ownership?

Why is it important to know the beneficial owner of a company?

Bound entities have to identify their customers' beneficial owner (article 4 of LAW 10/2010) before establishing business relations or executing of any operations.

Our services to find out the beneficial owner of a company will enable you to:

  • Comply with terrorism financing and money laundering prevention legislation (Law 10/2010).
  • Avoid reputational risks.
  • Obtain the pertinent information on the beneficial owner.
  • Get to know the type of participation (direct or indirect).
  • Access information on participant companies.
Why is it important to know the beneficial owner of a company?

We help you to comply with beneficial owners identification legislation.

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The Spanish Registrars Association and the General Council of Notaries' Beneficial Ownership Consultation Services

Bound entities can choose at INFORMA on whether they want to access the beneficial ownership enquiry service of the Spanish Registrars Association or that of the General Council of Notaries.

The Registrars' service obtains the information on beneficial ownership from the annual accounts filing forms. In contrast, at the Notaries' service are the notaries themselves those who enrich the database, as they are required to identify the owners of corporate persons and cannot authorise operations carried out by corporate persons without having identified their beneficial owner(s).

Do not hesitate to contact us and we would assess you on the service that best suits your needs.

The Spanish Registrars Association and the General Council of Notaries