CIPC BO (Beneficial Ownership)

CIPC's Beneficial Ownership (BO) register, launched on April 1, 2023, aims to identify and record the individuals who ultimately own or control a company or legal entity.

• Beneficial ownership refers to the individuals who, directly or indirectly, own or control a company, even if their names aren't listed on official records.
• It's about identifying the natural persons who ultimately hold the power and benefit from a company's operations.