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ULTIMATE BENEFICIAL OWNERS DECLARATION FOR NOMINEESCompany Name for which Nominee Services will be provided :Full Name Of Ultimate Beneficial Owner of Company:Date of Birth:Place of Birth:Country.

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Beneficial ownership allows someone to benefit from assets that are actually held in the name of a company or other legal entity. This is most common for securities, which are typically registered with a broker where the beneficial owners are their customers.

The form includes identity information about your organization's beneficial owners that have a 25% ownership interest, identity information about one individual with managerial control and a signature of the person providing and certifying this information.

Remember, all individuals who, directly or indirectly, have 25% or more ownership interest in your company must be listed on the form and provide their information.

The beneficial ownership information is required when a new account is opened and/or a new loan is obtained. It may also be required if you request or conduct certain higher risk services, such as international wires. What if my company is publicly traded?

The person opening or updating a loan or account on behalf of a covered Legal Entity will be required to complete a “Certification of Beneficial Ownership.” By completing the form, the person present is attesting that the information provided is accurate to the best of their knowledge.

The rule describes who must file a BOI report, what information must be reported, and when a report is due. Specifically, the rule requires reporting companies to file reports with FinCEN that identify two categories of individuals: (1) the beneficial owners of the entity; and (2) the company applicants of the entity.

Under financial regulations, a beneficial owner is considered anyone with a stake of 25% or more in a legal entity or corporation. Beneficial owners can also be considered anyone with a significant role in the management or direction of those entities, or any trusts that own 25% or more of an entity.

Details of the beneficial owners required: Identification details: Name, I.D/birth certificate/passport number. Contact details: postal address, phone number, residential address, email address. Personal details: KRA Pin, nationality, date of birth, occupation. Date when they became a B.O. Date when they ceased being a B.O.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232