Ownership Disclosure Statement is a document used to disclose the ownership of a company or organization. It typically includes information about the company's shareholders, directors, officers, and other stakeholders. The statement is used to ensure transparency and compliance with applicable laws, regulations, and standards. It is also used to protect the rights of investors, creditors, and other third parties. There are two main types of Ownership Disclosure Statement: the Statement of Beneficial Ownership and the Statement of Direct Ownership. Statement of Beneficial Ownership provides information about the beneficial owners of the company, including shareholders who hold more than 5% of the company's equity. Statement of Direct Ownership discloses the direct ownership of the company, including shareholders who hold more than 10% of the company's equity.