Beneficial Ownership at CIPC

Please Note: When filing Beneficial Ownership at CIPC for Affected and Non-affected companies WITHOUT beneficial ownership to declare, no confirmation certificate will be available and you will receive a confirmation email from CIPC that the filing was done for the company.

Beneficial ownership in respect of a company means, an individual who, directly or indirectly, ultimately owns that company or exercises effective control over that company.

Anyone with more than 5% beneficial ownership of a company or close corporation must submit (file) the Beneficial Ownership Register with CIPC.

Any beneficial ownership / control below 5%, need not be declared.

Order the Beneficial Ownership at CIPC by CLICKING HERE

Types of beneficial ownership / effective control:

• The holding of beneficial interest in the securities of a company;
• Control over voting rights, or control over the exercise of voting rights associated with securities of a company;
• The exercise of the right to appoint / remove members of the board of directors of a company, OR control over the exercise of the right to appoint / remove board members;
• The holding of beneficial interests in the securities of a holding company, (through a subsidiary) OR the ability to exercise control (including through a chain of ownership) of a holding company through its subsidiary;
• The ability to exercise control, through a chain of ownership, of
  • (i) A juristic person other than a holding company of that company;
  • (ii) A body of persons corporate or unincorporated (i.e body corporate of an estate – NPC);
  • (iii) A person acting on behalf of a partnership;
  • (iv) A person acting in pursuance of a trust or agreement (i.e trustees, beneficiaries of trusts, beneficiaries of an agreement);
• The ability to otherwise materially influence the management of that company – effective control.
• State owned companies (SOC’s) will also be required to file Beneficial Ownership information, unless exempted by the Minister in terms of section 9(2) of the Companies Act.

Order the Beneficial Ownership at CIPC by CLICKING HERE

The following entity types are required to file Beneficial Ownership information, if applicable:

• Profit companies
• Non-profit companies
• External companies
• Close Corporations

Disclaimer

All Excel sheet and/or Word Document templates (“Templates”) are provided by MamelodiBiz (“We”, “Us”, “Our”) for the exclusive purpose of facilitating beneficial ownership submissions. By using these Template, you agree to the following terms and conditions:

Accuracy of Information: While we have taken every effort to ensure the accuracy and completeness of the Template, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the Templates or the information contained therein. Users are responsible for verifying the accuracy of all information and should not rely solely on the information provided in the Templates.

No Legal Advice: The Templates is not intended to provide legal, tax, or financial advice. Users should consult with their own legal, tax, or financial advisors to determine the applicability and implications of any information provided in the Templates.

No Liability: In no event will we be liable for any loss or damage including, without limitation, indirect or consequential loss or damage, arising out of or in connection with the use of the Templates.

Intellectual Property: The Templates and its contents are the property of MamelodiBiz and are protected by applicable intellectual property laws. Unauthorized reproduction, distribution, or modification of the Templates is strictly prohibited.

Indemnification: Users agree to indemnify and hold harmless MamelodiBiz , its affiliates, officers, directors, employees, agents, and licensors from and against any and all claims, damages, liabilities, costs, and expenses, including legal fees, arising out of or related to the use of the Templates.

Governing Law: These terms and conditions shall be governed by and construed in accordance with the laws of South Africa.

Amendments: We reserve the right to amend these terms and conditions at any time without prior notice. Users are encouraged to review these terms and conditions periodically for any updates.

By using this Templates, you acknowledge that you have read, understood, and agree to be bound by these terms and conditions.

Order the Beneficial Ownership at CIPC by CLICKING HERE