EXPLORING BENEFICIAL OWNERSHIP IN SOUTH AFRICA: A COMPREHENSIVE GUIDE

Beneficial ownership revelation is gaining momentum globally, and South Africa is no exception. The journey to uncover beneficial ownership structures within the country aims to combat illicit financial flows and promote transparency. This comprehensive guide will delve into the complexities of beneficial ownership in South Africa, explaining key l

The Legislation governing beneficial ownership in South Africa are designed to ensure transparency and mitigate financial crime. A beneficial owner is an individual or structure that ultimately holds control over a legal entity. Identifying these individuals is crucial for regulatory purposes and helps uncover the true stakeholders behind companies