Post by account_disabled on Dec 24, 2023 6:50:48 GMT
Amust now register their legal owners as well as beneficial owners with the Danish Business Authority. A beneficial owner is defined as a natural person who ultimately directly or indirectly owns or controls a sufficient part of the shares or voting rights or who exercises control by other means with the exception of the owners of companies which are traded in an already regulated market. When a natural person owns or controls approximately or more of the company that person is its real owner.
An exact threshold has not yet been established and in terms of shares Country Email List or voting rights not only these determine a natural person to be the real owner of a company. If for example a natural person owns of the share capital and has the right to appoint the members of the management the natural person can be considered as a true owner. In general most of the companies that fall under the incidence of the law must provide information about the real owners and including information about their rights. If the real owners cannot be identified the members of the executive board the members of the board of directors or the daily management must be registered.
Foundations and associations are excluded from this rule. When a company finds that a natural person has become the real owner or the previously registered persons data has changed the company must register the new data with the Danish Business Authority as soon as possible. Companies must keep the information about their real owners for another years after they lose their rights. to the General Prosecutor of what is needed for special economic crimes or to other public authorities. This information must be registered on the website of the Danish Business Authority by December . SOURCE LEXOLOGY Leave a reply Your email address will not be published. Mandatory fields are marked with Comment.
An exact threshold has not yet been established and in terms of shares Country Email List or voting rights not only these determine a natural person to be the real owner of a company. If for example a natural person owns of the share capital and has the right to appoint the members of the management the natural person can be considered as a true owner. In general most of the companies that fall under the incidence of the law must provide information about the real owners and including information about their rights. If the real owners cannot be identified the members of the executive board the members of the board of directors or the daily management must be registered.
Foundations and associations are excluded from this rule. When a company finds that a natural person has become the real owner or the previously registered persons data has changed the company must register the new data with the Danish Business Authority as soon as possible. Companies must keep the information about their real owners for another years after they lose their rights. to the General Prosecutor of what is needed for special economic crimes or to other public authorities. This information must be registered on the website of the Danish Business Authority by December . SOURCE LEXOLOGY Leave a reply Your email address will not be published. Mandatory fields are marked with Comment.