At what ownership level is someone considered a beneficial owner under the Transparency Act?
Antwort
Under the Transparency Act, a natural person is considered a beneficial owner when they hold at least 25% of the capital or voting rights of a company. This threshold applies to both direct and indirect holdings – regardless of whether the holding is held alone or in concert with others. Important: Even without reaching this ownership level, someone can be considered a beneficial owner if control by other means exists – for example through veto rights or the right to appoint the majority of the board of directors.
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Is the Communication Generator free to use?
Yes. The Communication Generator is free to use.
Does every shareholder or member qualify as a beneficial owner?
No. The fact that a company requests information from a shareholder or member does not automatically mean that this person is a beneficial owner. Indirect structures, acting in concert and other means of control may also be relevant.
Does the Communication Generator identify the beneficial owners?
No. The generator supports communication and information gathering. The actual assessment of who qualifies as a beneficial owner and who must be reported to the transparency register takes place afterwards. Konsento’s Transparency Register Reporting Assistant can be used for this assessment.