Beneficial Ownership

Need to Submit Beneficial Ownership Details? We’ll Handle It for You
 
Stay compliant with the new CIPC laws by filing your Beneficial Ownership Disclosure — fast and accurately.
 
As of 2023, all South African companies are required to disclose their beneficial ownership information to the CIPC. Failure to do so can lead to non-compliance, fines, or delays in funding and tenders.
At Smartbook, we take care of the full process — from preparing your records to filing your disclosure — so you stay legal and worry-free.
 
How It Works
 
Make Payment – Secure your order with a once-off payment.
We Contact You – Our team gathers your shareholder and ownership details, drafts the BO form and supporting documents, and prepares your BO register.
Get Compliant – We submit your disclosure to CIPC, provide proof of submission, and guide you on future updates if ownership changes.
 
What’s Included
 
Full preparation of your Beneficial Ownership records
Completion and submission of your CIPC BO register
Drafting of the BO disclosure form (BO form + supporting documents)
Submission confirmation and proof of compliance
Ongoing support if ownership details change later
 
What Is a Beneficial Owner?
 
A beneficial owner is any individual who ultimately owns or controls 5% or more of a company, directly or indirectly. This includes directors, shareholders, or anyone with control over decision-making.
 
Who This Is For
 
All companies (except listed entities or certain state-owned ones)
New company owners unsure how to comply
Businesses applying for tenders or funding that require proof of BO disclosure
 
Turnaround Time
 
10 days (depends on how quickly we receive the necessary documents)