As Beneficial Ownership regulations tighten, accurate and timely compliance is now imperative for professionals managing companies, trusts, or other legal entities. This webinar provides practical guidance to help you navigate the full scope of reporting requirements, understand the responsibilities imposed by law, and ensure alignment with CIPC, SARS, and the Master of the High Court.
The webinar unpacks the regulatory framework governing Beneficial Ownership in South Africa, including key provisions of the Companies Act, Financial Intelligence Centre Act, Trust Property Control Act, and General Laws Amendment Act. You’ll learn how to identify beneficial owners, determine what information to disclose, and manage ongoing compliance responsibilities. We’ll walk through the processes and documents needed to submit and update records across CIPC, the Master’s Office, and SARS—highlighting practical differences between simplex and complex structures. Real-world questions and common pitfalls will also be addressed, including how to deal with reinstatements and deregistered entities.
Key Topics Covered:
• What is Beneficial Ownership and why it matters
• Regulatory definitions and legal framework
• What CIPC, SARS, and the Master of the High Court require
• Supporting documentation and change submissions
• Differentiating between simplex and complex structures
• Common mistakes and how to avoid them
• Special cases.
• Accountants and tax practitioners
• Company secretaries and corporate governance officers
• Trustees and trust administrators
• Legal advisors and compliance officers
• Administrative professionals responsible for entity registrations or updates
• Anyone dealing with entity disclosures to CIPC, the Master, or SARS
