How to identify the Criteria for Beneficial Owner of Companies ? 51%? 30% or 20%.
You will be surprised 😢 with the threshold for BO

SecKtp KtpAugust 17, 2020BO, SSM, Benficial Ownership

The Companies Commission of Malaysia (SSM) has issued the Guideline for the Reporting Framework for Beneficial Ownership of Legal Persons. This guideline has already come into force. Companies, limited liability partnerships and businesses have up to 31 December 2020 to obtain and update their beneficial ownership information.

SecKtp KtpAugust 14, 2020SSM, CA2016, BO