Beneficial Ownership 2025
Presenters : Jolene Grenfell
Overview
Beneficial Ownership compliance is no longer optional – it is a legal requirement. Accountants, company secretaries, trustees, and administrative professionals must ensure that Beneficial Ownership information is submitted correctly, updated timeously, and aligned with the latest regulatory expectations. This webinar will direct you through the essential principles, reporting requirements, and compliance processes to ensure your practice or organisation remains legally protected. You will be shown how to handle both simplex and complex entities, which documents to use, and how to respond to common challenges when dealing with the CIPC, Master of the High Court, and SARS.
Join Jolene Grenfell as she unpack the evolving regulatory requirements around Beneficial Ownership. This foundational-level session will provide you with practical insights, legislative context, and hands-on guidance to help you remain fully compliant. You will leave with a clear understanding of your role in the Beneficial Ownership chain and the potential consequences of getting it wrong.
Learning objectives
By attending this webinar you will gain the following competencies and knowledge:
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Gain an awareness of and an understanding of Beneficial Ownership.
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Acquire full knowledge of the general information the CIPC, Master and SARS requires you to lodge with them.
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Competently lodge information and documents for beneficial ownership as required by the CIPC, Master and SARS.
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Be able to correctly and adequately submit any change in beneficial ownership information to the CIPC, Master and SARS.
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Have full knowledge of the consequences of non-compliance.
Content
The webinar will cover the following topics:
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Origin of Beneficial Ownership and what is Beneficial Ownership.
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Definitions of Beneficial Ownership in terms of the Regulators of South Africa and legislation: Companies Act 71 of 2008 (as amended), Financial Intelligence Centre Act 38 of 2001, as amended, General Laws Amendment Act 22 of 2022, The Trust Property Control Act, 1988.
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Supporting documents to use and when to use them.
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Simplex entities vs Complex Entities
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Frequently Asked Questions and their Answers
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Deregistered entities and re-instatements