Beneficial Ownership Guidance
Please note: These guidance notes are not intended to be definitive legal advice and should not be relied upon as such. The interpretation of legislation is a matter on which the Guernsey Registry cannot advise and entities/individuals need to form their own independent view on compliance with the legislation. Independent legal advice is advised where there is any uncertainty.
The guidance notes on this page give information on the definition of beneficial ownership and how to file beneficial ownership submissions.
Filing beneficial ownership information
The Beneficial Ownership of Legal Persons (Guernsey) Law, 2017 came into force on 15 August 2017.
All Guernsey companies registered prior to 15 August 2017 are required to file their beneficial ownership information by 28 February 2018.
All Guernsey limited liability partnerships and foundations registered prior to 15 August 2017 are required to file their beneficial ownership information by 30 November 2017.
Resident agent exempt entities are not required to file a beneficial ownership declaration.
Resident agents of Guernsey companies, limited liability partnerships and foundations can file their beneficial ownership information at any time from 15 August 2017.
|Beneficial Ownership - Guidance for Guernsey Companies [3Mb]||Guidance primarily aimed at companies with simple ownership structures, for example local trading companies or property holding companies, including how to file online.|
|Beneficial ownership submissions - Using the 'Add/Remove BO Entity Details' form [2Mb]||Guidance on how to file a submission to add/remove beneficial owners on an entity using the Online Services Portal at www.greg.gg.|
Beneficial ownership definition and further information
The definition of beneficial ownership for the purposes of registration are set out in The Beneficial Ownership (Definition) Regulations, 2017.
The below guidance notes give detailed information on the definition of beneficial ownership, including complex ownership structures and examples.
|Guidance on the meaning of beneficial owner [526kb]||Detailed guidance on the meaning of beneficial owner, including example structures.|
|Guidance on nominee relationships [439kb]||Detailed guidance on nominee relationships, including filing requirements.|
|'Add Beneficial Owner' submissions - guidance on completing the form [319kb]|
Guidance on how to complete the 'Add Beneficial Owners' section of the online form - including information on how to complete the following fields:
1. Beneficial ownership category (for individual beneficial owners)
2. Capacity in which shares or rights held (for individual beneficial owners)
3. Percentage of shares or voting rights held (for individual beneficial owners)
4. Type of corporate beneficial owner (for corporate beneficial owners)
5. Percentage of shares or voting rights held (for corporate beneficial owners)
|Template Record of Beneficial Owners [110kb]||Template record of beneficial owners, to be kept at the registered office.|