From January 1 to March 1, 2023, all legal entities must submit a declaration of beneficial owners. About 78,000 limited liability companies and 11,000 non-commercial organizations are required to submit a declaration.
The Freedom of information center of Armenia, identified the main questions regarding the real beneficiaries and prepared animated videos presenting the answers with the support of the Center for International Private Enterprise (CIPE).
- №1 Which companies and when is the deadline to submit the declaration?
- №2 Who is the Beneficial Owner (BO)?
- №3 How to update BO data?
- №4 How to identify the beneficial owners of the organization?
- №5 What are the main benefits to identify beneficial owners?
- №6 What are the legal consequences for violating beneficial ownership disclosure rules?
- №7Where are beneficial ownership declarations published and is the personal data of beneficial owners protected?
- №8 Where and in what order should the beneficial ownership declaration be completed?
- №9 How to complete the beneficial ownership declaration?
- №10 How to complete the beneficial ownership declaration?
The video was produced within the framework of the project “Corruption Undermines the Development of Beneficiary Transparency” implemented by the Freedom of information center of Armenia, with the support of the Center for International Private Enterprise (CIPE).
