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What is the Beneficial Ownership Declaration and why should I submit it in Austria?
What is the Beneficial Ownership Declaration and why should I submit it in Austria?
Updated over a week ago

Beneficial owners are the natural persons, who directly (1st level of participation):

  • Hold more than 25% of the company shares and/or

  • Hold more than 25% of the voting rights in the above mentioned company/partnership and/or

  • Otherwise exercise effective control over the assets of the company/partnership

Indirect Beneficial Owners are the natural persons, who indirectly (through affiliated companies, from the 2nd level participation):

  • Hold more than 50% of the company shares and/or

  • Hold more than 50% of the voting rights in the above mentioned company/partnership and/or

  • Otherwise exercise effective control over the assets of the company/partnership

Beneficial owners are the Senior Management in case no direct or indirect beneficial ownership is applicable.

The Beneficial Owner Declaration must be signed by the legal representative of the company in order to declare the identity of above natural persons.

To print the Βeneficial Οwner statement in English click here.

To print the Βeneficial Οwner statement in German click here.

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