The Ultimate Beneficial Owner is the individual who ultimately owns or controls a company, even if the ownership is exercised through a chain of legal entities.
Why UBO Matters
Many jurisdictions require disclosure of UBOs to combat tax evasion, money laundering, and fraud. Non-disclosure can result in legal and financial penalties.
How HSP Group Can Help with UBO Compliance
HSP Group assists in identifying and registering UBOs according to local laws. Our Entity Management team can ensure proper documentation and ongoing monitoring.