{"id":6445,"date":"2020-10-04T22:22:19","date_gmt":"2020-10-04T19:22:19","guid":{"rendered":"http:\/\/virtualofficeinestonia.com\/?post_type=ufaq&#038;p=6445"},"modified":"2025-08-06T17:25:34","modified_gmt":"2025-08-06T14:25:34","slug":"who-is-the-real-beneficiary-of-the-company","status":"publish","type":"ufaq","link":"https:\/\/virtualofficeinestonia.com\/et\/ufaqs\/who-is-the-real-beneficiary-of-the-company\/","title":{"rendered":"Who is considered a Beneficial Owner (UBO) in Estonia?"},"content":{"rendered":"<div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-distinct ewd-ufaq-category-tabs-\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='show_on_load' value='' id='ewd-ufaq-show-on-load' \/>\n<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='title' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='desc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/et\/wp-json\/wp\/v2\/ufaq\/6445' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default ewd-ufaq-can-be-toggled\" id='ewd-ufaq-post-6445-nTwdEqK0KP' data-post_id='6445'>\n\n\t\t\n\t<div class='ewd-ufaq-faq-title ewd-ufaq-faq-toggle'>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='#' role=\"button\">\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-square'>\n\t\t\t<span >A<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h4>\n\t\t\t\tWho is considered a Beneficial Owner (UBO) in Estonia?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body' >\n\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-categories'>\n\t\n\tCategory:\n\t\n\t\tGeneral\n\t\n<\/div>\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t<h4><span style=\"color: #ff6600\">Understanding control under Estonia\u2019s AML Act.<\/span><\/h4>\n\n\n<p class=\"wp-block-paragraph\">According to \u00a7 9 of Estonia\u2019s <strong>Money Laundering and Terrorist Financing Prevention Act<\/strong>, a <strong>beneficial owner (UBO)<\/strong> is the <strong>natural person<\/strong> who ultimately <strong>owns or controls<\/strong> a legal entity\u2014either <strong>directly or indirectly<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Direct control<\/strong>: A natural person directly owns <strong>more than 25%<\/strong> of the company\u2019s shares or voting rights.<\/li>\n\n\n\n<li><strong>Indirect control<\/strong>: A natural person controls <strong>another company (or companies)<\/strong> that, in turn, owns more than 25% of the legal entity.<\/li>\n\n\n\n<li>Control can also be exercised <strong>through other means<\/strong>, such as shareholder agreements or the right to appoint management.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">It is also possible for a company <strong>not to have a reportable beneficial owner<\/strong>. For instance, in a private limited company where <strong>four shareholders each hold exactly 25%<\/strong>, none of them meets the threshold for control, and under Estonian law, <strong>no UBO is declared<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Lead-in:<\/strong><br>Estonian law defines a beneficial owner as the real person who ultimately controls a company\u2014usually through shareholding of more than 25%, either directly or indirectly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-tags'>\n\t\n\tTags:\t\n\t\n\t\tEstonia, \n\t\n\t\tReal beneficiary\n\t\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-permalink'>\n\t\n\t<a href='https:\/\/virtualofficeinestonia.com\/et\/ufaqs\/who-is-the-real-beneficiary-of-the-company\/?Display_FAQ=6445'>\n\t\t\n\t\t\t\t <div class='ewd-ufaq-permalink-image'><\/div> \t\n\t<\/a>\n\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-back-to-top'>\n\t\n\t<a class='ewd-ufaq-back-to-top-link'>\n\t\tBack to Top\t<\/a>\n\n<\/div>\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A Who is considered a Beneficial Owner (UBO) in Estonia? Category: General Understanding control under Estonia\u2019s AML Act. According to \u00a7 9 of Estonia\u2019s Money Laundering and Terrorist Financing Prevention Act, a beneficial owner (UBO) is the natural person who ultimately owns or controls a legal entity\u2014either directly or indirectly. Direct control: A natural person [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","ufaq-category":[347],"ufaq-tag":[332,448],"class_list":["post-6445","ufaq","type-ufaq","status-publish","hentry","ufaq-category-general","ufaq-tag-estonia","ufaq-tag-real-beneficiary"],"openstation_lock":null,"openstation_contributors":[],"openstation_attached_media":[],"jetpack_likes_enabled":false,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq\/6445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq"}],"about":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/types\/ufaq"}],"author":[{"embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/comments?post=6445"}],"wp:attachment":[{"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/media?parent=6445"}],"wp:term":[{"taxonomy":"ufaq-category","embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq-category?post=6445"},{"taxonomy":"ufaq-tag","embeddable":true,"href":"https:\/\/virtualofficeinestonia.com\/et\/wp-json\/wp\/v2\/ufaq-tag?post=6445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}