Just 5% of companies have registered their beneficial owners as deadline approaches

The analysis, by accountancy firm KPMG, shows that just 13,000 of the 200,000 corporate entities have made the required disclosure

29th September, 2019
Salvador Nash, head of company secretarial services with KPMG

It is designed to lift the veil of secrecy on corporate ownership by forcing companies to reveal their beneficial owners. However, with the deadline for registration just weeks away, new analysis shows that just 5 per cent of Irish companies have made a declaration to the Central Register of Beneficial Ownership.

The analysis, by accountancy firm KPMG, shows that just 13,000 of the 200,000 corporate entities have made the required disclosure.

The launch of the register’s online portal...

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