Transparency Is the New Compliance Standard.
Helping Businesses with Confidence
Since 2023, the Companies and Intellectual Property Commission (CIPC) has made beneficial ownership (BO) disclosure mandatory for all South African companies and close corporations.
This change, introduced under the Companies Amendment Regulations (2023), aligns South Africa with international standards to combat money laundering, tax evasion, and financial crime.
But for legitimate businesses, it has created uncertainty:
What must we disclose? How often must we update it? Who can access this information?
At Ronmat Advisory, we help you answer all those questions, and handle the entire filing process with precision, confidentiality, and speed.
Because transparency shouldn’t expose you, it should protect you.
Why It Matters
CIPC now requires companies to:
- Identify and record the natural persons who ultimately own or control more than 5% of the company;
- File this information through the Beneficial Ownership Register; and
- Keep those records updated within 10 business days of any ownership change.
Failure to comply can result in:
- CIPC administrative penalties or deregistration;
- Delays in banking, investment, and tender processes;
- Reputational damage and red flags during due diligence.
In a compliance-driven economy, transparency isn’t optional, it’s a trust signal.
What We Do
We manage every stage of your beneficial ownership compliance, from register creation to CIPC submission and updates.
- Ownership Tracing & Verification: Identify beneficial owners, nominees, and indirect shareholders using statutory and financial records.
- Register Preparation: Draft and maintain compliant BO registers in CIPC-approved formats.
- CIPC Filing: Submit, update, and monitor filings on your behalf, ensuring accuracy and traceability.
- Structuring Support: Advise on how to simplify or clarify complex ownership structures for compliance without compromising confidentiality.
- Ongoing Maintenance: Ensure your records remain current after every share issue, transfer, or restructuring.
- Integration: Align BO records with your tax, accounting, and corporate registers for full governance consistency.
We ensure your ownership structure is visible to regulators, and defensible to stakeholders.
Our Approach
We combine legal precision with practical execution.
- Review: Analyse your existing shareholding and entity structure.
- Identify: Trace direct and indirect beneficial owners to confirm control thresholds.
- Record: Build accurate internal and statutory registers.
- File: Complete CIPC submissions and issue compliance confirmation.
- Maintain: Update automatically after share or structural changes.
Our process is confidential, efficient, and aligned with both CIPC and Financial Intelligence Centre (FIC)expectations.
Why Ronmat Advisory
We understand the intersection of tax, accounting, and company law.
That’s why our filings don’t just meet minimum requirements. they reinforce your governance and due diligence credibility.
Our work helps you stay compliant and attractive to investors, auditors, and financial institutions who value transparency and good standing.
We protect your business through clarity, not complexity.
That’s Clarity. Strategy. Growth.
FAQs
Have Questions About Something?
Johannesburg, South Africa
Don’t Wait for a Compliance Notice.
Let’s get your beneficial ownership records filed, verified, and audit-ready accurately and on time.
