Share Register • UBO • KYC
These three concepts are related, but they do not mean the same thing.
- Share Register (Aktienbuch)
This is the internal register of an AG showing the holders of registered shares. It mainly answers the question: “Who legally holds the company’s shares?”
- UBO – Ultimate Beneficial Owner
This is the ultimate beneficial owner: the natural person who, in the final analysis, owns or controls the company. The UBO may be a direct shareholder, but may also stand behind a holding company or another company.
- KYC – Know Your Customer
This is the procedure used to identify and verify the customer. It may include, in particular, an identity document, address, information about the company, authorised signatories, the shareholder structure and, where required, the UBO.
%20for%20sale%20–%20Zug){kind=link}