credit institutions, outsourcing accountants, sworn notars, etc.) may consider as the true beneficiary of the legal person the person who holds senior management in that legal person. If the foundation has used all possible means of clarification and has concluded that it is not possible to identify any natural person, the Beneficial owner, and doubts that the foundation contains Beneficial owner, it shall be confirmed in the application, stating the reasons.Īt the same time, it should be noted that in cases where the true beneficiary of a legal person cannot be identified, in accordance with Section 18, Paragraph seven of the Law, the entities specified in Article 3 of the Law (e.g. It must be indicated that it is not possible to provide an explanation of all situations, since each case is individual and the foundation board must know (to be clarified) whether a natural person has real control in the foundation.
#Real control 2 registration
![real control 2 real control 2](http://smartgen-america.com/upload/iblock/4ce/HEM8500-4.3-inch-LCD-_-CANBUS-interface-_-RS485-interface.jpg)
another (free text field with the option of entering an undefined type).on the basis of the transaction relationship.on the basis of a contract of authorisation.as a separate person controlling (if the true beneficiary controls the representatives of the founder, executive body or administrative body indirectly):.as a representative of the executive or administrative body.through the status of the legal person:.way of exercising control over the legal person:.the personal identity number (if any - date of birth, month, year, number and date of issue of the identity document, country and authority which issued the document).The following shall be indicated as the foundation Beneficial owner: The Beneficial owner ( Patiesais labuma guvējs or PLG) shall be the natural person, the owner of the legal arrangement or the person who controls the foundation and is at least the natural person who owns or is in the interest of which a legal arrangement has been established or operates, or who exercises control over it, directly or indirectly, including who is the founder, trustee or supervisor (manager) of such arrangement.