What is an Ultimate Beneficial Owner (UBO)?
An Ultimate Beneficial Owner (UBO) is the natural person who ultimately owns, controls, or benefits from a legal entity — regardless of the number of holding companies, trusts, or intermediary structures involved. In practice, a UBO is typically an individual holding 25% or more of a company’s shares or voting rights, or a person exercising effective control over its management and strategic decisions.
UBO identification and registration has become a fundamental corporate compliance requirement worldwide. Governments and regulatory authorities across the EU, the United States, the United Kingdom, and beyond now mandate businesses to maintain accurate, up-to-date UBO records in national registers. Non-compliance can result in substantial fines, reputational damage, increased regulatory scrutiny, and in serious cases, loss of operating licences.
Why Does UBO Compliance Matter for Your Business?
For companies operating across multiple jurisdictions, staying on top of UBO requirements is both a legal obligation and a competitive advantage. Accurate and current UBO registration:
Protects your business from regulatory penalties and sanctions
Strengthens trust with banks, investors, and business partners
Accelerates onboarding with financial institutions through transparent KYC (Know Your Customer) processes
Reduces risk exposure during mergers, acquisitions, and new market entry
Demonstrates strong corporate governance — a key differentiator in today’s global marketplace
UBO requirements vary significantly from country to country, making cross-border compliance a complex and time-consuming challenge for international enterprises. That is where NBS comes in.
Our UBO Compliance Services
We provide a complete, end-to-end UBO compliance solution — from initial assessment through to ongoing monitoring — so you can focus on running your business with confidence. Our multilingual team speaks English, Spanish, Portuguese, Russian, Romanian and Bulgarian, ensuring seamless communication across borders and jurisdictions.
Initial Status Review
We assess your current corporate ownership structure and identify exactly what UBO information must be registered with local authorities in each relevant jurisdiction — giving you a clear compliance roadmap from day one.
Annual & Event
We conduct regular reviews of your corporate ownership structure and validate the results against locally registered UBO data. We also respond to trigger events such as mergers, acquisitions, or changes in control — ensuring continuous compliance.
Accounting Services for UBO
We handle local accounting, statutory reporting, and balance sheet submissions for the legal entities connected to your UBO structure, providing a fully integrated compliance and accounting service.
OSS (One Stop Shop) VAT Reporting
We manage your VAT reporting and calculations under the EU One Stop Shop (OSS) system, simplifying cross-border VAT compliance for businesses selling goods and services across EU member states.