Open Access Beneficial Ownership

Unlock Transparency with Open Access Beneficial Ownership

What is Beneficial Ownership (BO)?

Beneficial Ownership (BO) refers to the individuals who ultimately own, control, or benefit from a company, even if the ownership is held under another name. The Indonesian Ministry of Law and Human Rights (Kementerian Hukum dan HAM) has made Beneficial Ownership data accessible to enhance corporate transparency and compliance with regulations.

Why is Open Access to Beneficial Ownership Important?

✅ Promotes Business Transparency – Helps prevent illegal activities such as tax evasion and money laundering.
✅ Ensures Regulatory Compliance – Aligns with national and international financial regulations.
✅ Builds Business Trust – Strengthens credibility with investors, partners, and government authorities.
✅ Facilitates Due Diligence – Simplifies background checks for businesses and financial institutions.

Why is Beneficial Ownership Locked?

Your Beneficial Ownership (BO) data might be locked due to several reasons:

🔒 Incomplete Documentation – Missing or incorrect information in your BO declaration.
🔒 Regulatory Violations – Non-compliance with the latest legal requirements.
🔒 Pending Verification – The data is under review by the authorities.
🔒 Inactive Business Status – If the company has issues related to licensing or taxation.

How to Unlock Beneficial Ownership?

To regain access and update your Beneficial Ownership data, follow these steps:

1. Verify Your Registration
   • Ensure your BO details are correctly registered with Kementerian Hukum dan HAM.
2. Update Required Documents
   • Submit any missing or revised information, such as shareholder details or corporate structure.
3. Submit an Unlock Request
   • Request access restoration through the official online portal.
4. Follow Up with Authorities
   • Track the progress and provide any additional information if required.

Get Assistance Today!

Need help unlocking your Beneficial Ownership access? Our team is ready to assist you with the latest compliance updates and regulatory requirements. Contact us now for a seamless process!