The Register of Beneficial Owners is a new Register which is to be kept by all Companies. Like a company’s other statutory registers (the register of directors, register of secretaries, register of members etc…) this register will need to be updated if any changes occur. The details of the beneficial owners of a company will need to be filed with the Central Register of Beneficial Ownership (“RBO”). This is an on-line portal only and can be found at https://rbo.gov.ie/.
The reason behind the RBO is to allow for the identification of the beneficial owners/controllers of the Company.