Beneficial Owners Manual Bo-Manual-V1
Beneficial Owners Manual Bo-Manual-V1
Beneficial Owners Manual Bo-Manual-V1
Beneficial Ownership
e-Register Manual
Version 1.0
Purpose
The purpose of this document is to provide a step-by-step guide on how to navigate
Business Registration Service portal as well as to provide guidance on how to lodge
Beneficial Ownership information with the Registrar of Companies.
Who is a beneficial Owner?
The Companies Act, 2015 defines a "beneficial owner” to mean the natural person who
ultimately owns or controls a legal person or arrangements or the natural person on whose
behalf a transaction is conducted, and includes those persons who exercise ultimate
effective control over a legal person or arrangement.
Further guidance has been provided in the Guide on Disclosure of Beneficial Ownership
Information.
The user accesses the webpage h
ttps://brs.go.ke/ and:
1. Creates an account on eCitizen for the first time or logs into an existing account.
2. Once logged in the beneficial ownership information can be lodged –:
a. During the initial registration of a company; or
b. As an update of the BO register for existing companies; or
c. As an amendment to the existing company’s BO information.
Lodgment of BO information is free of charge.
1. During incorporation
The user will access t heir browser on a device of their choice, enter the web address
brs.go.ke a
nd Click on O
nline Services as highlighted on the screenshot in Fig 1.
Fig 1
This will then redirect the user to the eCitizen landing page where they will either
Create an account or Login in to an existing account as shown below
Fig 2
The prerequisites for creating an eCitizen account are:
Kenyan Citizen: - National Id Number, valid email address and valid telephone
number
Foreign Residents: - Foreigner Certificate Number (alien card), valid email address,
valid telephone number
Upon successfully creating an account or logging in, the user will be directed to the
page shown in Fig. 3 below. Click on the M
ake Application button as shown
Fig.3
The user will be given a list of services to choose from as shown in Fig 4 below. For
the purposes of this manual we shall select Private Limited Company.
Fig 4
Upon clicking the Apply now button, the user is required to submit their application
for name search and registration of the company. The illustrations below from Fig 5
through to Fig 9 show at a glance the registration process.
Fig 5 Name search application stage
Fig 9 Director/shareholders
Fig10. Beneficial Ownership details
NOTE: The user is required to enter a percentage that the shareholder holds directly,
the percentage being held indirectly will then be captured under the Beneficial owner
step described in Fig 11.4 below. Companies where the shareholder is a corporate
body, all shares are held indirectly and the user will be required to provide the
beneficial owners’ particulars of that body corporate, using the set four criteria.
The Figure below shows where and how the Beneficial ownership information is
lodged.
Click on “Add Beneficial Owner” button
Fig 11 Add Beneficial Owners
Enter the ID number and first name (as it appears on the said ID), of the beneficial
owner and click the Verify button.
Fig 11.1 beneficial owners
Enter the phone number, email address postal address and occupation of the
Beneficial owner.
Fig 11.2 Beneficial owner particulars
Enter the residential address of the Beneficial owner and attach a coloured Passport
Photo.
Fig 11.3 Beneficial Owner’s occupation and passport photo
Select the type of control/influence in the company and type of right to
appoint/remove a director that the beneficial owner has on the company
Fig 11.4 Beneficial owner type of control/influence and right to appoint/remove
directors
Fig 11.5 Add the shareholding and voting rights information if applicable
Once the above steps have been completed you will be able to see the beneficial
owner with his or her respective beneficial ownership information as shown in Fig
11.6 below.
Click on the Add beneficial owner button to add additional beneficial owners.
Fig 11.6 Beneficial owners list
Download the system generated forms for signing, scan the signed form and upload
them back on to the system.
Fig 12 Application Documents
Click on the Directors/Shareholders tab to review beneficial ownership information.
You can view the beneficial owner as highlighted below.
Click to confirm that the information provided is as required by the Registrar then
click on the F
inish button to proceed to payment.
Fig 14 Application in review
Once the company has been incorporated , the user shall see the following.
● The company appearing under My Businesses section with following
labels/status
o Registration number - PVT-ABC123
o Verified - yes
o B.O status - complete
o Status - Active
● Under my applications the application status shall read r egistered
Fig15 Incorporated business
2. Updating Beneficial Ownership
information for existing companies
Every company is required to lodge a copy of their register of beneficial owners with the
Registrar of Companies .
This section will illustrate how an existing company can update its particulars to include
beneficial owners’ information.
The Prerequisite for updating beneficial ownership details is that the company must have
been linked and appear as active under “My Businesses” as shown below.
Once you have successfully accessed the linked company, the company’s name will appear
on the right-hand side of the screen as depicted below.
Click on Maintain a Company on the left-hand side click on Beneficial Owners as shown
below
Fig 18 Maintain a company
Click on Change Particulars and select Change of Officials (companies)
A list of all the principals of the company will be displayed
NB: As you update the information the beneficial owners list populates at the bottom of the
page as shown in FIG 22
Please note that the system is configured to require you to allocate 100% of the issued
shares and 100% of the voting rights before you proceed to the next step. Any shareholder
who holds less than 10% of the issued shares and voting rights and does not have a right to
appoint a Director or have significant influence/control over the Company shall be
disregarded for beneficial ownership disclosure purposes.
Fig 22 Update Beneficial owner information
Once you have successfully updated the BO information for each official you will be
prompted to download, sign, scan and upload the Register of Beneficial Owners, Form
BOF1, as shown below.
Fig22 Register of Beneficial Owners
Confirm that the information provided is correct and click Finish as shown below
The BO information update has now been submitted for review and approval by the
Companies Registry Officers.
Business Registration Service,
Office of the Attorney-General &
Department of Justice,
P. O. Box 30031-00100,
NAIROBI.
Tel: +254 20 2227461
The information contained in this manual is the property of Business Registration Service, Kenya.
Reproduction in any form whatsoever without prior authority is prohibited.