How to file Beneficial Ownership Returns - step by step!

[@SAAccountingNetwork]

LINK TO THE PAGE WHERE YOU CAN DOWNLOAD THE FORMS ARE IN THE DESCRIPTION OF THE VIDEO - BLUE BUTTON WHICH SAYS " BO FORMS PTY"

[@lordsphumlani1840]

Please share the link so I can download the template off the document

[@iqsaanbadroodeen3612]

Share link

[@nsukunukeri6077]

Good evening. Can I please have the link for the BO forms PTY?

[@khaukananimasindi6126]

I will wait with you ​@@nsukunukeri6077

[@maletsielololo5531]

It's not possible at all to get these forms. They all want R500+ to assist you. Went to their offices, came back with no luck. As they're saying the law doesn't allow them to help us. How are we supposed to know which one is theirs?!!!!!! Am deeply frastrated.

[@drakcoreoriginal]

Thank you for this. CIPC is utter garbage. It was going in a infinite loop.

[@SAAccountingNetwork]

It has its niggles

[@angelbelite]

Heinrich, thank you so much for this incredibly helpful tutorial and doc templates. And the fact that you're doing this free of charge is really admirable. What a perfect example of human kindness. Thanks again.

[@SAAccountingNetwork]

Glad it was helpful!

[@monicamasikito8517]

The Most ever helpful & always reliable KZbin page I know...

[@zaheer_zaa]

Thank you so much for this Heinrich. You sir are a lifesaver. No other content that will be able to assist better than this 🙏

[@SAAccountingNetwork]

Thank you!

[@mrb824]

This was a very very useful video, thank you so much for helping us small owners. There is no one who can explain how to do this as good as you do. Thank you!

[@SAAccountingNetwork]

Glad it was helpful!

[@leonjohnson2422]

At 73 years I am lost with all the changes that are taking place. Your video was great and gave me much hope for surviving the future quest to submit BO for SME. Thank you I will definitely subscribe

[@SAAccountingNetwork]

You are so welcome

[@eugenestalmeester9664]

Hi Heinrich, your info is always so helpful and practical! Saw a guy yesterday in a coffee shop and thought it was you. Almost went up to say hi

[@isaackkhoza8920]

Since I came across your videos here, you always show step by step and easy to understand explanations. Keep up the good work.

[@SAAccountingNetwork]

Thanks and welcome

[@kammynaidoo3723]

Hi Heinrich. Thank You So Much for this Helpful and Outstanding video. Your willingness to explain the process with such a step-by-step and example-based approach is so Awesome. The fact that you are sharing the templates free of charge in a bid to help us small businesses is so refreshing and kind of You. Thank You once again. May God Bless You and Your Business.

[@SAAccountingNetwork]

Thank you!

[@lulusebola8090]

I just found this video. Thank you so much, I had no idea what exactly they needed.🙌🏾

[@SAAccountingNetwork]

Glad it was helpful!

[@johnvandermerwe4540]

Good day sir

[@toontics]

Wonderful to see a well made professional video, beautifully filmed with clear audio well presented and which decimates clearly the reasons and procedure. Not only should all that use be thankful but also CIPC. Fantastic, Thank you.

[@SAAccountingNetwork]

Thank you!

[@garthpearson72]

Heinrich, This is the most detailed and easy to understand guide to BO. Very greatful. CIPC should buy this off you for their own channel, as their videos left a bit to be desired.

[@SAAccountingNetwork]

Thanks Garth! See you at the club soon!

[@wandiswaannitahlabe3571]

This video was very helpful. I had attempted to file my BO numerous times and didn't manage , until I came across this video. Thank you

[@SAAccountingNetwork]

Glad it helped!

[@tikanethabang1557]

Hi Heinrich, thank you very much for this. I will be donating and subscribing to show my appreciation to the work that you do. you have literally just saved many people money especially SMMES that cannot afford what the guys out there are charging for such services.

[@SAAccountingNetwork]

Much appreciated!

[@fortunbras]

The absolute best video on this topic and the template came in so handy too. Totally recommend this vid to anyone reading this

[@SAAccountingNetwork]

Thank you!

[@WeedHome-hk5jv]

YOUr a life saver , the CIPC site is cryptic on what exactly is required and i would not have managed to file without your guidance, thank you!!

[@SAAccountingNetwork]

Pleasure!

[@RonelBriel]

Hi Heinrich, thank you for the detailed information regarding the BO, this was extremely help full

[@SAAccountingNetwork]

Glad it was helpful!

[@coerienmatthee4421]

Thank you so much for your guidance in this video! I couldn’t have submitted the BO info without your help. I will definitely follow your videos, as they are truly beneficial for business owners. Thanks once again!

[@SAAccountingNetwork]

Thank you

[@nathanbanthem2120]

Thanks for this, I just saw an email come through from CIPC yesterday and had no clue what they were talking about. I never read through all the registration docs so I was unaware of this whole process. This video made it very easy

[@SAAccountingNetwork]

Glad I could help!

[@JoziniJITSolutions]

Thank you so much for this. It's great to see someone taking initiative, giving proper training and documentation needed for this. Big ups!

[@SAAccountingNetwork]

You're very welcome!

[@foobar123-f2y]

You sir, are a scholar and a gentleman. Thank you so much!

[@SAAccountingNetwork]

Glad to help

[@millionairesmile1430]

Thank you so much for making it so simple. Explained in a very simple way and to the point. Just subscribed and liked. Looking forward to more educating videos. God Bless.

[@SAAccountingNetwork]

Thanks and welcome

[@lubabalomahonga878]

A thousand thanks for this lifesaver of a tutorial Heinrich .

[@SAAccountingNetwork]

You're welcome!

[@tshegofatsoramatsetse6264]

Very valuable information in the video, I was gobsmacked when I wanted to file my returns and it asked for this 👌🏿🙏🏾from small business owners trying to stay compliant we thank you

[@SAAccountingNetwork]

You are very welcome

[@PinkClouds3835]

Heinreich, thank you so much for this tutorial. Baie dankie. Makwande! 🙏🏾

[@SAAccountingNetwork]

Thank you!

[@mathabangau]

The template and tutorial are amazing, thank you so much! I have been postponing doing this because I did not understand what was needed and the lack of direction from CIPC itself was giving me a headache. I am submitting it immediately, NOW I KNOW....yeeeeeee!

[@SAAccountingNetwork]

You're very welcome!

[@johnbobraynor]

Thanks Heinrich, very useful information and very grateful for the free assistance. Huge thank-you!

[@SAAccountingNetwork]

You are welcome!

[@d.i.gmusicsa]

Thank you so much for this helpful and detailed video, I was struggling until I came across your video.

[@SAAccountingNetwork]

You're very welcome!

[@koketsomokwena6241]

I couldn't file my returns due unfiled BO with your help I managed to file everything. Thank you very much Sir for the information.

[@SAAccountingNetwork]

You are most welcome

[@jesstyrrell7736]

Thank you SO MUCH for this! It's so generous of you to share this information.

[@SAAccountingNetwork]

Glad it was helpful!

[@kerooshanpather-mc8rm]

Thank you this video it was very educational for us small business building a future. We look forward to more useful content ❤bless you.

[@SAAccountingNetwork]

Glad it was helpful!

[@simonkgafela2297]

May God bless you Sir. Your selflessness may God will repay you with many more wonderful, fruitful, excellent health, and prosperity

[@SAAccountingNetwork]

Thank you

[@BecomeSelfMade]

Thank you Heinrich. You are an absolute lifesaver with this tutorial.

[@SAAccountingNetwork]

Thank you very much!

[@levernforley8438]

Thank you Heinrich. Your video was incredibly helpful. Will definintely hold onto your website info and contacts for future services.

[@SAAccountingNetwork]

Glad it was helpful!

[@shirleyarde3303]

Thank you so much, this has been the most helpful and practical video to use.

[@SAAccountingNetwork]

Glad it was helpful!

[@digitalorbitsa]

Thank you for making business administration easy for us.

[@SAAccountingNetwork]

Pleasure

[@Kavz2401]

Thank you! This was great content and very straight forward. Templates provided were awesome

[@SAAccountingNetwork]

Thank you!

[@victordladla5637]

Big Thanks for the video, I followed your steps and successfully completed my beneficial ownership document. I contacted a company charged me alot of money, thank GOD i came across your video...hopefully as time goes and people become aware of beneficial ownership this video will make you more money!

[@SAAccountingNetwork]

Thank you!!!

[@elmagic9718]

Thank you my Good Sir.This really came handy,I was so frustrated since this has lead to my small company not being compliant.Dankie🙏

[@SAAccountingNetwork]

Glad it helped

[@TheSixcity]

You have just made my life easy, I have just finished filling BO for my company myself after watching this video. Someone charged me R1,599 to do it for. Thank you

[@SAAccountingNetwork]

It is a very time consuming process for accountants to do, and time is the commodity we trade with, hence the fees. Glad I could help🙏

[@kwazipretty77]

Help me please 😭😭

[@WillievanGraan84]

Ek is n klein besigheid eienaar, jou video en excel template help geweldig. Ek kan nie my annual return submit voor ek nie die BO submit het nie. Dankie vir jou tyd om deur al die stappe te gaan vir die res van ons. Blessings

[@SAAccountingNetwork]

Groot plesier!

[@qbar9929]

Thnank you so much for the templates, and your time in taking us through this nightmare exercise proudly brought to us by CIPC. You sir, are a lifesaver! Quick question, in the "Data" tab under the "Share Register" section you mention amount. Is this amount what I paid to register the company or we can leave it as the default 100?

[@SAAccountingNetwork]

Any company must have share capital, so that is that R100, but you can use any amount

[@dumisani4689]

Thank you very much Sir. We appreciate your transparency, honesty and above all, your dedication.

[@SAAccountingNetwork]

I appreciate that

[@marcusquist3914]

Meneer, sonder mense soos jy, sal ons jong mense nooit kan begin nie! Baie dankie

[@SAAccountingNetwork]

Plesier!!

[@conradhughes7215]

Thank you very much for this. The spreadsheet and step-by-step were hugely useful to me. Thanks again!

[@SAAccountingNetwork]

Glad it was helpful!

[@bennetbrooks1]

Thank you Heinrich. You are indeed a lifesaver.

[@SAAccountingNetwork]

Thank you very much

[@MtshanaKamtsheyks]

It felt like you held my hand every second, thank you so much, I'm definitely subscribing to your chanel. May the forces that move this universe be with you always🙏

[@SAAccountingNetwork]

Thank you!

[@siyabongaMTSHALI-y5s]

everytime i need saving i know this is the spot, many many many thanks

[@SAAccountingNetwork]

Thank you

[@delilahmureriwa4925]

Thank you so much for the video. You are a life saver. please clarify under share register, if you are a sole director and have never issued shares what do you fill in?

[@SAAccountingNetwork]

You then own 1005 of the shares, so maybe make it 100

[@chefmgoo8292]

Thank you sooooooo much with your video I was able to follow every step successfully even though it was kinda frustrating at first but managed to do it and file...I'll also be able help someone else...THANK YOU!

[@SAAccountingNetwork]

Glad it helped!

[@ndabaklaasskhosana128]

Thank you so much for taking your time to help us. I had struggles on what was needed, your template is excellent. thank, I have already subscribed to this channel is going to help me wiht my business

[@SAAccountingNetwork]

Glad it was helpful!

[@BonitavanDijk]

THE BEST EVER EXPLANATORY VIDEO..THANK YOU

[@SAAccountingNetwork]

Thank you!

[@simphiwemkhize9475]

Very helpful. You have just done their job. The didn't even bother to create templates but thanks to you sir, let me subscribe it seems like there's a lots I can learn from you

[@SAAccountingNetwork]

Thanks and welcome

[@akhonanohako2216]

Very detailed, now I can say I understand what needs to be done. Thank you.

[@SAAccountingNetwork]

You are welcome!

[@kingzala1]

Thank you Meneer, much appreciated. You’re life…….. you deserve to be compensated.

[@SAAccountingNetwork]

Thank you

[@meaganpillay]

VERY helpful! Thank you! What if a company has 2 directors? Do we use the same forms?

[@SAAccountingNetwork]

Same forms, add extra lines

[@roseletlape4325]

very informative and useful. Presentations were very clear and easy to understand. Thank you Sir!

[@SAAccountingNetwork]

Glad it was helpful!

[@pappasngobeni4660]

Yoh! This was so very Useful. Thank you

[@sincere_reviews]

Thanks 😊 your explanation was on point. And your templates really helped a lot.

[@SAAccountingNetwork]

Glad it was helpful!

[@jadestarcrochet]

Hi there. I just registered a company a few days ago and the CIPC welcome letter says i must file beneficial owmership within 10 days of registration. Do i use these same documents to upload? I am the sole director. Ps: why did you choose Non-affected company with BO on the dropdown list and not Affected company? I am so confused.😢

[@asouthafricanindian9258]

I am having the same issue

[@jamesblood7073]

Hi Heinrich, I am having the same confusion, as I also have a CC, with me as the only Member. Could you possibly guide us on this one, as to which selection to make: AFFECTED COMPANY or NON AFFECTED COMPANY WITH NO BENEFICIAL OWNERSHIP TO DECLARE, or NON AFFECTED COMPANY WITH BENEFICIAL OWNERSHIP? you used NON AFFECTED COMPANY WITH BENEFICIAL OWNERSHIP, but I don't understand why. All the best. J

[@tendirams5294]

Thank you so much for this. You explained it so well and your template were a great guide. Much appreciated

[@SAAccountingNetwork]

Glad it was helpful!

[@almaretpretorius9579]

You helped me soooo much! Thank you! My Hero!

[@SAAccountingNetwork]

Glad I could help!

[@RenilJagessar]

Thank you Heinrich, You are a life saver

[@SAAccountingNetwork]

Happy to help

[@SuperStar-vb8fl]

You Sir just saved me some money! And I have a feeling you're gonna save me a lot more going forward. Thank you!!🙏🏽

[@SAAccountingNetwork]

Glad it helped!

[@ritaadshade4403]

thank you for the step by step help - it really was very helpful. I have a question though, on the Mandate, if I am doing my own submission what do I put on the Mandate?

[@SAAccountingNetwork]

Your own information

[@velamwandla6437]

Wow you’ve just made my life so easy this was very frustrating

[@SAAccountingNetwork]

Pleasure!

[@Amtsi]

Thank you very much. I struggled but managed to submit my BO.

[@SAAccountingNetwork]

Glad it helped

[@magendhrenponnan5955]

Thanks

[@CingaMafeje]

Thank you for your content, very informative and helpful. Who should sign as a company secretary if there is more than one director?

[@SAAccountingNetwork]

You can choose one of the directors

[@glenmnisi1523]

Thank you so much for this. I have one question though; I tried to change my company phone number to my new one so I can get the OTP, which I was successful in changing it. But when I file for B/O, it keeps using my old phone number. Is there maybe a way to fix that or maybe I need to wait until a certain period in order for it to change to the new phone number?

[@HBPTV]

Thank you so much for making process seamless🙏

[@SAAccountingNetwork]

My pleasure 😊

[@jethrobeckingham1758]

Thank you Heinrich, this was a great video

[@SAAccountingNetwork]

My pleasure!

[@dannyschaffer4435]

Amazing! Thanks so much Heinrich

[@SAAccountingNetwork]

Glad you liked it!

[@NthatengMokapela-lb5vb]

More Blessings to you sir. Thank you so much. Can I ask... there are two directors on my company so do I put both their information from the first page?

[@SAAccountingNetwork]

Yes you do

[@shadekippie]

hi there! thank you for the helpful video I do have a question, how would one go about filing the Beneficial Ownership for a Trust?

[@SAAccountingNetwork]

I know it’s a different process, but I dont work with trusts, sorry🙏

[@sonikframesrec]

Thank you sir. I think they should hire you to disclose all the forms :)

[@SAAccountingNetwork]

Dont know why they dont give us the templates, glad I could help

[@clairebenade534]

Baie dankie! Dit help ongelooflik baie! Hoe gemaak as die "shareholder" 'n (oorsese) maatskappy is, asseblief?

[@SAAccountingNetwork]

Jy sal dalk jou rekenmeester moet betrokke kry om te help

[@alewynbronn677]

Dankie Heinrich. Wat is die verskil tussen "Affected companies" en "Non-Affected companies"?

[@SAAccountingNetwork]

Affected is government owned, or linked to government

[@katlegomojapelo2]

Keep up the great work, this was excellent!!!! so helpful.

[@SAAccountingNetwork]

Thank you! Will do!

[@NicoleLombard-w3g]

Hi, please could you explain what the difference between an affected and not affected company are and why you selected not affected company?

[@SAAccountingNetwork]

Affected companies is large companies like state owned companies and companies who's shares are traded publicly, unaffected companies is smaller where the ownership and control is known, so you know exactly who the beneficial owners are.

[@bradleythirumurthi]

Thank you for the assist. The template was a huge help to a lost soul.

[@SAAccountingNetwork]

Pleasure

[@SoniaMbendeBenga]

Thanks Heinrich, this was very helpful.

[@SAAccountingNetwork]

Glad it was helpful!

[@leemordaniellombard7190]

Thank you so much for this easy to follow video. It was a life saver!

[@SAAccountingNetwork]

You're welcome!

[@ntokozomahlanya4203]

Thank you so much for this video, does no. Of shares has to be the same with the amount paid by one director ?

[@SAAccountingNetwork]

Keep it simple, I would keep it the same

[@MandisaSongca30]

You are a blessing❤❤❤

[@virginiakruger5405]

Thank you, thank you someone wanted to charge R550 to this I am very grateful; having a small business and barely making any money and finding your page was God sent. Thank you so much.I followed the steps with you and had success. May God bless and expand your business❤

[@SAAccountingNetwork]

Glad I could help. Accountants commodity they trade with is time, that guy is still cheap, we charge about three times that amount if we do it for someone.

[@nomusandlovu8370]

You pay for knowledge in this world

[@lethabomabala1266]

Thanks very much Heinrich this helped a bunch... do I use the same template if i have more than one director in my PTY but the other directors own less than 5% of the business per director? Also can I declare myself alone if the other directors are non-executive and they own less than 5% of the business per director? Thanks in advance for your assistance.

[@SAAccountingNetwork]

Yes if they own less that 5% then no need to disclose as a beneficial owner, but they must be listed on the share register

[@0780156668]

Thank you. You have been so helpful. Trying to file my annual returns have been tedious

[@SAAccountingNetwork]

Glad it helped!

[@naeemtahir8254]

This video is very informative, Thanks for assisting us.😊

[@SAAccountingNetwork]

It's my pleasure

[@Wilyavan]

Hi Heinrich, thank you for the informative video. I need some clarity on Share register issue date. You mention it should be when it was registered. The share certificate has a date of issue printed on it, should I use this if differant from registration date, even if you are the sole owner?

[@SAAccountingNetwork]

Think you can use either

[@wisemanluthuli245]

Information is highly effective and helpful, thank you.

[@SAAccountingNetwork]

You are welcome!

[@emanuelmaluleke3104]

Thank you very much Sir for this information. It has been very much helpful🙏🏾

[@SAAccountingNetwork]

My pleasure

[@jacquamine]

Perfect explanation, thank you for the templates.

[@SAAccountingNetwork]

You're very welcome!

[@FPA.01]

Thank you for your resources. Question, Amount paid is the amount i paid to registering the company or?

[@SAAccountingNetwork]

It would be the share capital in the business, if you are not sure then its easiest to use R100

[@KhanyisaniSikhosana]

Thanks!

[@SAAccountingNetwork]

Thank you very much!

[@kopanomatlala7217]

Hi Heinrich, this was super helpful I have done everything up until the last point when it needs to send the OTP and email. Those details are not mine, how do I change them so that it sends them directly to me?

[@SAAccountingNetwork]

You might need to contact cioc directly

[@teboholephoto1140]

Best explanation, specially on documents needed.

[@SAAccountingNetwork]

Glad it was helpful!

[@prophetzimasangondekaempow3739]

Super valuable -Thank you so much Sir. may more be added to you.Incredible

[@SAAccountingNetwork]

Thank you!

[@MrsWoodsResources-ou7xw]

Thank you so much! This is so very helpful. Bless you

[@SAAccountingNetwork]

Glad it was helpful!