An individual is identified as an Ultimate Beneficiary (UBO) if they hold 10% or more of the shareholding, capital, or profits in a company. Such individuals are required to submit the UBO annexure .

In Case No Individual is Identified

If no individual meets the criteria, the senior managing official may be considered the UBO. The following documents must then be submitted:

1. A copy of the UBO annexure, along with the seal and signature of the authorized person on the second page if an individual holds 10% or more.

2. A self-attested copy of the PAN and address proof of the individuals holding 10% or more.

If an Entity Holds 10% or More

When an entity holds 10% or more of the shareholding, capital, or profits in a company, it is identified as the UBO and must submit the following documents:

1. A copy of the UBO annexure signed by the authorized person, with the seal and signature of all shareholders of the entity holding 10% or more on the second page.

2. A self-attested copy of the PAN and address proof of all shareholders holding 10% or more in the entity.

3. The latest shareholding pattern printed on the company letterhead, of the entity holding 10% or more. This document must include the signature of the whole-time director or individual promoters.