Is beneficial ownership filing included in the retainer?
No — the beneficial ownership declaration is its own line, from RM 324 per filing. It is lodged annually and again whenever your declared owners change. Layered structures cost more: foreign corporate shareholders, holding chains or trusts, where establishing the ultimate individuals takes real analysis. Your engagement letter states which side your structure falls on.
Sources: SSM Beneficial Ownership guidelines
Also asked as: BO filing extra cost; ekstra caj pemilik benefisial; beneficial owner update fee.
Key facts
- Not inside the retainer — from RM 324 per filing
- Lodged annually, and again on any change of beneficial owner
- Layered or corporate chains quoted higher
- BO reporting to SSM is mandatory for the ≥20%/control individuals