Form BEN-2 Significant Beneficial Ownership (SBO)
Statutory disclosure to the ROC of natural individuals holding ultimate ownership, control, or voting rights of 10% or more through intermediate holding entities, enforcing anti-money laundering transparency.
Section 90, Companies Act, 2013 read with Companies (Significant Beneficial Owners) Rules, 2018
Republic of India (Central Portal)
3 to 5 Business Days
Why This Statutory Filing Is Required
Statutory disclosure to the ROC of natural individuals holding ultimate ownership, control, or voting rights of 10% or more through intermediate holding entities, enforcing anti-money laundering transparency.
Who This Service Is For & Statutory Eligibility
Companies having non-individual shareholders holding ≥ 10% shares, voting rights, or distributable dividends.
Prerequisites & Mandatory Documents Checklist
- Form BEN-1 declaration received from the individual Significant Beneficial Owner (SBO)
- Complete shareholding organogram / chart detailing intermediate corporate holdings
- PAN Card, passport, and address proof of the natural individual SBO
- Board resolution approving entry into the Register of SBOs (Form BEN-3)
- Copy of notice issued in Form BEN-4 (if applicable)
Step-by-Step Portal Execution Procedure
- Step 1: Issue notice in Form BEN-4 to non-individual shareholders holding ≥ 10% equity
- Step 2: Receive declaration in Form BEN-1 from the ultimate individual beneficial owner
- Step 3: Enter SBO particulars into company Register of SBOs in Form BEN-3
- Step 4: Launch electronic Form BEN-2 on MCA V3 within 30 days of receiving BEN-1
- Step 5: Attach BEN-1 and structural ownership tree; affix Director DSC and certifying PCS DSC; submit
Transparent Pricing & Statutory Cost Architecture
Form BEN-2 Significant Beneficial Ownership (SBO) | CraftEgon CCS
Calibrated at 9% below prevailing market fee (₹6,000). Complete professional drafting, compilation, verification, and portal upload.
- Independent Chartered Accountant / Company Secretary Verification
- Electronic Form Pre-Scrutiny & Error Reconciliation
- Digitally Signed Portal Upload with SRN Acknowledgement Delivery
Government Fees & Disbursements
Base ROC fee: ₹200 to ₹600 based on share capital; Late fees: 2x to 18x normal fee.
Statutory Penalties for Non-Compliance
Company fine from ₹25,000 to ₹5,00,000 + ₹1,000/day. SBO failing to submit BEN-1 liable to penalty of ₹50,000 + ₹1,000/day up to ₹2,00,000 under Section 90(10). Company must apply to NCLT to freeze voting/dividend rights on concerned shares.