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Beneficial Owners: Why Ownership Transparency Matters

|Virkly

Since 2017, all Danish companies have been required to register their beneficial owners in the CVR registry. Beneficial owners are the natural persons who ultimately own or control a company.

What is a Beneficial Owner?

A beneficial owner is a natural person who:

  • Directly or indirectly owns more than 25% of the company
  • Directly or indirectly controls more than 25% of the voting rights
  • Otherwise exercises control over the company

Why Does It Matter?

The registration of beneficial owners serves several purposes:

  • Anti-money laundering — it makes it harder to hide illegal money flows
  • Transparency — the public can see who truly controls companies
  • Due diligence — businesses can verify their partners

How to Find Beneficial Owners with Virkly

When you look up a company on Virkly, you can see registered beneficial owners under the "Ownership" section. You can also use our API to retrieve this data programmatically.