5 - UBO based on voting right

Owned by Thomas Frickh
Last updated: Jul 06, 2023
1 min read

UBO based on voting right

In this case, one individual is a UBO based on voting rights and one individual is a UBO based on ownership.

In the below example:

  • UBO 1 is a UBO based on the voting rights between his Holding company and the company of interest

  • UBO 2 is a UBO based on the ownership between his Holding company and the company of interest

  • Both as indirect and caused by the relationship between the companies.

This is how the ownership and control structure is created

In the UBO tab (Ultimate Beneficial Ownership), you can see all officers defined as UBO.

The reason for UBO status, in this case, is indirect ownership and indirect voting rights.

If you have any queries or require additional assistance, please feel free to use the comment function or reach out to support@avallone.io. Our customer success team is always available to help you and ensure that you derive the most out of our platform.