EPISODE · Oct 29, 2025 · 3 MIN
Beneficial Ownership Reporting Dormant and Deregistered Trusts
from Kloppers Inc. Podcast · host Kloppers Inc.
Amendments to the Trust Property Control Act require trusts to report beneficial ownership (BO) details to the Master of the High Court via an electronic platform, with penalties for non-compliance of up to R10 million or five years' imprisonment. However, dormant or deregistered trusts are exempt but must file a declaration confirming their status. If reactivated, such trusts must then comply with full BO reporting requirements.
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Beneficial Ownership Reporting Dormant and Deregistered Trusts
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