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# Ultimate Beneficial Owner (UBO) Examples

> ⚡ **Quick Answer:** A UBO (Ultimate Beneficial Owner) is anyone who owns or controls **25% or more** of a company. All UBOs must complete KYC verification before services are activated. See examples below.

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# What Is a UBO?

Under UK AML regulations, we must identify and verify all **Persons of Significant Control (PSCs)** or **Ultimate Beneficial Owners (UBOs)** who ultimately own or control a company. A UBO is typically anyone with 25% or more ownership or voting rights, or anyone who exercises significant control.

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# Example 1: Single Director / Sole Shareholder

* **Director A** owns 100% of shares
* **UBO:** Director A (must verify)

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# Example 2: Two Directors, Equal Shareholding

* **Director A** owns 50%, **Director B** owns 50%
* **UBOs:** Both Director A and Director B (both must verify)

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# Example 3: Parent Company Ownership

* **Parent Corp Ltd** owns 100% of **Subsidiary Ltd**
* We verify the UBOs of **Parent Corp Ltd** (the individuals who ultimately own/control it)

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# Example 4: Multiple Shareholders

* **Shareholder A** — 40%
* **Shareholder B** — 35%
* **Shareholder C** — 25%
* **UBOs:** All three (each owns 25%+)

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# Example 5: Below 25% Threshold

* **Shareholder A** — 20%
* **Shareholder B** — 20%
* **Shareholder C** — 20%
* **Shareholder D** — 20%
* **Shareholder E** — 20%
* **UBOs:** None meet the 25% threshold individually. In this case, we verify the **senior managing officials** (e.g., directors).

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# Common Questions

**What if ownership is through a trust?**
We look through the trust to identify the individuals who ultimately benefit from or control the assets.

**Do all directors need to verify?**
Only directors who are also UBOs/PSCs (25%+ ownership) or authorised representatives. We identify all directors but only verify those meeting the criteria.

**What if I’m the sole director and sole shareholder?**
You’re the only UBO. You’ll need to provide proof of ID and proof of address.

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**Next:** [TCSP KYC & AML Compliance Overview →](https://help.hoxtonmix.com/en/article/tcsp-kyc-aml-compliance-overview-omirxo/)