substantial owners definition

substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.
substantial owners means any individuals entitled to more than ten per cent. (10%) of the profits of or with an interest of more than ten per cent. (10%) in an entity, directly or indirectly.
substantial owners has the meaning defined under local or foreign tax laws, regulatory guidance or intergovernmental cooperation agreements.

More Definitions of substantial owners

substantial owners means individuals entitled to more than 10% of profits from an entity or with a direct or indirect interest of more than 10% in an entity.
substantial owners means any individuals entitled to more than ten percent (10%) of the profits of or with an interest of ten percent (10%) or more in an entity either directly or indirectly.
substantial owners generally means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly, subject always to applicable local laws.
substantial owners of any business entity shall mean each owner, partner, officer, director, stockholder and/ or Chairperson of the business entities Board of Directors owning ten percent (10%) or more interest in the business entity.
substantial owners or “the controlling persons”: means any natural person who directly or indirectly hold(s) more than 25% of the shares or the voting rights of an entity, or controls, by any other means, the managing, executive or administrative bodies of the entity or the general meeting of the shareholders.

Related to substantial owners