Mozambique
Corporate Guide

Is there a requirement to declare beneficial ownership in Mozambique?

Under the terms of the Regulation on the Registration of Legal Entities, approved by Decree Law No 1/2024 of 8 March, companies, associations, foundations, consortia, co-operatives and religious denominations, representations of foreign entities, trusts and other entities subject to the registration of legal entities, must submit their declaration of ultimate beneficiaries. This is also reflected in the anti-money laundering legislation in force, namely, Law No 14/2023 of 28 of August (as subsequently amended) and Decree Law No 53/2023 of 31 of August.