The Cabinet of Ministers is introducing inspections for owners of ten or more companies

The Cabinet of Ministers has approved new regulations governing the state registration of legal entities, branches, and representative offices. The document replaces the previous rules and introduces several important changes for businesses.

One of the main changes is that all companies registered before March 1, 2026, must submit information about their beneficial owners—that is, those who actually control the business—by August 1, 2026. This information will be entered into the state registry.

Another provision concerns older companies. Legal entities, branches, and representative offices registered before January 1, 1997, but not yet entered into the unified state register, are required to re-register or file for termination of operations by January 1, 2027. Otherwise, compulsory liquidation proceedings may be initiated against them.

The new rules also simplify business registration. It operates on a “one-stop shop” basis—upon registration, a company is simultaneously registered with the tax authorities, statistics agency, and Social Fund, without having to visit each agency separately.

Registration deadlines are specified separately:

• standard companies—3 business days;
• financial and credit institutions—5 business days;
• political parties—10 business days.

Other innovations include the option for digital registration, reserving a company name, the mandatory provision of a legal address with supporting documents, as well as risk-based oversight for sectors with elevated money laundering risks.

Requirements for the legal address have been clarified. Now, during registration, the address must be confirmed by the property owner’s consent, a lease agreement, or another document authorizing use of the property. Furthermore, it is no longer permitted to use a land plot without a registered building or structure as a legal address.

Risk-based controls are being introduced separately. The registering authority will pay increased attention to companies operating in sectors with high risks of money laundering and financing of illegal activities.

Furthermore, if it is discovered that 10 or more companies are registered under a single individual or legal entity, the registration authority may suspend consideration of the application and forward the information to the tax authorities to verify the actual activities of such entities.

Furthermore, companies are required to report changes in ownership structure, including changes in beneficial owners, and to notify the registration authority of changes in management, address, and other key details within 30 days.