Beneficiário Efetivo (UBO)

What is the Beneficiário Efetivo (UBO) Extract?

The Beneficiário Efetivo extract, or UBO extract, is an official declaration maintained by the Portuguese Ministry of Justice (Justiça.gov.pt). It identifies the natural persons who ultimately own or control a legal entity operating in Portugal.

This registry is part of the European Union’s effort to increase transparency and fight money laundering and terrorist financing. Entities operating in Portugal are legally obligated to declare their beneficial owners and update this information annually or upon any change.

What does it look like?

Key Elements

1. Official validation mark with Portuguese Republic emblem and a green status
2. Entity information
   1. Legal entity name
   2. Tax Identification Number (Número de identificação fiscal)
   3. Registered address and legal nature
   4. Industry code (CAE)
   5. Unique Legal Entity Identifier (Identificador único de entidades jurídicas)
3. Declaration Submission Date: the clearly indicated submission date confirms that the data is up-to-date.
   1. A green tick means that the file is up to date.
   2. If the check mark is orange, it means that the legal entity has not submitted the file on time.
4. UBO Details
   1. Full name, nationality, and date of birth
   2. Percentage of capital ownership and/or control held
   3. Type and structure of ownership
   4. Whether the UBO is of legal age and if accompanied in their declaration
   5. Source of information and level of verification

Please note: not all fields are mandatory, so some may be empty.

The UBO extract plays a critical role in Know Your Business (KYB) and Anti-Money Laundering (AML) compliance processes by offering verified ownership information for corporate due diligence.