IndiansinKuwait.com - India Kuwait News and updates

IndiansinKuwait.coom

MoCI requests accurate shareholder data from business owners

KUNA Sunday, May 19, 2024
MoCI requests accurate shareholder data from business owners

The Ministry of Commerce and Industry said Saturday it communicated notifications to business owners via Sahel app requesting them to log accurate data on actual beneficiary stakeholders in a bid to improve business environment.

The move aims also to prevent suspicious transactions, including money laundering, improve the economic capacity of the state and help the auditing agencies do their mandate, according to a press release from the Ministry.

Business owners are requested to disclose the accurate data of the registered stakeholders whether the beneficiaries had previous registration at the Ministry or not.

They have one week, starting from receiving a Sahel notification, to complete the process of logging the data via the following link Ereg.moci.gov.kw, the statement added.


  IndiansinKuwait.com is now on WhatsApp Channel    Follow Channel


📣 IndiansinKuwait.com is now on Telegram. Click here to join our channel (@IIK_News) and stay updated with the latest headlines

Read this article online at

Express your comment on this article

Submit your comments...
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

 
Kuwait Kannada Koota Celebrates Success of Sahithya Sankalpa Parva - Marala Mallige Day

Under the esteemed leadership of the 2024 Executive Committee—President Mr. Anant Mangalgi, Vice President Mr. Praveen Shett...

IDAK Participates in Oral Health Camp Organized by ICSK

The Indian Dentists Alliance in Kuwait (IDAK) took part in a comprehensive medical and dental screening camp organized by th...

IMA Kuwait’s Ladies Wing Organizes Picnic for Girls

Indian Muslim Association (IMA) Kuwait Ladies Wing organized a fun-filled field trip on May 10, 2024, for its Girls’ Wing kn...

Indian Cultural Society (ICS) presented “Kaho Na Pyaar Hai”

Pioneer of quality entertainment & the producer of regular hit shows, Indian Cultural Society presented “Kaho Na Pyaar Hai” ...

Quickflix - a Mega spot film contest in Kuwait this Friday

For the first time in Kuwait, the Kuwait Film Enthusiasts (KFE) - a group of Indian Film lovers is conducting "QuickFlix" - ...

go top