GME Innotainment Inc (GMEV)

[Paraceratherium]

Companies interact with a large number of entities in the outside world – customers, third party intermediaries and vendors and suppliers to name the most significant ones. These relationships are the lifeblood of a company.

In today’s world, companies have to know with whom they are dealing – not just the name of the company, not just the officers of the company, but the natural person owners of the company. They are the beneficial owners of the customer, the third party intermediary, the vendor and the supplier.

Why do you need to know the beneficial owners?

The short answer is to ensure compliance with the law.

https://blog.volkovlaw.com/2016/09/dig-little-deeper-importance-beneficial-ownership/