India (IN)

Jurisdiction Overview

477 *BO Record: Does the registration of domestic limited partnerships comprise information on the beneficial ownership of all partners? No, for some partnerships no beneficial ownership information is recorded.
 Data Date: 2017


According to the Global Forum: "Under the tax laws and the Partnership Laws requirements, the identity of the partners is available, but the requirements do not cover beneficial ownership." (GF 2017: 48). Although the definition of beneficial ownership under the Companies Act, 2013 mentions partnerships, it applies only to situations where partnerships are shareholders of companies (


GF 2013: 39-40, GF 2017: 48
The Limited Liability Partnership Act