According to EITI Standard 2.5 requirement, it is recommended that information is publicly available regarding beneficial owners of the corporate entities that bid for, operate or invest in extractive assets, including the identifies of their beneficial owners, the level of ownership and details about how ownership or control is exerted.

In March 2017, the Multi-Stakeholder Working Group (MSWG) published a beneficial ownership roadmap, which documents activities and actions toward full beneficial ownership disclosures of extractive companies in the country. In October 2019, EY Portugal produced a draft of the Feasibility Study on Beneficial Ownership with recommendations regarding the application of the BO in Timor-Leste. This report was finish in July 2020.

2018 TL-EITI Report provides information on accessing the ultimate owners of companies included in the scope of the EITI Report. As most extractive companies operating in the country are publicly listed companies, the links to the stock exchanges where they are listed are provided in the report.

Please click here to see the detail of Beneficial Ownership Road Map Timor-Leste the document.