Anti-money laundering legislation requires each EU Member State to establish a Central Register of Beneficial Ownership of Trusts (CRBOT). The trustees of trusts established on or before 23 April 2021 are required to submit details of relevant trusts and their beneficial owners to Revenue by 23 October 2021.
Relevant trusts whose trustees are resident in the State, or which are otherwise administered in the State are obliged to submit information to the Register.
Trustees (or their agents, advisors or employees) can register for the CRBOT, through a ‘Trust Register’ portal on Revenue’s Online Service (ROS). For individual filers who do not have a business tax registration number, the ‘Trust Register’ is available on MyAccount.
Agents or advisors must submit a Trust Register TAIN Link notification on ROS if they are acting in a representative capacity.
Further information is available on the Revenue website.
LOADING...