Despite being a registered owner (i.e. barely a „nominee”), the legal owner of the company (i.e. the owner on the record) may not be the actual beneficial owner of the company. The beneficial owner is the person on whose behalf the company’s transactions and economic relations are made. In the case of legal entities incorporated in Poland, the following individuals’ data must be entered into the CRBR register: 5 shareholders owning more than 25% of the company’s shares; having more than 25% of the votes in the company’s governing body; holding a senior management position in the company if the true beneficiaries or shareholders cannot be identified.