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When I search for ‘Toyota’, none of the results list the ultimate beneficiary owners.

e.g. ‘ Toyota Baltic Aktsiaselts (10234087)’ lists 1 senior manager under ‘Beneficial owners’… which is clearly nonsense.

He probably doesn’t even own 50% of the intermediary company registered in Estonia… let alone 100%.

Edit: And ‘SIA Toyota Material Handling Baltic Eesti filiaal (11629379)’ doesn’t list anyone at all in that section.

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Toyota is your example of an EU company?

Toyota Baltic Aktsiaselts is an EU company and it has a fake ‘beneficial owner’. But clearly some entity, or series of entities, must actually own it.

So it is an example of the information in at least one section being completely unreliable, with not even an attempt of an ‘owned by non-eu parent company’ disclaimer explaining why it’s fine to list a random senior manager as something that he’s clearly not…

Companies have to have at least some minimum registration where they conduct enough business.

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