A reporting entity can describe its structure in multiple ways. For example, it can:
- Explain its general structure. This covers the entity’s legal classification (company, partnership, trust, etc.). If the entity is part of a larger group, the statement should provide details on the general structure of the overall group (upstream and downstream from the reporting entity). The statement may also describe the approximate number of workers employed by the entity and the registered office location of the entity (i.e., its statutory address).
- Explain what the entity owns or controls. If the entity does own or control other entities, explain what these entities do and where they are located. For example, the entity may own a foreign subsidiary in another country.
- Identify any trading names or brand names associated with the reporting entity and entities it owns or controls.
Note: the presence of any relevant information should lead to a "Yes" label for this requirement.