Corporate structure refers to a visualization of the organization of a company that illustrates the control and ownership framework within the organization. This structure typically depicts the relationships between company officers, such as directors and executives, and the various legal entities associated with the company. 

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The Avallone platform, for instance, leverages these relationships to build a comprehensive corporate structure overview. This overview helps in understanding how different parts of the organization are interconnected, who holds decision-making power, and how ownership is distributed among different entities and individuals. 

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In the Know Your Customer (KYC) process, a corporate structure diagram helps in several ways. For one, it highlights the individuals who ultimately own or control a significant portion of the company, typically those with at least 25% ownership or voting rights. Identification of the ultimate beneficial owners (UBOs) is essential for understanding who benefits from the company’s operations and ensuring they are subject to appropriate due diligence. Also, for organizations with multiple layers of ownership, subsidiaries, and associated entities, a corporate structure diagram simplifies the complexity by visually mapping out all relationships. This helps in comprehensively assessing the company’s risk profile.

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Also see ownership structure.