A Beneficial Owners Declaration (BOD) is a declaration by the beneficial owner of a company which provides the registered agent with information relevant to the owner's residence, career, present business activity, intended business activity through the company etc. It also requires an undertaking by the beneficial owner that the company will not participate in any activity which is illegal in his country of citizenship, residence or domicile, the Commonwealth of Dominica and the jurisdiction of incorporation and also includes specifically; activities relating in any manner to illegal armaments, money laundering, illegal drugs or other illegal controlled substance.