Panama Papers which revealed the hidden wealth of global leaders and politicians, including 1,038 of Indonesian taxpayer, shows that corporations are prone to misuse for money laundering practices. As a global understanding, that perpetrator misuse corporation to hide and conceal the origin of asset, and most of the perpetrator identified as beneficial owner. Therefore, beneficial ownership disclosure is urgent to be implemented in Indonesia, particularly to expose and deal with the financial crime, as in money laundering as well as tax evasion, increase tax revenue, and also support the investment climate. A number of global commitments on beneficial ownership disclosure has been declared by the government and joint advocacy work between government and non-government actors, including civil society, has been developed since then.