Ultimate Beneficial Owner(UBO) Declaration in UAE
Lavin Nalinababu, Business Consultancy
Phone:- +971 4 327 7775
Mobile:- +971 50 677 5860
WhatsApp:- +971 56 219 1607
UAE recently replaced Cabinet Decision No. 34 of 2020 with Cabinet Resolution No. 58 of 2020 on the Regulation of the Procedures Related to Real Beneficiaries (“Decision”). According to the new resolution, companies licensed or registered in the UAE (excluding in the financial free zones) must create and maintain a register of their ultimate beneficial ownership(“UBO”) and should submit UBO data to the relevant registrar or licensing authority (“Registrar”).
Our consultants can assist you with
- Consultancy related to UBO declaration
- Maintenance of UBO register
- UBO record maintenance
For more details, click here.
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