Ultimate Beneficial Ownership Declaration

Lavin Nalinababu, Business Consultancy


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.

Get in touch

Whatever your question our global team will point you in the right direction

Start the conversation
Get in touch

Share to:

Copy link:

Copied to clipboard Copy