01
UBO
Keeping the ultimate beneficial owner register and declaration up to date.
Corporate Services
Corporate compliance
Beyond the trade licence, companies operating in the UAE carry a handful of reporting obligations. Missing them leads directly to administrative penalties.
02
Corporate Records
Maintaining shareholder, director and nominee registers in line with the law.
03
Regulatory Filings
Periodic filings with the licensing authority and other relevant bodies.
04
Licence Renewals
Renewing the trade licence and establishment card on time.
05
Corporate Tax Compliance
Tracking corporate tax registration, the filing calendar and record-keeping.
UBO — who counts?
The ultimate beneficial owner is the real person behind the company. As a general rule it is whoever holds, directly or indirectly, at least 25% of the shares or voting rights, or who holds the power to appoint and remove directors.
If nobody meets that definition, the person exercising actual control over the company is the UBO; if that too cannot be established, the person responsible for senior management is.
Registers the company must keep
- A register of ultimate beneficial owners
- A register of nominee directors and managers — including whether they act on a third party's instructions
- A register of shareholders — shareholdings, voting rights and the dates those rights were acquired
These registers both make the declaration accurate and form part of compliance with commercial companies legislation. Banks look for the same information in their own know-your-customer processes when opening an account.
Speak to our specialists
We map out your compliance calendar and make the required filings on time.