𝐇𝐚𝐯𝐞 𝐲𝐨𝐮 𝐡𝐞𝐚𝐫𝐝 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐧𝐞𝐰 𝐔𝐁𝐎 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬? 👀

UAE recently issued Cabinet Resolution No. 58 of 2020 concerning Regulation of Procedures related to Beneficial owner in August 2020.

Please refer below blog post which will provide you with an overview of these latest compliance regulations in UAE.

𝐊𝐞𝐲 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭s:

Companies registered in UAE (excluding in the financial free zones – DIFC and ADGM) to create and maintain a register of their ultimate beneficial ownership (""UBO"") and to submit UBO data to the relevant registrar or licensing authority by 27th October 2020."