09 Jun 2021
Registration of Beneficial Owner
Latest circular issued by Ministry of Economy, U.A.E., with respect to the registration of Beneficial Owner (under Cabinet Decision No 58 of 2020) in their portal.
Subsequent to the U.B.O. registration in the portal,
- any changes in the shareholders
- change in shareholdings
- ownership also need to be modified in the information provided earlier, without undue delay.
A register of Beneficial Ownership to be prepared and maintained.
The last date of registration with the Ministry of Economy is 30th June 2021. However, some of the Free zones have earlier date as cut off date.
All the registration to be done at the earliest to avoid last minute rush and delay.
We can assist you in registering U.B.0 (Ultimate Beneficial Owner) in the portal of the Ministry of Economy and also in maintenance of Beneficial Owner register.
For any queries...Do Contact Us......