Ultimate Beneficial Ownership (UBO) Reporting
UAE regulations require legal entities within scope to maintain accurate beneficial ownership information and keep relevant corporate records updated. Cabinet Decision No. 109 of 2023 establishes the UAE framework for beneficial owner procedures, including requirements relating to beneficial ownership records and updates to relevant information.
At Ritesh Arora & Associates, we assist businesses with UBO identification, documentation, record maintenance, and applicable regulatory updates.
Our Process
How we deliver this engagement.
Ownership Review
Examine the entity's ownership and control structure.
UBO Identification
Determine the applicable beneficial owner information.
Documentation
Prepare and organize supporting records.
Register Update
Maintain required beneficial ownership information.
Ongoing Monitoring
Track changes requiring regulatory updates.
Maintaining Transparent Corporate Ownership
Our UBO Reporting services help UAE businesses maintain accurate beneficial ownership information and meet applicable corporate transparency and reporting requirements.
Our UBO Compliance Services Include
Beneficial Owner Identification
We review ownership and control structures to identify the natural person or persons who ultimately own or exercise control over the legal entity.
UBO Register Preparation
We assist with preparing and maintaining beneficial ownership records and related corporate information.
Ownership Structure Review
We analyze direct and indirect ownership chains, including complex corporate structures where applicable.
Changes & Updates
We assist with updating beneficial ownership information following changes in shareholders, ownership, control, or other relevant corporate details.
Compliance Documentation
We help maintain supporting records required to substantiate beneficial ownership information.
Benefits
- Accurate beneficial ownership records.
- Better corporate transparency.
- Reduced regulatory compliance risks.
- Organized ownership documentation.
- Timely updating of corporate information.
Our general frequently asked questions
Find quick answers to common questions about our services, timelines, and engagement process.
VIEW ALL QUESTIONSOur prices are competitive and market-driven. However, we offer various payment plans and special offers for early buyers. Contact our team to discuss available options and any ongoing promotions.
You will typically need PAN cards, Aadhaar cards, photographs, and address proofs of the directors, along with the registered office address proof.