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LIVE WEBINAR: Updated Corporate Compliance Requirements in the UAE, Is your Company ready?
In cooperation with the German Emirati Joint Council for Industry and Commerce (AHK), we would like to invite you to the upcoming webinar on "Ultimate Beneficial Owners: Updated Corporate Compliance Requirements in the UAE – Is your Company ready?" on October 14, 2020 at 11am (UAE time).
The UAE have recently introduced additional compliance regulations regarding Ultimate Beneficial Owners which require certain actions from companies registered in the UAE:
Through Cabinet Decision No. 58 of 2020 the United Arab Emirates updated their corporate compliance regulations with regard to real beneficiaries (also referred to as ultimate beneficial owners, “UBO”) for the companies in the UAE (excluding those registered in DIFC and ADGM), thereby further strengthening the applicable compliance regime in the UAE. As part of these new regulations companies are required to establish and maintain a register of shareholders, UBOs and nominee directors. Furthermore, companies are required to make a submission of such register to the competent licensing authorities by October 27, 2020.
This webinar will provide you with an overview of the requirements and how to comply with them.
AHK Members, please click here for registration.
Non-AHK Members, please click here for registration (fee of AED 50 will be applied).