Ultimate Beneficiary Ownership

Ultimate Beneficiary Ownership (UBO) Service in Dubai,UAE

Ensure compliance with UAE’s UBO regulations. Contact AEY Auditing of Accounts in Dubai for professional UBO Service in Dubai and across the UAE today.

Why UBO Matters for UAE Businesses

The concept of Ultimate Beneficial Ownership (UBO) has gained legal significance under the UAE Commercial Companies Law and relevant Economic Substance Regulations (ESR). The UAE government mandates that all licensed entities identify and document their UBOs, providing transparency ahead of potential regulatory actions from the Federal Tax Authority (FTA), Free Zones, and anti-money laundering authorities. This requirement protects your business against compliance breaches, financial penalties, and reputation risks. Corporate governance and investor confidence also depend heavily on correctly identifying UBOs—essential for due diligence, mergers, acquisitions, and statutory audits.

What Is Ultimate Beneficiary Ownership?

UBO refers to the individual(s) who ultimately own or control a corporate entity—even indirectly through layers of ownership. Under current UAE rules, any person with 25% or more direct or indirect ownership is considered a UBO. This includes shell companies, trusts, or multi-layered corporate structures. Intermediate shareholders, directors, and family-owned entities often hide the real beneficial owners. AEY’s UBO Service in Dubai ensures accurate mapping of these relationships, providing verified declaration forms and registers in compliance with Free Zone and mainland regulations.

Common Triggers Requiring UBO Declaration

New company registrations in Dubai, Sharjah, Abu Dhabi, or other emirates

Annual license renewals in mainland and Free Zones
ICA or FTA VAT registration updates
Corporate tax and ESR filings
Bank account openings or financial services onboarding
Auditor certifications during financial or compliance reporting

By ensuring proactive compliance, you safeguard your business assets and operations—and avoid potential disruptions.

AEY’s Comprehensive UBO Service in Dubai & UAE

AEY Auditing of Accounts offers a fully managed UBO Service, led by Dubai-registered professional auditors with expertise in ISA and IFRS. Our process is designed to be straightforward and compliant.

1. UBO Mapping & Ownership Analysis

Review corporate documents, shareholder registers, trust deeds, contract copies

Trace ownership chains through holding entities, trusts, or other vehicles

Identify actual persons with ≥25% control or beneficial interest

2. UBO Declaration Forms & Documentation

Prepare required UBO declaration forms for mainland (DED) or Free Zones like DMCC, IFZA, SHAMS

Format documents for FTA, ICA, and AML compliance

Ensure notarization and legal translation (if needed)

3. Verification & Certifications

Certify forms through AEY’s auditors

Provide a UBO Declaration Certificate recognized by banks and regulators

Assign unique reference for internal tracking and audit trail

4. UBO Registry Preparation

Create and maintain a company’s UBO registry (in line with UAE requirements)

Periodical updates during ownership changes

Provide digital or paper register for regulatory presentation

5. Ongoing Monitoring & Support

Regular review of ownership changes

Updates to FTA/ICA or Free Zone authorities

Support in post-audit regulator questionnaires or queries

Benefits of Working with AEY for UBO Service in Dubai

Benefit	Description
Full Regulatory Compliance	Meets requirements for UAE Commercial Companies Law, FTA, ICA, AML, and ESR
Reduced Business Risk	Avoids regulatory fines, license suspension, and trust erosion
Certified by Registered Auditors	Authenticated by Dubai-licensed professionals
Streamlined Annual Renewals	Fast, efficient updating for Free Zones and mainland authorities
Seamless Integration with Audit Services	Combine with internal audit, external audit, or financial & compliance services
Enhanced Governance	Clear ownership structures reassure investors, banks, and auditors

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Where Our UBO Service Applies

We are certified providers of UBO Service in Dubai and across UAE Free Zones, including:

DMCC, IFZA, DIFC, DAFZA, JAFZA

SHAMS, RAKEZ, ADGM, Dubai South

Mainland DED-licensed companies across all emirates

Corporate entities in Sharjah, Ajman, UAQ, and Fujairah

AEY’s auditors align your UBO processes with external audit steps, internal audit frameworks, and wider corporate governance initiatives.

Pricing – UBO Service in Dubai-UAE

Service Package	Starting Fee (AED)	Timeline
Basic UBO Mapping & Declaration	2,500 AED	3–5 business days
Free Zone Certified UBO (e.g., DMCC, DAFZA)	4,000 AED	5–7 business days
Mainland/Corporate Tax-Ready UBO Declaration	5,500 AED	7–10 business days
Annual UBO Registry Maintenance	Custom	Per engagement