Ultimate Beneficial Ownership Reporting

Ultimate Beneficial Ownership (UBO) reporting

Tax Advisory
In the recent past, consensus among countries continue to emerge in the regulatory framework, so the information exchange becomes easy. UBO regulations of the UAE requires every body-corporate to report the individual beneficial owners of business, who owns equity shares of 25% or has control over the entity directly or indirectly. It can be quite challenging for organisations with complex corporate shareholding structure with holding and cross-holding to identify, decide or plan UBOs with their corresponding tax residency. We can work with you to plan, plan, simplify, and comply with UBO Regulations.