The Ultimate Beneficial Owner (UBO) in UAE is one of the most crucial compliance requirements for businesses operating in the country. Introduced under Cabinet Resolution No. 58 of 2020, the UBO framework enhances corporate transparency, prevents financial crimes, and aligns the UAE with global Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) standards.

https://businessandbeyond.ae/ultimate-beneficial-owner-ubo-uae/