Add Beneficiary

Overview: UAE company/legal entity must register its Ultimate Beneficial Owners in the UAE Trade Register.

Purpose: Add a beneficiary of a company/legal entity

Main specifications:

• Beneficiary is the Ultimate Beneficial Owner (UBO) of a company/legal entity, meaning a natural person who has control over a company/legal entity via, for instance, holding 25% or more of the share capital in a company/legal entity
• Multiple registrations simultaneously are possible
• Only a natural person may be registered
• In case of a change in the composition of the beneficiaries, the company/legal entity is obliged to report the changes to the UAE Trade Register

Registering authority: UAE Trade Register

Term of registration: 2-3 working days

Personal presence: Optional

Conditions for registration:

• Beneficiary – Minimum 1 (maximum – unlimited) natural person of any nationality
• A statement by a natural person stating that he is the Beneficiary of a company/legal entity

Required documents:

• Passport or European ID card (for all associated persons)
• Proof of residential address not older than 3 months (for all associated natural persons)
• Signed UBOs register of the company/legal entity