Following the introduction of federal Ultimate Beneficiary Regulations – Cabinet Resolution No. 58 of 2020 on the Regulation of the Procedures of the Real Beneficiary (“UBOr”), the Sharjah Airport International Zone (“SAIF Zone”) has announced that all companies established in the SAIF Zone must update and list all the layers of ownership structure of the …

Following the introduction of federal Ultimate Beneficiary Regulations – Cabinet Resolution No. 58 of 2020 on the Regulation of the Procedures of the Real Beneficiary (“UBOr”), the Jebel Ali Free Zone Authority (“JAFZA”) has announced the extension of the deadline for all companies established in JAFZA to update their Ultimate Beneficial Owner (“UBO”) to 15th …