Ultimate Beneficial Ownership (UBO)

UBO REGULATIONS IN THE UAE

Understand and Comply with UBO Laws in the UAE

The UAE mandates that all companies must disclose their Ultimate Beneficial Owner (UBO) the individual(s) who ultimately own or control the business. At Parkar Accounting, we help businesses identify, document, and report their UBO status in accordance with Cabinet Decision No. 58 of 2020. Whether you’re launching a new company or catching up on missed filings, we ensure you’re fully aligned with UAE UBO requirements.

UBO Definition & Clarification

The Ultimate Beneficial Owner (UBO) is typically the person who holds 25% or more of company shares or controls the business thro

UBO Form Submission in UAE

We assist in preparing and submitting your Ultimate Beneficial Owner form to the relevant licensing authority or free zone authority accurately and on time.

Ongoing Compliance Support

UBO data must remain updated. Parkar Accounting will assist with regular reviews and submissions to ensure compliance with regulatory requirements.

TRANSPARENCY | REGULATORY TRUST | SIMPLIFIED FILING

UBO Compliance Made Easy for UAE Businesses

Non-compliance with Ultimate Beneficial Owner UAE laws can lead to penalties, license delays, and reputational damage. Parkar Accounting ensures you’re fully covered, filing accurately, and updating as needed with zero guesswork.

Our Process

How Parkar Accounting Handles Your UBO Filing

Business Structure Review

We assess your ownership chart, shareholder data, and control hierarchy to determine your UBO.

UBO Form Preparation

We collect required documents, complete your Ultimate Beneficial Owner form, and ensure the details meet FTA and licensing body standards.

Filing & Acknowledgment

We submit the form to the appropriate UAE authority and provide confirmation.

Monitoring & Amendment Filing

We track changes in control or ownership and handle updated submissions to maintain compliance.

Need to File or Update Your UBO Declaration in the UAE?

Parkar Accounting makes UBO compliance simple, secure, and reliable. Whether you’re registering for the first time or updating an ownership change, we’ll handle the full process — quickly and correctly.

Testimonials

See What Our Clients Are Saying

“We’ve worked with Parkar Accounting Firm and have been extremely impressed. As a compliance-focused consultancy, we value professionalism, accuracy, and responsiveness and Parkar delivered on all counts.Highly recommend.”

Natali Muravynts

AMLZone – Compliance Consultant

“Highly recommend Parkar Accounting.
They’ve been fast, reliable, and made the entire experience smooth and stress-free.”

– Amir I.N.S

Entrepreneur

“Kasid is highly professional and always available when I need advice. He’s helped me manage all the accounting for my company and I’m truly happy with the support.
Highly recommended!”

– Ecom Master Solutions

E-commerce Founder

Ultimate Beneficial Ownership (UBO)