Compliance Services in UAE

Simplify Compliance with Estabia’s Regulatory Services

Navigating UAE business regulations can be complex, but compliance is essential for smooth operations. At Estabia, our expert compliance team ensures your business meets all legal requirements, including goAML compliance and Ultimate Beneficial Owner (UBO) registration.

Our Mandatory Compliance Services

1. goAML Compliance

The UAE requires businesses to register with the goAML platform to combat money laundering and financial crimes. Our team will:
✔ Register your company on the goAML portal.
✔ Assist with Suspicious Activity Reports (SARs).
✔ Ensure compliance with UAE financial regulations.

2. Ultimate Beneficial Owner (UBO) Registration

All UAE companies must register their UBOs to promote financial transparency. We assist with:
✔ Identifying your Ultimate Beneficial Owner.
✔ Completing the UBO declaration process.
✔ Ensuring compliance with UAE corporate laws.

Your Guide to Business Compliance in the UAE

What Is Business Compliance?
Business compliance ensures that your company adheres to UAE laws and regulations. Failure to comply can result in fines, legal action, or operational restrictions.

Why Is Compliance Important?
🔹 Avoid legal penalties and hefty fines.
🔹 Maintain credibility with banks and government authorities.
🔹 Secure business continuity and smooth operations.

Common Compliance Mistakes & Penalties

🚨 Operating Without a Trade License – Can result in fines of up to AED 200,000 or business closure.
🚨 Failing to Register Employees with MOHRE – Leads to penalties and potential legal action.
🚨 Non-Compliance with UAE Tax Laws – Can result in hefty fines or imprisonment.
🚨 Not Filing goAML Reports – Can lead to business suspension.

Understanding goAML & UBO Registration

goAML Compliance: What You Need to Know

All businesses in the UAE must register on the goAML platform to report suspicious transactions.

✔ Steps for Registration:

  • Submit company details and required documentation.
  • Report suspicious transactions involving high-risk jurisdictions.
  • Maintain proper records to comply with UAE financial crime regulations.

✔ Penalties for Non-Compliance:
Failure to register or report suspicious transactions can lead to severe fines, business suspension, or criminal charges.

Ultimate Beneficial Ownership (UBO) Registration

A UBO is an individual who owns or controls at least 25% of a business. UAE law requires all mainland and free zone companies to disclose their UBO details for transparency.

✔ Steps for UBO Compliance:

  • Identify the primary decision-makers in your company.
  • Submit the UBO declaration to relevant authorities.
  • Maintain updated records for compliance audits.

✔ Why UBO Registration Matters:
UBO compliance helps prevent financial fraud, money laundering, and business ownership concealment.

How Estabia Helps You Stay Compliant

✔ Expert Guidance – We handle all aspects of goAML registration, UBO compliance, and regulatory filings.
✔ Ongoing Support – Stay updated with UAE law changes to avoid penalties.
✔ Hassle-Free Process – We manage compliance paperwork, so you can focus on growing your business.

📞 Stay compliant & avoid penalties! Contact Estabia today.