Tag: UBO

Influence of ESR, UBO and AML-CFT laws on beginning and shutting a enterprise within the UAE

Impact of ESR, UBO and AML-CFT regulations on starting and closing a business in the UAE

New Business Regulations Photo credit: Delivered After a tumultuous year ravaged by the COVID-19 pandemic, the start of 2021 has reinvigorated the business environment in the UAE. According to official statistics, Dubai Economy issued 4,796 new licenses in February 2021, compared to 4,639 licenses issued in the same period last year. The increase in the