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UAE 'Ultimate Beneficial Owner' rule: Businesses pay Dh15,000 fines for non-compliance and there could be more
More Dubai businesses are finding that what should be a routine process costing them Dh15 to complete is resulting in penalties of Dh15,000 when they do not comply. This is exactly what is happening for those licensed businesses that are not meeting the UAE’s crackdown on UBO (Ultimate Beneficial Owner)…
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Click here to read the full story: Gulf News