Public Registry for Companies’ Information
A new law regarding a public registry for companies’ information has been issued. The new law is Cabinet Decision No. 107 of 2022 Issuing the Executive Regulations to Federal Decree Law No. 37 of 2021 Concerning the Commercial Registry.
In brief, Article 2 of this law outlines all the details which the registry must include for all companies. These details are for: 1) the company; 2) the owners, and 3) the management.
- The company: The details include but are not limited to: a) address(es), b) license details; c) legal form; and d) manager’s name.
- The owners: This includes owners’ names and details such as: a) contact details (mobile and email), and b) Emirates ID or Passport numbers.
- The management: Lastly, the registry must also include the management’s details, which include: a) directors’ names and their details (including Emirates ID numbers and/or passport numbers); and b) Ultimate Beneficial’s Owner’s (UBO) details.
UAE Public Registry - FAQs
The public registry must be included for all companies within the UAE. These details are for the company; the owners, and the management.
The details include but are not limited to:
- Address(es),
- License details;
- Legal form; and
- Manager’s name.
This includes owners’ names and details such as: a) contact details (mobile and email), and b) Emirates ID or Passport numbers.
The registry must include the management’s details, which include: a) directors’ names and their details (including Emirates ID numbers and/or passport numbers); and b) Ultimate Beneficial’s Owner’s (UBO) details.