Know who owns your company. Keep your corporate records in order.
Ownership transparency and sound corporate governance are essential to maintaining a well-organised business in the UAE. Companies need to identify their ultimate beneficial owners, maintain accurate records and ensure that relevant corporate information reflects their actual ownership and control.
Megillion helps businesses coordinate UBO registration, ownership disclosures, governance documentation and related corporate updates — with careful attention to the details that matter.
Good governance starts with knowing what needs to be recorded.
A company’s ownership structure is not always straightforward. Shareholding arrangements, indirect ownership, voting rights and control can all be relevant when determining who qualifies as an ultimate beneficial owner.
These details need to be documented accurately and updated when circumstances change.
Megillion helps you understand the applicable requirements, coordinate the necessary documentation and keep ownership information aligned with your company’s corporate records.
Because governance is not just about filing information. It is about keeping the company’s records clear, accurate and consistent with its actual structure.
The details behind ownership matter.
UBO Identification & Registration
Support the identification of ultimate beneficial owners and coordinate the relevant registration process in accordance with the requirements applicable to your company.
Discuss UBO Registration →Ownership Changes & Updates
When shareholders, ownership arrangements or control change, the relevant records and disclosures may need to be updated. We help coordinate the required documentation and amendment process.
Update Your Ownership Records →Corporate Governance Documentation
Prepare or coordinate relevant resolutions, declarations, authorisations and supporting corporate documents to help document company decisions and responsibilities.
Discuss Governance Documents →Corporate Records & Information
Help maintain consistent company information across relevant corporate records and submissions, including ownership details and authorised representatives where applicable.
Review Your Corporate Records →Governance & Compliance Coordination
Identify relevant corporate obligations and coordinate the administrative steps needed to address them, working with your wider compliance requirements.
Review Your Governance Requirements →We look at the structure behind the disclosure.
UBO requirements cannot always be addressed by looking at a shareholder list alone. Indirect ownership, control arrangements and changes in corporate structure may affect the information a company needs to establish and maintain.
We consider the ownership picture.
We help identify the information needed to understand the relevant ownership and control arrangements.
We take documentation seriously.
We coordinate supporting records and identify gaps that may require clarification.
We connect related obligations.
Ownership changes can affect corporate documents, licensing records and regulatory disclosures. We consider the relevant follow-up actions.
We keep the process clear.
You understand what information is needed, what remains outstanding and which steps come next.
We stay involved as your company changes.
Ownership and governance requirements can evolve as your business grows or restructures.
Our approach is practical: understand the structure, document the relevant information and coordinate the requirements carefully.
Clear ownership. Accurate records. Careful follow-through.
- 01
Understand
We review your company’s ownership structure, corporate arrangements and relevant circumstances.
- 02
Identify
We help determine the information and documentation required under the applicable framework.
- 03
Prepare
We coordinate the relevant ownership records, declarations and supporting corporate documents.
- 04
Submit & Coordinate
We coordinate the applicable registration, update or filing process with the relevant parties and authorities.
- 05
Keep Records Current
When ownership or control changes, we help identify the related documentation and updates that may be required.
Requirements depend on the company’s legal form, jurisdiction and applicable regulations. More complex ownership arrangements may require additional documentation or specialist advice.
Frequently asked questions
What is a UBO?
An Ultimate Beneficial Owner is an individual who ultimately owns or controls a company, as determined under the applicable legal framework. The assessment may involve direct or indirect ownership and other forms of control.
Is UBO registration mandatory for every UAE company?
UBO requirements depend on the applicable regulations, legal form and any relevant exemptions. The position should be confirmed for the specific company and jurisdiction.
What information may be needed for UBO registration?
Depending on the applicable rules, information may include ownership details, identification documents, shareholding arrangements and information establishing how an individual ultimately owns or controls the company.
When do UBO records need to be updated?
Changes to ownership, control or other relevant information may trigger an obligation to update records or make a notification within the applicable timeframe. The relevant requirements should be checked when a change occurs.
What is corporate governance?
Corporate governance concerns how a company is directed, managed and held accountable. It can include decision-making authority, corporate resolutions, internal responsibilities, records and compliance with applicable requirements.
Can Megillion help with complex ownership structures?
We can help coordinate the relevant corporate information and documentation and identify where further clarification is needed. Structures involving multiple entities, indirect ownership or complex control arrangements may require specialist legal or regulatory advice.
Clear records start with a clear understanding of ownership.
Whether you are registering UBO information for a new company, updating ownership records or organising your corporate governance documentation, Megillion can help you identify the relevant requirements and coordinate the next steps.