Beneficial Owner Declaration Form Template for United Arab Emirates

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Beneficial Owner Declaration Form

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Beneficial Owner Declaration Form

"I need a Beneficial Owner Declaration Form for a new tech startup in Dubai mainland, with three individual shareholders each holding more than 25% ownership, to be submitted with our initial company registration in January 2025."

Document background

The Beneficial Owner Declaration Form is a mandatory compliance document required for legal entities operating in the United Arab Emirates, implemented as part of the country's commitment to maintaining transparency and combating financial crimes. This document became a key requirement following the implementation of Cabinet Resolution No. 58 of 2020 and must be maintained by all UAE mainland and free zone companies, except those wholly owned by government entities. The form must be submitted during initial company registration and updated whenever changes in beneficial ownership occur or at least annually. It requires detailed disclosure of individuals who own or control 25% or more of the entity, either directly or indirectly, including through a chain of ownership or control through other means.

Suggested Sections

1. Entity Information: Details of the legal entity including full legal name, license/registration number, jurisdiction of incorporation, and registered address

2. Declaration Purpose: Statement indicating whether this is an initial declaration, annual update, or notification of change in beneficial ownership

3. Beneficial Owner Details: Information about each beneficial owner including full name, nationality, date of birth, passport/ID details, residential address, and percentage of ownership/control

4. Nature of Beneficial Ownership: Specification of how beneficial ownership is held (direct ownership, indirect ownership, control through other means, or senior managing official)

5. Chain of Ownership: Description of the complete ownership chain through which beneficial ownership is exercised, if indirect ownership exists

6. Declaration and Certification: Formal declaration of accuracy and completeness of information, with acknowledgment of legal consequences for false declarations

Optional Sections

1. Nominee Details: Required only if shares are held by nominee shareholders on behalf of beneficial owners

2. Corporate Representative Details: Required when the beneficial owner is a corporate entity rather than an individual

3. Register Keeper Information: Required for entities that maintain their register of beneficial owners through a third-party service provider

4. Change History: Section documenting previous changes in beneficial ownership, required for updates rather than initial declarations

Suggested Schedules

1. Appendix A - Ownership Structure Chart: Visual representation of the ownership structure showing all intermediate entities and percentage holdings

2. Appendix B - Supporting Documents Checklist: List of required supporting documents such as passport copies, proof of address, and corporate documents

3. Appendix C - Definitions Guide: Detailed definitions of key terms including 'beneficial owner', 'control', and 'significant influence' as per UAE regulations

4. Appendix D - Change Notification Form: Template for notifying future changes in beneficial ownership information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services

Banking

Real Estate

Trade and Commerce

Manufacturing

Professional Services

Healthcare

Technology

Retail

Construction

Hospitality

Energy

Transport and Logistics

Education

Media and Entertainment

Relevant Teams

Legal

Compliance

Corporate Governance

Risk Management

Finance

Corporate Services

Company Secretariat

Regulatory Affairs

Due Diligence

Relevant Roles

Compliance Officer

Legal Counsel

Company Secretary

Corporate Governance Officer

Risk Manager

Chief Financial Officer

Managing Director

Board Secretary

AML Officer

Director of Legal Affairs

Corporate Services Manager

Regulatory Compliance Manager

Company Registrar

Due Diligence Officer

Find the exact document you need

Declaration Of Exemption

A UAE legal document declaring eligibility for and claiming specific exemptions from legal requirements or regulations, requiring proper authentication under UAE law.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Beneficial Owner Declaration Form

Authors

Alex Denne

Find the exact document you need

Declaration Of Exemption

Declaration Card

Conflict Of Interest Declaration Form

Cargo Declaration

International Travel Declaration Form

Salary Declaration Form

Supplier Declaration Form

Police Declaration Form

Medical Declaration Form

International Declaration Form

Immigration Declaration Form

Declaration Of Goods Form

Declaration Form For Courier

Customs Declaration Form

Custodian Declaration Form

Beneficial Ownership Declaration Form

Arrival Declaration Form

Saturation Declaration Form

Nominee Declaration Form

Dissertation Declaration

Custodianship Declaration

Self Declaration Form For Medical Reimbursement

Custom Passenger Declaration Form

Airline Declaration Form

Self Declaration Form For Unemployment

Occupancy Declaration Form

Sponsorship Declaration

Social Declaration Form

Power Of Attorney Declaration

Electronic Health Declaration

Declaration Of Finances

Declaration For Application Form

Third Party Declaration

Self Declaration Form For Address Proof

Self Attested Declaration Form

Customs Clearance Form

Director Declaration Form

Declaration Of Guardianship

Application Declaration

Indemnity Declaration

Consent And Declaration Form

Visa Declaration Form

Simple Declaration Form

Declaration Of Ownership Form

Declaration Of Interest Form

Self Employed Declaration Form

Company Declaration Letter

Background Declaration Form

Standard Declaration Form

Guardian Declaration Form

Plagiarism Declaration Form

Beneficial Ownership Declaration

Citizenship Declaration Form

Cargo Declaration Form

Solemn Declaration Form

Major Declaration Form

Address Declaration Form

Staff Declaration Form

Wealth Declaration Form

Trustee Declaration Form

Patient Declaration Form

Dependent Declaration Form

Import Declaration Form

Driver Declaration Form

Financial Declaration Form

Vendor Declaration Form

Safety Declaration Form

Landlord Declaration Form

Compliance Declaration Form

Copyright Declaration Form

Beneficiary Declaration Form

Beneficial Owner Declaration Form

Relationship Declaration Form

Medical Self Declaration Form

Client Declaration Form