UAE anti-money-laundering guidance tells regulated institutions what to verify about a company customer, its signatories and its owners — and what to do with a foreign company that has no UAE presence.
The central bank and regulator guidance on verifying a company customer.
Regulator guidance expects institutions to verify the customer, any person authorised to act for it (for example signatories, attorneys) and beneficial owners, with acceptable proof of authority including power of attorney, a board resolution or an official registry document.
Institutions must identify and verify the customer and its beneficial owners using reliable independent sources, and understand the customer's business, purpose of the relationship, and ownership and control structure.
Where a corporate customer is owned through other legal entities or trusts, institutions are expected to make reasonable efforts to look through each layer to the natural-person beneficial owners.
CBUAE guidance (Oct 2025) lists what institutions should establish about a legal-person customer, including legal form and constitutional documents, principal place of business, key countries of operation, senior controllers and account signatories, ownership structure down to individual level, and purpose and nature of the relationship.
For a foreign legal person with no UAE presence or UAE representative, the CBUAE guidance says institutions should verify the entity using other supporting documents, such as certified incorporation documents, proof of principal place of business or notarised identification of controlling individuals.
The CBUAE guidance says the beneficial owner check means identifying individuals with a controlling ownership interest of 25 percent or more, and that identifying individuals who control by other means is a last resort when no one meets that description.
AML/CFT and Illegal Organisations Guidelines for Financial Institutions (June 2021) — Central Bank of the UAE
Guidance for LFIs on Customer Due Diligence/Know Your Customer and Record-Keeping (Oct 2025) — Central Bank of the UAE
Fact sheet last reviewed 2026-09-28. Jurisdiction rules are confirmed against the sources above; a provider's own requirements differ and are confirmed by the provider.
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CBUAE guidance (Oct 2025) lists what institutions should establish about a legal-person customer, including legal form and constitutional documents, principal place of business, key countries of operation, senior controllers and account signatories, ownership structure down to individual level, and purpose and nature of the relationship.
For a foreign legal person with no UAE presence or UAE representative, the CBUAE guidance says institutions should verify the entity using other supporting documents, such as certified incorporation documents, proof of principal place of business or notarised identification of controlling individuals.
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Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
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