KYC is an abbreviation for the term ‘Know Your Client’. We collect KYC:
to identify our clients and assess risks in providing services to individuals and entities,
to comply with our regulatory and legal obligations as a Company Service Provider, and
to have the information and documents needed to submit to the Regulator to incorporate or make changes to your company.
The table below outlines the KYC requirements for individuals and corporate entities. Depending on the circumstances, additional documents or information may be required. We appreciate that the KYC requirements are extensive but without full and accurate KYC, applications will be returned or rejected and therefore we will always ensure that we have full KYC to ensure regulatory compliance and streamline your application.
Official document confirming current directors and shareholders.
Residential address and current dated proof of address
Certificate of incorporation / registration and Articles of Association
Residence Visa / National ID Card (if applicable)
Current dated commercial or trade licence (where appropriate) or Certificate of Good Standing.
Emirates ID Card (if applicable)
KYC for each Director (see KYC list for individuals in previous column)
Occupation details and CV
KYC for each shareholder with 25% ownership in the entity
Contact details including phone number and email address
All KYC must be provided in English or in its original language with a legal translation attached.