Registrations open for UAE’s unified household enterprise registry – ARN Information Centre
The UAE’s unified registry for household companies has began accepting functions from family-owned firms.
The registry, which operates below the supervision of the Ministry of Economic system, serves as a database containing all info associated to family-run firms within the nation.
It was launched in December final 12 months as a part of efforts to strengthen the governance of those companies and help their continuity.
To finish the registration course of, firms are required to submit an preliminary request to the licensing authority that issued their financial licence.
The appliance will probably be forwarded to the Ministry, which can then look at the corporate’s compliance with the laws and circumstances stipulated within the Household Companies Regulation and associated selections.
As soon as the overview is efficiently accomplished, the Ministry proceeds to register the applicant within the registry.
