UBO, ESR, FATCA & CRS Compliance
Stay Legally Transparent. Stay Globally Connected.
In today’s evolving regulatory environment, businesses are expected to uphold the highest standards of financial transparency, tax cooperation, and anti-avoidance reporting. At Compliance World, we offer comprehensive assistance with UBO, ESR, FATCA, and CRS compliance—ensuring you meet global standards and avoid penalties.
🔍 What We Cover
✅ ESR (Economic Substance Regulations)
✅ FATCA (Foreign Account Tax Compliance Act)
✅ UBO (Ultimate Beneficial Ownership)
Businesses must disclose their real beneficial owners to prevent misuse for illicit purposes such as money laundering and tax evasion.
We help you:
Identify and verify UBOs accurately
Maintain UBO registers as per local laws
Submit UBO declarations to relevant authorities (e.g., UAE Ministry of Economy, UK Companies House, etc.)
Update changes in beneficial ownership within statutory timelines
Penalties for non-compliance include fines and possible license suspension.
ESR rules apply to entities engaged in “relevant activities” like:
Banking, insurance, leasing
Headquarter businesses
Shipping
Holding companies
Intellectual property
Service centers
We provide:
ESR impact assessments
Filing of ESR Notifications and ESR Reports
Assistance with economic substance tests
Audit preparation and document review
Avoid administrative penalties of up to AED 400,000 or deregistration in the UAE and similar fines elsewhere.
If your business qualifies as a Foreign Financial Institution (FFI), FATCA requires disclosure of U.S. account holders and substantial U.S. owners.
We assist with:
FATCA classification and GIIN registration with IRS
Compliance with local FATCA reporting portals
Annual FATCA return submissions
FATCA policy creation and staff training
✅ CRS (Common Reporting Standard)
CRS requires financial institutions to share tax-relevant information on non-resident account holders with local tax authorities under the OECD framework.
We offer:
CRS due diligence procedures
Customer classification and self-certification management
CRS filings via local competent authority portals
CRS audit support and data validation
🌍 Global Compliance, Local Expertise
🌍 Global Compliance, Local Expertise
Our expert team ensures full compliance with UBO, ESR, FATCA, and CRS requirements across jurisdictions, including:
🇦🇪 UAE Ministry of Finance, Ministry of Economy, ADGM, and DIFC
🇬🇧 HMRC and Companies House
🇸🇬 IRAS (Singapore)
🇧🇭 MOICT Bahrain
🇴🇲 Oman Tax Authority and MOCI
🇿🇦 SARS (South Africa)
🇵🇰 SECP and FBR (Pakistan)
