Business Support Services
Offshore Agent
Offshore companies are formed in jurisdictions that offer tax efficiency, confidentiality, and flexible regulatory frameworks.They are ideal for international business expansion, asset protection, and investment structuring.
Service Overview
UAE offers two offshore jurisdictions – JAFZA and RAKICC. MBK Auditing LLC is registered as an authorized offshore agent with both the jurisdictions and can assist clients in setting up and managing offshore companies in recognized jurisdictions. We ensure compliance with international standards and local regulations.
Our services include:
- Offshore company incorporation
- Registered agent and office services
- Documentation and regulatory compliance
- Bank account opening assistance
- Ongoing administrative support
Benefits to Clients
- Tax-efficient corporate structure
- Enhanced confidentiality and asset protection
- Access to international markets
- Simplified regulatory environment
- Professional management and compliance
Certification
Authorities and professional firms often require Know Your Customer (KYC) documents submitted to them to be certified by a lawyer or chartered accountant in practice holding valid registration in the region with professional bodies or relevant Ministries. Certification by these professionals vouches for the authenticity of the documents being certified.
Free Zone and local authorities require certificates and undertakings issued by registered auditors for various purposes such as share capital increase, license renewal, golden visa applications, and other regulatory requirements.
Service Scope
Mr. Rajeev Kulkarni (from MBK) is a qualified Chartered Accountant registered with the Ministry of Economy and Tourism (MoET). He can certify copies of identification documents, address proof, or any other documents after Know Your Customer (KYC) and Customer Due Diligence (CDD) procedures are completed and original documents are verified.
As a registered auditor, MBK issues various undertakings and certificates including:
- No Activity Undertaking: Issued at the time of license renewal when audited financial statements are not required, certifying that the company has not commenced commercial operations during the license period.
- Share Capital Certificate: Certificate confirming the share capital contributed by shareholders at the time of increase in authorized or issued share capital, verified through review of bank statements and shareholding documentation.
- Golden Visa Investment Certificate: Certificate confirming funds invested by a shareholder for golden visa purposes, validated through examination of bank statements, financial statements, and investment documentation.
- Other Specific Certificates: Any other specific certificates requested by regulatory authorities from registered auditors, subject to verification of relevant supporting documentation and compliance with professional standards.
Benefits to Clients
- Professional Certification: Certificates issued by Ministry of Economy and Tourism registered professionals, ensuring acceptance by all UAE authorities.
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Speedy Turnaround: Quick processing and standardized formats ensure timely submission to Free Zone Authorities and other regulatory bodies.
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Regulatory Compliance: Certificates prepared in accordance with specific authority requirements and professional standards.
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Comprehensive Service: Single point of contact for multiple certification requirements, simplifying administrative procedures.
- Reduced Administrative Burden: Professional handling of certification requirements allows management to focus on core business activities.
Ultimate Beneficial Ownership (UBO) Filing
Cabinet Resolution No. (109) of 2023 Regulating the Real Beneficiary Proceduresare designed to enhance corporate transparency and prevent illicit financial activities such as money laundering and tax evasion. Businesses operating in the UAE must disclose the individuals who ultimately own or control them, even if ownership is indirect. This requirement applies across all free zones and mainland jurisdictions.
Service Overview
Benefits to Clients
- Ensures compliance with UBO regulations
- Avoids penalties and regulatory delays
- Maintains accurate ownership records
- Enhances corporate transparency and governance
Company Secretarial Services
Company secretarial services ensure that businesses comply with statutory obligations and maintain proper corporate governance. These services are vital for legal protection, transparency, and stakeholder confidence.
Service Overview
MBK Auditing LLC provides comprehensive company secretarial services including statutory filings, record maintenance, and regulatory compliance. Our team ensures that clients meet all legal and governance requirements.
Services include:
- Maintenance of statutory registers
- Preparation of board and general meeting notices, resolutions and minutes
- Filing of annual returns and updates
- Shareholder and director changes
- Corporate governance advisory
Benefits to Clients
- Compliance with corporate laws and regulations
- Improved governance and transparency
- Reduced administrative burden
- Timely and accurate filings
- Enhanced stakeholder trust
License Renewal and Amendment
Renewing and amending business licenses is essential to maintain legal status and operational continuity. Amendments may include changes in business activity, ownership, or company structure.
Service Overview
MBK Auditing LLC supports clients in renewing and amending licenses across UAE jurisdictions. We ensure timely submissions, accurate documentation, and compliance with regulatory requirements.
Our services include:
- License renewal applications
- Amendment of business activities or ownership
- Coordination with licensing authorities
- Documentation and approvals
- Advisory on regulatory implications
Benefits to Clients
- Timely renewal and uninterrupted operations
- Accurate and compliant amendments
- Reduced risk of penalties or delays
- Expert handling of regulatory procedures
- Strategic support for business changes
Company Incorporation
Company incorporation is the legal process of forming a new business entity that is recognized by the relevant authorities.Setting up a company in the UAE requires careful planning, documentation, and compliance with local regulations. Whether you’re launching a startup or expanding internationally, incorporation is the first step toward establishing your business presence.
Service Overview
MBK Auditing LLC assists clients in incorporating companies across UAE mainland, free zones, and offshore jurisdictions. We guide you through entity selection, documentation, approvals, and post-incorporation compliance.
Our services include:
- Legal structure selection
- Preparation and submission of incorporation documents
- Liaison with government and free zone authorities
- Bank account opening assistance
- Post-incorporation advisory.
Benefits to Clients
- Seamless and compliant company setup
- Expert guidance on legal and regulatory matters
- Time and cost efficiency
- Tailored solutions for business goals
- Ongoing support for operational readiness
Registrations and Affiliations
- MBK Auditing LLC is registered as an approved auditor in all major free zones in UAE including DIFC.
- MBK Auditing LLC is empanelled as auditor with major banking institutions in the UAE
- MBK Auditing LLC is registered as Offshore agent with JAFZA and RAKICC , the two offshore jurisdictions in UAE.
- MBK Auditing LLC is a member of GMNI , an association of legally independent accounting firms worldwide.
- Mr. Rajeev Kulkarni, Managing Partner is a qualified Chartered Accountant, registered with Ministry of Economy and Tourism (MoET) .
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