Characteristics of an AFZ International Business Company Set Up:
11. Company Renewal:
Renewals for AFZ International Business Companies falls every anniversary date of incorporation. Failure to do so result in penalties. In the event the company is not renewed within 6 months of the renewal due date, the company will be struck off from the registrar of the companies.
Audit Confirmation Letter issued by appointed auditors of the company along with the latest valid passport copy and recent utility bill for address proof of shareholder/director are required to be submitted every renewal as part of enhanced due diligence. If shareholder is a corporate entity, then latest certificate of incumbency and above stated docs of directors would be required.
12. Documents Required for AFZ International Business Company Registration:
Individual’s KYC Docs:
Corporate Shareholder’s KYC to be attested upto UAE Ministry: