Anti Money Laundering

The Anti Money Laundering Law: Without prejudice to administrative penalties stated in the law, financial institutions and other financial, commercial and economic establishments operating in the country, one shall be criminally liable for the offence of money laundering if committed in their respective names or for their respective accounts.

The Central Bank shall set a ceiling for the amount that may be brought into the country in the cash without the need for declaration, and any amount in excess thereof shall be subject to the declaration system as established by the Central Bank.

Expanding the business horizon is always a criterion to assess business growth. The UAE has been attracting major cross border business ventures and has become a prime partner, because of its vibrant economy, educated workforce, world leadership in telecommunications and excellent standard of living. Our excellent legal knowledge, understanding and practical experience will render perfect solutions to all your cross border business legal queries, whether it is expansion of business in UAE or overseas.