Briefing · 3 min
UBO and ESR for free-zone companies
MAVYN Team · 1 min read · 28 September 2026
What free-zone and mainland entities miss most often on UBO registers and ESR notifications — and how to fix it before renewal.
Free-zone companies frequently underestimate their UBO and ESR obligations. The penalties for non-compliance can include fines, licence suspension, and reputational damage.
UBO registers must be accurate and current. Any change in beneficial ownership must be reported within 15 days. Many companies fail this basic requirement.
ESR notifications are due annually. If your company conducts a 'relevant activity' — and the definition is broader than most assume — you must file.
The fix is straightforward: audit your current filings, identify gaps, and establish a calendar of obligations. Most issues can be resolved before your next licence renewal.