Fake business registrations are a common money laundering tactic. Criminals create shell companies to move illicit funds undetected. Corporate service providers must verify and report suspicious registrations.
Common Financial Crimes in Corporate Services:
Fake Companies & Identities – Criminals register non-existent businesses.
Complex Business Structures – Creating multi-layered entities to obscure money trails.
Unusual Offshore Transactions – Moving money through multiple jurisdictions to hide its source.
How GoAML Protects Business Registrations:
✅ Identifies fraudulent companies and fake registrations.
✅ Prevents corporate service providers from being misused.
✅ Ensures compliance with UAE AML and KYC (Know Your Customer) laws.
Young & Right – Business Registration Compliance Experts
We help service providers ensure legitimate business registrations while maintaining compliance with
GoAML & AML laws.
Contact
Young & Right to protect your corporate service business today!
