Taking into account the aforesaid information the appointment of nominee shareholders in companies in the UAE is infrequent. For this reason, the liability of beneficiary does not differ from the liability of shareholders as these are the same concept in the UAE.
In some cases, another company registered in the UAE or abroad may be appointed as a shareholder of the company. Then liability for actions of parent company in the UAE shall be incurred by another company - shareholder and liability for company - shareholder shall be incurred, in turn, by ultimate owner.
