LEGAL & COMPLIANCE

Privacy Policy

Last Updated: September 2025. Learn how Thrive Consultants protects your personal and corporate data in compliance with UAE Federal Data Protection Laws.

1. Introduction & Overview

Welcome to Thrive Consultants ("we", "our", or "us"). We are a licensed corporate advisory and business setup consultancy based in Dubai, United Arab Emirates. We are fully committed to safeguarding the privacy and confidentiality of our clients, prospective entrepreneurs, and website visitors.

This Privacy Policy details how we collect, use, store, share, and protect your personal and corporate information when you engage with our business formation services, visit our website, or communicate with our consultants, in accordance with the UAE Personal Data Protection Law (Federal Decree-Law No. 45 of 2021) and applicable international data privacy standards.

2. Information We Collect

To provide tailored UAE business setup, licensing, and corporate banking assistance, we may collect the following categories of information:

  • Personal Identification Information: Full legal name, date of birth, nationality, passport copy, Emirates ID (if applicable), residency visa copy, proof of residential address, and passport-sized photographs.
  • Contact Details: Email address, phone/WhatsApp number, physical residential and corporate addresses.
  • Corporate & Commercial Data: Desired company trade names, proposed business activities, corporate shareholding structure, memorandum of association (MOA) details, parent company documents (for branches/subsidiaries), and board resolutions.
  • Financial & Compliance Records: Source of funds declarations, bank statements, CV/resume of beneficial owners, and Know-Your-Customer (KYC) / Anti-Money Laundering (AML) documentation required by UAE regulatory authorities.
  • Digital & Usage Information: IP address, browser type, device information, and interaction data collected through essential web analytics and cookies.

3. How We Use Your Information

Your data is strictly processed for legitimate corporate setup and legal compliance purposes, including:

  • Submitting trade license applications to UAE Mainland (DET/DED) and Free Zone Authorities.
  • Drafting legal charters, resolutions, Powers of Attorney (POA), and Memorandum of Association.
  • Processing UAE Golden Visa, investor visas, and employee residence permits with the General Directorate of Residency and Foreigners Affairs (GDRFA) and ICP.
  • Liaising with Tier-1 UAE corporate banks to assist with corporate bank account opening.
  • Providing ongoing Public Relations Officer (PRO), VAT filing, and corporate tax compliance advisory.
  • Communicating quotation breakdowns, document checklists, and application milestones.

4. Sharing & Disclosure of Data

We never sell, lease, or rent your personal or corporate data to third-party marketers. Information is disclosed solely to authorized entities as required to execute your setup:

  • UAE Government Authorities & Regulators: Dubai Department of Economy and Tourism (DET), Ministry of Economy, Free Zone Authorities (e.g., IFZA, Meydan, DMCC, DIFC), Federal Tax Authority (FTA), and Ministry of Human Resources and Emiratisation (MOHRE).
  • Partner Financial Institutions: UAE national and international banks for corporate account onboarding, strictly upon your explicit instruction.
  • Legal & Notary Desks: UAE Courts, Ministry of Foreign Affairs (MOFA), and sworn legal translators for document legalization and attestation.

5. Data Security & Storage

We implement industry-grade technical and organizational security measures to protect your documents against unauthorized access, loss, alteration, or disclosure. All digital documents are stored in 256-bit encrypted enterprise cloud repositories, and physical records are handled under strict confidentiality protocols.

Our team members, legal consultants, and PRO officers are bound by comprehensive Non-Disclosure Agreements (NDAs).

6. Your Legal Rights

Under the UAE Personal Data Protection Law, you hold the following rights regarding your personal information:

  • Right to Access: Request a copy of the personal data we hold about you.
  • Right to Rectification: Request corrections to incomplete or inaccurate records.
  • Right to Erasure: Request the deletion of your data once statutory legal retention requirements (e.g., FTA corporate record rules) have lapsed.
  • Right to Restrict Processing: Limit how your information is processed under specific circumstances.

7. Contact Our Compliance Team

If you have questions, privacy requests, or wish to exercise your data rights, please reach out to our legal and compliance desk:

Thrive Consultants — Legal & Compliance Department
Address: Unit 1501, Grosvenor Business Bay Tower, Business Bay, Dubai, UAE

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1501, Grosvenor Business Bay Tower, Dubai

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