Anti Money Laundering Policy

At OffshorePRO ("the Company"), we are committed to preventing money laundering and terrorist financing in accordance with UAE laws and international standards. This AML Policy outlines our procedures and responsibilities to ensure compliance with all applicable regulations.

1. Introduction

This policy applies to all users ("You") accessing or using the OffshorePRO platform ("the Webapp") and services ("Services") offered by Elite Consulting FZC-LLC ("the Company"), registered in Sharjah Publishing City, United Arab Emirates.

By using our Services, you agree to comply with this AML Policy and all applicable laws and regulations. If you do not agree with any part of this policy, please refrain from using our Services.

2. Definitions

2.1 User or You

Any individual or entity accessing or using the Webapp.

2.2 Services

All products and services offered by OffshorePRO, including but not limited to offshore company setup and related services.

2.3 AML

Anti-Money Laundering laws and regulations.

3. Compliance with Laws

You agree to comply with all applicable local, national, and international laws and regulations when using our Services. This includes, but is not limited to, laws related to anti-money laundering and counter-terrorism financing.

4. Prohibited Activities

You shall not use the Webapp for any unlawful purposes, including but not limited to money laundering, financing terrorism, fraud, or any activities that violate applicable laws.

We do not provide Services to businesses involved in unsupported industries or countries as outlined in this policy.

5. AML Controls and KYC Due Diligence

5.1 Due Diligence

We conduct thorough KYC due diligence on all users, shareholders, beneficial owners, and associated parties. This includes, without limitation, identity verification, document authentication, address verification, background checks, sanctions screening, Politically Exposed Person (PEP) screening, adverse media checks, and source of funds verification.

We reserve the right to request additional documentation or information at any time during the onboarding process or at any point during the business relationship. This may include personal identification documents, proof of address, corporate documents, financial statements, and information about your business activities and sources of income.

5.2 Ongoing Monitoring

We continuously monitor all user accounts, transactions, and activities for suspicious patterns, unusual behaviour, and potential compliance violations. This monitoring is conducted automatically and manually, and may result in account restrictions, additional verification requests, or reporting to authorities at any time and without prior notice.

5.3 Record Keeping

We maintain records of all transactions, due diligence documentation, and compliance findings for a minimum period as required by law. These records may be shared with relevant authorities upon request or as required by applicable regulations.

6. Unsupported Countries

In compliance with AML/CTF regulations and recommendations from credible sources such as the Financial Action Task Force (FATF), we do not offer Services to nationals from the following countries:

• Afghanistan
• Algeria
• Bangladesh
• Belarus
• Bhutan
• Brunei
• Cameroon
• China
• Cuba
• Iran
• Iraq
• Lebanon
• Libya
• Myanmar
• North Korea
• Pakistan
• Russia
• Somalia
• South Sudan
• Sudan
• Syria
• Uganda
• Venezuela
• Vietnam
• Yemen
• Zimbabwe

We reserve the right to update this list at any time without prior notice in accordance with changes in international regulations, sanctions lists, and FATF recommendations.

7. Reporting to Authorities

IF OffshorePRO DETECTS, SUSPECTS, OR HAS REASONABLE GROUNDS TO BELIEVE THAT ANY USER, SHAREHOLDER, BENEFICIAL OWNER, OR ASSOCIATED PARTY IS INVOLVED IN OR CONNECTED TO MONEY LAUNDERING, TERRORIST FINANCING, FRAUD, SANCTIONS EVASION, TAX EVASION, OR ANY OTHER SUSPICIOUS, UNLAWFUL, OR IRREGULAR ACTIVITY, OffshorePRO IS LEGALLY OBLIGATED AND WILL IMMEDIATELY REPORT SUCH FINDINGS TO THE RELEVANT AUTHORITIES.

Relevant authorities include, but are not limited to, the UAE Financial Intelligence Unit (FIU), law enforcement agencies, regulatory bodies, tax authorities, and any other competent authority in any jurisdiction. We comply with all reporting requirements under UAE laws and international AML standards.

Such reports will be made without prior notice to you, without your consent, and without any obligation to inform you that a report has been made, is being made, or will be made. OffshorePRO is prohibited by law from disclosing the existence or contents of any suspicious activity report or regulatory filing to the subject of that report.

8. Confidentiality of KYC and Due Diligence Findings

OffshorePRO SHALL NEVER DISCLOSE, COMMUNICATE, OR PROVIDE ANY EXPLANATION REGARDING THE SPECIFIC REASONS, FINDINGS, RESULTS, OR DETAILS OF ANY KYC DUE DILIGENCE, BACKGROUND CHECK, SANCTIONS SCREENING, PEP SCREENING, OR ANY OTHER COMPLIANCE REVIEW.

You acknowledge and agree that:

• OffshorePRO is under no obligation to explain why your account, application, or service has been refused, suspended, restricted, or terminated as a result of AML/KYC due diligence.
• OffshorePRO will not disclose the nature of any findings, alerts, flags, or concerns identified during any compliance review, whether internal or conducted by third-party providers.
• OffshorePRO will not reveal whether a report has been filed with any authority, nor the contents or outcome of any such report.
• You have no right to access, review, challenge, or appeal any internal compliance decisions, risk assessments, or due diligence outcomes.
• Any request for disclosure of compliance findings will be refused without further explanation.

9. Client Cooperation

You agree to provide all necessary information and documentation promptly upon request to assist with AML/KYC compliance. Failure to provide requested information within the timeframe specified by OffshorePRO will result in immediate suspension or termination of your account and services, without refund and without further notice.

In the event of any investigation or request from governmental authorities, you agree to fully cooperate with us and with the investigating authorities. Failure to comply will result in immediate and permanent termination of your account.

10. Account Termination, No Refund, and Limitation of Liability

10.1 Immediate Account Termination

If any AML/KYC review, due diligence process, or ongoing monitoring results in adverse findings, failed verification, suspicious activity detection, or any compliance concern whatsoever, OffshorePRO reserves the right to immediately and permanently terminate your account and all associated services without prior notice and without any obligation to provide a reason.

This also applies if we receive requests or orders from law enforcement or other governmental authorities requiring us to suspend or terminate your account, or if we determine in our sole discretion that you are engaging in activities that violate this AML Policy, our Terms and Conditions, or are conducting business in unsupported industries or countries.

10.2 Absolute No Refund

NO REFUND, CREDIT, OR COMPENSATION OF ANY KIND WILL BE ISSUED IN ANY CASE WHERE SERVICES ARE REFUSED, SUSPENDED, OR TERMINATED DUE TO AML/KYC COMPLIANCE, REGARDLESS OF THE AMOUNT PAID, THE SERVICES RENDERED, OR THE STAGE OF THE PROCESS.

Upon termination for AML/KYC reasons:

• All access to your account, documents, data, and services will be permanently revoked.
• OffshorePRO shall have no obligation to complete any pending services, including company formation, annual renewals, tax filings, or any other deliverables.
• OffshorePRO shall have no obligation to maintain, store, export, or provide copies of any data associated with your terminated account.
• You remain fully liable for any outstanding fees owed to OffshorePRO at the time of termination.

10.3 Complete Limitation of Liability

OffshorePRO, its parent company Elite Consulting FZC-LLC, its affiliates, officers, directors, employees, agents, and third-party compliance providers shall bear absolutely no liability for any actions taken in connection with AML/KYC compliance, including but not limited to:

• Reporting your information, activities, or transactions to any authority.
• Refusing, suspending, restricting, or terminating your account or services.
• Delaying, freezing, or blocking any transaction, application, or process.
• Any errors, inaccuracies, or false positives in screening results, risk assessments, or compliance checks conducted by OffshorePRO or its third-party providers.
• Any losses, damages, penalties, or consequences you suffer as a result of any compliance action, investigation, or report, whether by OffshorePRO or by any authority.
• Any consequences arising from account termination, including company dissolution, loss of good standing, regulatory penalties, missed filing deadlines, or reputational harm.

You expressly waive any and all claims against OffshorePRO and its affiliated parties arising from or related to any AML/KYC compliance action, and you agree to indemnify and hold harmless OffshorePRO from any claims, losses, or liabilities arising from your failure to comply with AML/KYC requirements or from any reporting obligations triggered by your activities.

11. Training and Awareness

Our employees and agents receive regular training to ensure they are aware of AML laws, regulations, and internal policies.

12. Data Protection

We handle all personal data in accordance with our Privacy Policy and applicable data protection laws.

Information collected for AML purposes will be used solely for compliance and will be securely stored.

13. Updates to the AML Policy

We reserve the right to modify or update this AML Policy at any time without prior notice. Changes will be effective immediately upon posting on our website.

Your continued use of our services after any changes constitutes acceptance of the new policy.

14. Contact Information

If you have any questions or concerns about this AML Policy, please contact us:

Email: compliance@offshorepro.com

Address: Elite Consulting FZC-LLC, Sharjah Publishing City, United Arab Emirates