Data Protection and Privacy Notice

Data Protection and Privacy Notice

This Privacy Policy explains how Precede Corporate Services Limited, a Corporate Service Provider registered with the Dubai International Financial Centre (“DIFC”), collects, uses, stores, and protects personal data in accordance with the DIFC Data Protection Law No. 5 of 2020 (the “Law”).

By engaging our services or interacting with us, you acknowledge that you have read and understood this Privacy Policy.

1. Who We Are

Precede Corporate Services Limited (“Company”, “we”, “us” and “our”) provides corporate, compliance, and related professional services. In the course of providing these services, we may collect and process personal data relating to our clients, their beneficial owners, officers, employees, representatives, and related parties.

The Company is incorporated in DIFC, with registration number CL 8861, whose registered office is at Emirates Financial Tower, DIFC, Dubai, UAE.

2. What kind of personal data do we collect

Personal data refers to any information relating to an identified or identifiable natural person. The Company collects and processes the following categories of personal data, as applicable:

  • name, address, email address, telephone number and other contact information
  • date and place of birth
  • nationality
  • gender
  • employment details
  • marital status
  • copies of identity documents (passport, national ID, driver’s license, employee ID numbers)
  • source of wealth
  • utility bills, bank statements
  • tax residency
  • details of shareholdings and other assets which are legally or beneficially owned
  • details of people and organizations which may be connected (by family or otherwise)

Please note this list is not exhaustive. Additional personal data may be collected where useful or necessary.

3. How does the Company collect personal data

  • Directly: From prospective and existing clients, business partners, and intermediaries for contracts or compliance.
  • Third Parties: From publicly accessible sources (internet, social networks, World-Check, commercial registers) or organizations connected to you.
  • Website: Through cookies and similar technologies. You can adjust your browser settings to disable cookies.

4. How We Use Personal Data

  • To provide corporate, compliance, and related professional services
  • To fulfil legal, regulatory, and compliance obligations (including DIFC, UAE)
  • To conduct client due diligence, KYC, and AML checks
  • To communicate with clients, service providers, and regulators
  • To maintain proper business and accounting records
  • To protect our legal rights and interests

5. Legal Basis for Processing

  • Performance of a contract
  • Compliance with legal and regulatory obligations
  • Legitimate interests pursued by us or a third party
  • Consent, where required

6. Sharing of Personal Data

We may share personal data with:

  • Regulators, authorities, and government agencies (including DIFC Registrar of Companies, DFSA)
  • Banks, auditors, accountants, and professional advisers
  • Service providers and third parties engaged to support our services
  • Other parties where required by law, regulation, or court order

We do not sell or rent personal data to third parties.

7. International Data Transfers

Where necessary, personal data may be transferred outside the DIFC, including to countries that may not have equivalent data protection laws. In such cases, appropriate safeguards are applied.

8. Data Retention

Personal data will be retained only as long as necessary to fulfil its purpose and comply with legal, regulatory, and contractual obligations.

9. Data Security

We implement appropriate technical and organizational measures to protect personal data against unauthorized access, alteration, disclosure, or destruction.

10. Your Rights

Under the DIFC Data Protection Law, you may have the following rights:

  • Access your personal data
  • Rectify inaccurate or incomplete data
  • Erasure (“right to be forgotten”)
  • Restrict or object to processing
  • Data portability
  • Withdraw consent (where applicable)

Requests to exercise these rights may be submitted using the contact details below.

11. Contact Us

If you have any questions about this Privacy Policy or how your personal data is handled, please contact us:

Email: enquiry@precedehq.com
Phone: +971 42678373