Conformity
Effortless Conformity Solutions for Your Business in the UAE
Maintaining precise and current financial records is essential for your business’s success. Emirazone provides expert bookkeeping services customized to fit your company’s specific requirements.
conformity
Compliance Solutions in the UAE
Establishing an offshore company with Emirazone provides exceptional advantages, such as increased privacy, advantageous tax conditions, and access to top-tier banking services.
Permits and Renewals
- Business License: Obtain the appropriate business license (trade, service, industrial, etc.) from the relevant free zone or mainland authority.
- Annual Renewal: Renew your business license annually to avoid penalties or fines.
Office Space
Physical Presence: Lease or purchase office space within the free zone or mainland as per the minimum space requirements set by the authorities.
Visas and Immigration
- Employment Visas:Apply for employment visas for foreign employees and ensure they have valid residency permits.
- Visa Renewals:Maintain up-to-date records of employee visas and renew them as required.
Shareholder and Director Information
- Notification of Changes:Inform the relevant authorities of any changes in shareholder or director information.
- Corporate Resolutions:Submit resolutions or documentation for significant corporate changes, such as changes in shareholding structure or company name.
Audit and Financial Statements
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Financial Records:
Keep accurate accounting records and prepare yearly financial statements. -
Audited Statements:
File audited financial statements with the appropriate authorities, usually within three months following the end of the fiscal year.
Economic Substance Regulations (ESR)
- ESR Compliance: Comply with ESR if the company undertakes relevant activities (e.g., holding company activities, intellectual property business).
- Annual ESR Reporting: Submit an annual ESR notification and, if applicable, an ESR report demonstrating economic substance in the UAE.
Data Protection
- Data Privacy: Comply with the UAE’s data protection laws and regulations, ensuring the privacy and security of personal data.
Employee Benefits and Compliance
- Labor Law Compliance:Provide employee benefits as required by UAE labor law, including end-of-service gratuity and health insurance.
- Employment Contracts:Comply with labor law regulations regarding employment contracts, working hours, and employee rights.
Ultimate Beneficial Ownership (UBO)
- UBO Disclosure: Disclose UBO information to the relevant authorities.
- UBO Records: Maintain and update UBO records as required by UAE regulations.
Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF)
- AML/CTF Policies:Implement AML and CTF policies and procedures as required by UAE law.Suspicious Transaction Reporting: Report suspicious transactions to the relevant authorities.
Data Protection
- Data Privacy: Comply with the UAE’s data protection laws and regulations, ensuring the privacy and security of personal data.
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Silicon Oasis, Digital Park, Building A2 - Dubai - United Arab Emirates
Phone Number
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Expert Guidance
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