Compliance (Taxation and Other)

COMPLIANCE(Taxation and Other)

Corporate Tax Compliance

Assistance with understanding and adhering to corporate tax regulations.

Preparation and filing of corporate tax returns.

Tax planning and advisory services

VAT Compliance

Ensuring compliance with Value Added Tax (VAT) regulations.

VAT registration and filing services.

Advisory on VAT implications for your business.

Regulatory Compliance Audits

Thorough assessment of your current compliance status.

Identification of gaps and risks.

Detailed reports with actionable recommendations.

Corporate Governance

Establishment and maintenance of effective governance frameworks.

Guidance on board structure, roles, and responsibilities.

Development of policies and procedures.

AML & KYC Compliance

Anti-Money Laundering (AML) policies and procedures.

Know Your Customer (KYC) protocols.

Regular training and updates for staff.

Data Protection & Privacy

Implementation of data protection policies.

Ensuring compliance with the UAE’s data protection laws.

Training and awareness programs.

Financial Compliance

Ensuring compliance with UAE financial regulations.

Internal audits and financial reporting.

Risk management and internal controls

FAQ

* What is the process of setting up a business in UAE ?

Initial approval where an individual or a company submits an application for approval of the activities intended for the said business.
Ensuring all legal requirements are met by the investor. This includes authentication of the investor’s identification, educational qualifications and all financial matters involved in the establishment of the business.
Verification of the business premises and issuance of the investor visa.

* What are visa requirements for investors and employees while setting up a company in UAE ?

Depending on the company type, there are different types of visa requirements in UAE. To live and work in UAE, every foreign national needs a residence visa and in order to employ staff in your organization the manager of the company must have a residence visa which will then allow the company to recruit staff. Offshore incorporations do not require residence visas as these do not entitle the holder to do business in UAE. Free zone incorporations allow for the issuance of residence visas depending on the size of the establishment.

* How many free zones are there in UAE ?

There are more than 40 Free Zones operating in UAE, with over 20 free zones in Dubai alone. M² Consulting can make things simple for you by helping you choose the right free zone for your business.

* What are the advantages of a free zone company ?

No income or capital gain tax for individuals.
No corporate tax.
No duties on imports or exports.
100% foreign ownership.
No recruitment problems as UAE has a large number of skilled professionals and un-skilled labor.
Attractive working environment.
No restrictions on currency.
Excellent support services from free zone authorities and the Government of UAE.

* What is Mainland Company?

A mainland company is a non-free zone setup registered with the approval of Department of Economic development (DED) that allows the investor to freely conduct business operations in any area within UAE.

* What are the advantages of establishing a mainland company?

Conduct business in any part of UAE
Better deals in renting offices and warehouses
Gets investor visa and invite family to live them in UAE
Investor becomes partner in the business
Easily get employee visas for foreign labor

Corporate Tax Compliance

VAT Compliance

Regulatory Compliance Audits

Corporate Governance

AML & KYC Compliance

Data Protection & Privacy

Financial Compliance

Registration, Licenses
& VISA

Compliance

Business Financial
Structuring

Business Evaluation
& Support Services

Due Diligence and
M&A Service

Assessment of Cost including
Risk Assessment

Virtual Chief Financial Officer

Start Up Advisory

Country by Country
Reporting

FAQ

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