Compliance Services in Dubai

It’s essential for businesses to comply with the latest regulations of a market. However, these regulations keep on changing, hence requiring the companies to update their compliance in particular, Anti-Money Laundering (AML) Service in Dubai. It is a time-consuming process to develop compliance standards with the new regulations that keep on evolving. We use a variety of tools and methodologies and our expert team to understand the rules and regulations governing UAE businesses and can help you in developing set of policies and procedures to achieving regulatory compliance.

Anti-Money Laundering (AML)

Anti-Money Laundering (AML) Service in Dubai

Protecting your organization from financial crime is a complex task that requires multiple areas of focus and expertise.

At JRB, we improve your ability to meet regulatory expectations for financial controls by offering a clear understanding of the complexities involved. Our in-depth experience and network of professionals serve to be a tremendous asset to your business.

Our range of services

Economic Substance Regulations (ESR)

Economic Substance Regulations (ESR) Services in Dubia, UAE

As part of the UAE’s commitment to the OECD Inclusive Framework and in response to an assessment of the UAE’s tax framework by the European Union Code of Conduct Group on Business Taxation, the UAE introduced a Resolution on the Economic Substance.

Economic Substance requires a licensee to prove the substance requirements are met in the UAE. To do so, a licensee is required to evaluate the regulations’ applicability on businesses and classifications.

ESR notification and reporting

Preliminary Assessment

Core Assessment

Gap Analysis

Appeals and Litigation

Development of Corporate Governance

UBO Compliance Services

Cabinet Decision No. (58) of 2020 Regulating the Beneficial Owner Procedures requires every licensee to declare beneficial owners of the business. Every registered business or newly incorporated business is required to provide the licensing authority about the beneficial ownership of a business.

Identification of Beneficial Ownership

Maintenance of Registers

Submission of UBO Declaration

Other Regulatory Compliance

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Our Blogs

Our blog is a compilation of insights along with the latest regional and industry developments that will help you to stay up-to-date, ahead and focused.

The Comprehensive Guide to Statutory Audits: From Basics to Practical Examples

Audits are an integral part of the financial world, ensuring transparency, accuracy, and accountability. One of the most commonly heard types of audits is the “statutory audit.” For businesses and stakeholders alike, understanding the ins and outs of this audit is crucial. In this article, we’ll unravel the concept of statutory audit, its process, and […]

Types of Audits: What Every Business Owner Should Know

Understanding the different types of audits is crucial for every business owner. It can impact financial statements, operational efficiencies, and compliance with various regulations. In this blog, we will dive into some of the most common audits that businesses might encounter, and offer a brief insight into each. 1. External Audits What They Are External […]

Who Uses External Audits and Why? Insights for Business Owners

In today’s expansive business landscape, external audits act as pillars of trust, transparency, and credibility. Whether it’s a multinational corporation, a budding startup, or a government agency, these entities turn to audits to ensure the integrity of their financial operations. These audits not only verify financial statements but also solidify an organization’s reputation in the […]

The Five Key Elements of an External Audit Process

The Five Key Elements of an External Audit Process External audits are vital mechanisms in the world of business, ensuring that companies maintain transparency and adhere to financial standards and regulations. By systematically reviewing a company’s financial statements and practices, these audits bolster confidence among stakeholders, including shareholders, creditors, and regulators. To fully grasp the […]

Internal Audit vs. External Audit: Which is More Effective for Your Business?

Internal Audit vs. External Audit: Which is More Effective for Your Business? In the business world, the terms “internal audit” and “external audit” are thrown around quite frequently. While both serve essential functions for a company’s financial health and compliance, they differ in their methods, purposes, and impacts. This article delves deep into these two […]

The Importance and Purpose of External Audits in Business

The Importance and Purpose of External Audits in Business External audits play a critical role in fostering trust, ensuring transparency, and upholding the integrity of financial statements in the business world. As an indispensable part of the corporate landscape, they ensure stakeholders, from investors to lenders and even the general public, can confidently rely on […]

Guidance on Economic Substance Reporting

The U.A.E. Ministry of finance has recently updated guidance on Economic Substance Report.

Environmental, Social, and Governance (ESG)

The year 2021 became the year of ESG investing. Investors concerned about climate change and social...

Economic Substance Regulations (ESR)

The UAE introduced Economic Substance Regulations (“ESR”), effective from 1 January 2019...

Corporate Tax in UAE

UAE Corporate Tax will apply to all UAE businesses, except for the extraction of natural resources...

Auditing in Dubai, UAE

How statutory / external audits work? The word statutory represents that the audit...

Accounting in Dubai, UAE

Accounting, Bookkeeping and Auditing in Dubai...

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