How Audits Ensure Compliance with UAE Corporate Tax and Free Zone Rules
Compliance with corporate tax laws and free zone regulations is paramount for sustainable growth and legal integrity. The UAE has refined its tax framework, placing greater emphasis on transparency, economic substance, and alignment with international standards like the OECD’s Base Erosion and Profit Shifting (BEPS) initiatives. These updates reflect the UAE’s commitment to maintaining a […]
AML checklist for charity organizations
Keeping an Anti-Money Laundering (AML) policy and procedures in place is crucial for charity organizations to maintain integrity, transparency, and compliance with legal regulations 1. AML Policy and Procedures: 2. Risk Assessment: 3. AML Training: 4. Customer Due Diligence (CDD): 5. Transaction Monitoring: 6. Record Keeping: 7. Reporting Suspicious Activities: 8. Whistleblower Policy: 9. Third-Party Relationships: 10. Geographic Risk Assessment: 11. Cash Handling Controls: 12. Donation […]
