Compliance Policy

Last Updated: July 1, 2024

At EMARA CA, we are committed to maintaining the highest standards of compliance with all applicable laws, regulations, and professional standards in the UAE. This Compliance Policy outlines our approach to regulatory compliance and the standards we adhere to as a financial services provider.

1. Regulatory Compliance

EMARA LLC operates in full compliance with the laws and regulations of the United Arab Emirates, including:

  • UAE Federal Tax Authority (FTA) regulations
  • Department of Economic Development (DED) requirements
  • UAE Commercial Companies Law
  • International Financial Reporting Standards (IFRS)
  • Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regulations

2. Tax Compliance

We are committed to helping our clients achieve full compliance with UAE tax regulations, including:

  • Value Added Tax (VAT) compliance
  • Corporate Tax preparation and planning
  • Excise Tax compliance
  • Economic Substance Regulations (ESR) reporting
  • Ultimate Beneficial Owner (UBO) reporting
  • Country-by-Country Reporting (CbCR) obligations

3. Data Protection and Security

We maintain strict data protection protocols to ensure the security and confidentiality of client information:

  • Secure data encryption for all client information
  • Strict access controls and authentication procedures
  • Regular security assessments and updates
  • Compliance with international data protection standards
  • Staff training on data security protocols

4. Anti-Money Laundering (AML) Compliance

Our AML program includes:

  • Comprehensive client due diligence (CDD) and Know Your Customer (KYC) procedures
  • Risk assessment of clients and transactions
  • Ongoing monitoring of client activities
  • Suspicious transaction reporting
  • Regular staff training on AML requirements
  • Maintenance of detailed transaction records

5. Professional Standards

Our team adheres to the highest professional standards:

  • All accountants are qualified and professionally certified
  • Ongoing professional development and training
  • Adherence to the code of ethics for professional accountants
  • Commitment to independence, objectivity, and integrity in all services
  • Regular quality reviews of our work

6. Compliance Management

Our compliance management framework includes:

  • Dedicated compliance officer overseeing all regulatory matters
  • Regular internal audits and compliance reviews
  • Continuous monitoring of regulatory changes
  • Prompt implementation of new regulatory requirements
  • Comprehensive compliance training program for all staff

7. Reporting Compliance Concerns

If you have any compliance concerns or questions, we encourage you to:

  • Speak with your account manager
  • Contact our compliance team directly at ask@emaraagroup.com
  • Use our confidential reporting channel for sensitive compliance matters

We take all compliance concerns seriously and will investigate all matters thoroughly and promptly.

8. Updates to This Policy

We regularly review and update our Compliance Policy to reflect changes in regulatory requirements. The current version of this policy is always available on our website, and significant changes will be communicated to clients directly.

9. Contact Us

For any compliance-related inquiries, please contact us at:

Email: ask@emaraagroup.com
Phone: +971 58 531 2477
Address: EMARA LLC, Dubai, United Arab Emirates