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JAXA, Auditing Company in Dubai, UAE JAXA, Auditing Company in Dubai, UAE
  • Home
  • Services
    Audit & Assurance Services
    External Audit Services
    Statutory Audit Services
    Internal Audit Services
    Free Zone Audit Services
    Due Diligence Audit Services
    Risk Management Services
    Fraud Investigation Audit Services
    Regulatory Compliance Services
    Accounting Services
    Accounting
    Bookkeeping
    Accounting Supervision Services
    Accounting System Analysis
    Accounts Outsourcing
    Forensic Accounting
    Updating Backlog Accounts
    VAT
    VAT General Consultancy
    VAT Registration
    VAT Return Review and Submission Assistance
    VAT Refund Assistance
    VAT Reconsideration Requests for Penalty Waiver
    VAT Compliance Audit
    VAT Audit Liaison with FTA
    Obtaining Private Clarifications with FTA
    VAT Deregistration Services
    Corporate Tax in UAE
    Corporate Tax Consultation
    Corporate Tax Health Check
    Corporate Tax Implementation
    Corporate Tax Registration
    Corporate Tax Return Filing
    Transfer Pricing Consultation
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Regulatory Compliance Services in UAE

Complying to the Rules and Regulations of the jurisdiction is very important for the Business.

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Jaxa Chartered Accountants

Trusted Partner for Corporate Success

JAXA Chartered Accountants is an UAE-based accounting firm specializing in high-quality bookkeeping, accounting, auditing, and tax preparation services.

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In today’s world, there is huge stress given on the Compliance of rules and regulations all over the world and following the rules and regulations in the Middle East is crucial. Without following these regulations, the company can face huge penalties, and there is a chance that they might have to shut down. It is also to be kept in mind that each of the emirates in the United Arab Emirates has its own rules, so it is very important for businesses to stay updated with the present rules and regulations of the country.

What do you mean by Regulatory Compliance?

 

There are many different parts or departments of a business. Each of these departments needs to conduct their activities in tandem with each other so that they can together be more productive and provide the best possible results. Each of the departments also has to be careful of understanding all the requirements of the jurisdiction. As there are many different places where a company can be set up, such as Free Zones, Offshore, or mainland, and each of them has different rules and regulations.

Regulatory Compliance can be understood as understanding the rules and regulations of jurisdiction and following them. As said before, there are many different jurisdictions and governing authorities which make a rule in the different free zones in the United Arab Emirates. The Government of the UAE makes changes to its rules and regulations frequently, and this creates a need for such services in the country.

Why Is Regulatory Compliance Important in UAE?

 

Since regulatory compliance contributes to maintaining a healthy environment, its importance can be understood as we go through the following points:

  • Business relationships are healthy when a framework is followed
  • Regulatory compliance helps to build strategies regarding risk management
  • It improves the overall health of a business entity
  • It strengthens the litigation process

The aforementioned benefits are crucial for any business. It strengthens the core foundation as well as streamline your business functions. Another aspect you must be wondering is what if you don’t adhere to set regulatory compliance in your organization. Well, let’s have a look at the answer to your question.

What is the result of Non-Compliance of Rules and Regulations by a Business?

 

There are a number of rules and regulations which should be followed by a business so that they do not face any problem in the future of the business. Here are the different results which a business can face if it does not comply with the rules and regulations as mentioned by the relevant authorities. Some of the results which could be faced by a business are:

  1. First and foremost, the company will have to face a lot of penalties, and in case the businesses do not comply with the given rules and regulations.
  2. The damage to the reputation of a company caused due to non-compliance is huge. Both the brand value as well as the complete reputation of the company as well as any entities associated with the company.
  3. The company might have to conduct extra audits, which may result in a further loss in productivity as well as profitability.

There are many other consequences which a company can be felt due to non-compliance with the relevant rules and regulations. Noncompliance can be a very big problem, and to stay up to date on all the facets of business, the management should avail assistance from reputed Auditing and Accounting Firm. If you are planning to step ahead, it is recommended to have a word with a consultant who can help you in establishing the service in your firm. We at JAXA are here to provide you the same. Our experts will help you to necessitate the regulatory compliance services. Contact us to initiate the next steps. We’d be glad to assist you.

Avail best quality Auditing and Accounting services from JAXA

The expert will help to tackle business issues by following proper Accounting and Auditing guidelines will also assist you to scale up your business. JAXA also provides various other services such as Tax Services, Payroll Services, Cash flow forecasting and many more.

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Advantages of Regulatory Compliance Services in UAE

JAXA Chartered Accountants delivers trusted external audit solutions through a team of experienced and certified auditors in Dubai, UAE

Increases Goodwill
Regulatory Compliance Services an help increase the Goodwill of the Company.
Avoid Penalties
Following regulatory Compliance will help avoid punishments and penalties altogether.
Risk Management
Regulatory Compliance forms a massive part of Risk management. Staying compliant will help the different businesses to avoid risk and be more profitable.
Provides new Opportunities
Regulatory Compliance can provide new opportunities to companies in investment and generate more finances which will help the businesses become more profitable.
Strategic Profit Enhancement
Legally handling business data helps build customer trust and long-term loyalty. This encourages repeat business, boosts customer satisfaction, and strengthens lasting relationships through word-of-mouth recommendations.
Cost Effective Operations
By operating in line with regulatory and operational benchmarks, businesses can identify inefficiencies, reduce costs, and make smarter use of their resources.
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Why Choose Us?

Experience the JAXA difference – 18 years of excellence in tax and audit services with unmatched compliance and client- first solutions.

Jaxa Auditors have only the best auditors on board.
Our auditing experience is crucial in the Finance sector.
Our rates are affordable and reasonable, even for small businesses.
We have many existing clients based in and around UAE
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Our working Process

Our working procedure is rooted in driving results and a dedication to deliver a streamlined, client focused approach.

Management Assurance

Assist in Setting and Executing busienss strategies and provide guidance from time to time in order to promote a strong and sustainable risk reurn thinking.

Monitoring

Develop robust organizational policies and Moniter risk and legal compliances.

Internal Audits

Keep a check on the risk management and internal controls and assure the effectiveness of mitigation plan.

Frequently Asked Questions

We understand that one size doesn’t fit all—many ask for personalized options.

Regulatory compliance management refers to ensuring that a business or organization adheres to the regulations, laws, and standards set forth by the government and other regulatory bodies.

Regulatory compliance management is essential in Dubai because the government has strict regulations and laws that businesses and organizations must comply with to operate legally. Failure to comply can result in fines, legal penalties, and even the revocation of a business license.

Some standard regulatory compliance requirements in Dubai include obtaining a business license, complying with labor laws, adhering to environmental regulations, and following health and safety regulations.

Consequences of non-compliance with regulatory requirements in Dubai can include fines, legal penalties, license revocation, and damage to a business’s reputation.

Regulatory bodies in Dubai are responsible for enforcing regulations and laws related to various industries and sectors. They conduct inspections, investigate complaints, and enforce penalties for non-compliance.

 
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We're JAXA Chartered Accountants - An accounting firm based in Dubai which offers high quality Bookkeeping, Accounting, Auditing and Tax Preparation.

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P.O.Box: 92363, # M17, Al Mozna Building, Al Qusais
+971 4 2207355
+971 05 08418752
jiby@jaxaauditors.com

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502, Land Mark Plaza Building, Hamdan St., Abu Dhabi
+971 2 6434602
+971 50 3679897
jisho@jaxaauditors.com

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P.O. Box 263697, #F25 & F28, JAFZA LOB-12(Near Gate 4), Jebel Ali FreeZone, Dubai, UAE
+971 4 8870655
+971 50 6356100
sarju@jaxaauditors.com

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P.O Box 120922, R4 15/A, Sharjah
+971 6 5527901
+971 50 8418752
jaxa@jaxaauditors.com

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P.O. Box: 686575, St Thomas Mall, Opp. Head Post Office, Pala, Palai, Kerala
+91 8089222752
pala@jaxaauditors.com

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