Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 57

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 57
---
Further, Veea develops many of its products and
services based on existing laws, rules, regulations and technical standards. Changes to existing laws, rules, regulations and technical
standards, or the implementation of new laws, rules, regulations and technical standards relating to products and services not previously
regulated, could adversely affect Veea’s development efforts by increasing compliance costs and causing delay. Regulatory changes
related to e.g., license fees, environment, health and safety, privacy (including the cross-border transfer of personal data for example
between the EU and the US), and other regulatory areas may increase costs and restrict Veea’s operations.

Veea is subject to certain US and other anti-corruption (including anti-bribery, anti-money-laundering, dual use regulations, sanctions, terror finance and anti-terrorism) laws, rules and regulations.

Veea is required to comply with anti-corruption
(including anti-bribery, anti-money-laundering, sanctions, terror finance and anti-terrorism) laws, rules and regulations in the jurisdictions
in which Veea does business. Veea has policies and procedures designed to assist us and our personnel in complying with applicable laws,
rules and regulations, but our employees and subcontractors may from time to time take actions that violate these requirements. Actions
by Veea’s employees or subcontractors, or by third party intermediaries acting on its behalf in violation of these laws, rules or
regulations whether carried out in the US or elsewhere in connection with the conduct of Veea’s business may expose Veea to significant
liability for violations of such laws, rules or regulations and may have a material adverse effect on Veea, including its reputation,
business, financial condition, results of operations, cash flows, or prospects.

Veea could be subject to additional tax liabilities.

Veea is subject to federal, state, and local income
taxes in the United States and numerous foreign jurisdictions. Determining Veea’s provision for income taxes requires significant
management judgment, and the ultimate tax outcome may be uncertain. In addition, Veea’s provision for income taxes is subject to
volatility and could be adversely affected by many factors, including, among other things, changes to Veea’s operating or holding
structure, changes in the amounts of earnings in jurisdictions with differing statutory tax rates, changes in the valuation of deferred
tax assets and liabilities, and changes in U.S. and foreign tax laws. Moreover, Veea is subject to the examination of Veea’s income