In the UAE, there are numerous regulations and compliance requirements that your UAE and Dubai-based business must fulfill annually. These obligatory requirements ensure that your business is conducted fairly and in an orderly manner.
It is essential that you are aware of and up to date with the most recent changes to regulations, particularly those that pertain to your UAE entity, its shareholders, general manager, and employees. Significant financial penalties, the closure of bank accounts and businesses, and even imprisonment may result from noncompliance.