Ancillary Compliances Services

We are here to help businesses complete their ESR (Economic Substance Regulation) compliance with confidence. The ESR Compliance requirements in UAE can be challenging if they lack knowledge, in-house skills or time to dedicate for it. Without ESR Compliance management, businesses may have to pay for hefty penalties from the government, information exchange with foreign governments and license suspension

At Arthshashtri Corporate Services we help businesses deal with ESR Compliance efficiently.

• Talk to our expert advisory team and get consultation for carefully curated ESR compliance for your business. Here we make efforts to understand your requirements and problems.
• Our approach to develop and deliver solutions greatly depends on our research and assessment measures. With this approach, we are able to come up with the best practical solution to propose to our clients. Our solutions are implementable and viable that meets your needs and budget.
• At Arthshashtri Corporate Services, we are dedicated to provide on-time delivery of the agreed-upon solution. With our timely ESR Compliance service, businesses are able to avoid costly penalties and loss of reputation.

With our ESR Compliance support you will be able to do cross-country business activities without the fear of ESR non-compliance.

Money laundering, tax evasion and other financial crimes are constantly on the rise around the world. To combat these crimes, companies focus on obtaining AML compliance norms. One of the requirements of achieving this compliance is to identify the Ultimate Beneficial Owner (UBO) of the company.

In regards to this, the UAE announced Cabinet Decision No. 58 of 2020 to regulate the UBO requirements and procedures. The Resolution became effective on August 28, 2020, replacing the previous Cabinet Resolution No. 34 of 2020.

As per the resolution, the applicable entities must disclose their Ultimate Beneficial Owner/s by the set deadline. We at Arthshashtri Corporate Services, help businesses fulfill the UBO compliance requirements and procedures.

Wages Protection System (WPS) is an electronic salary transfer system introduced by the Government of UAE in 2009. The WPS ensures that businesses can pay their employees easily and transparently, protect their rights by law and reduce the disputes between employers and employees.

For setting up a smooth payroll system for your business, registration to the WPS system and complying with its regulations is important. We at Arthshashtri Corporate Services, offer you absolute WPS compliance services to ensure hassle-free business operations.

• Simply provide the required details of your business with us and we will register your business for the WPS system.
• No need to keep track of the evolving compliance regulations as we will update accordingly as per the changes formulated.
• Save time and effort with our help, as we take care of our WPS compliance and you focus on your business.
• With our post-implementation support, you are able to enjoy perks even after we are done with our WPS compliance services.

Eliminate financial frauds with our expert KYC – Bank Compliances service. We help you stay compliant with secure onboarding and user identity verification solutions. With our KYC Bank Compliance support, you can keep up with the evolving regulations.

• Our approach is customer centric ensuring development of solutions that suit the needs of our clients.
• Proposing practical compliance framework to avoid the regulatory and operational challenges.
• Helps in avoiding non-compliance fines and penalties, therefore, channeling efficiency throughout banking institutions.