UAE Company Compliance: Full List of Requirements for Periodic Inspections

Running a business in the UAE means staying compliant with strict financial, regulatory, and anti-money laundering standards. Whether you’re in real estate, trade, or a DPMS (Dealer in Precious Metals and Stones), your company may be subject to periodic inspections by relevant authorities.

To ensure a smooth inspection process — and avoid potential fines of up to AED 5,000,000 — it’s critical to have your documentation and procedures in order.

Below is the official list of requirements that UAE companies must maintain and present during a periodic inspection:

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1. Company Information

• Trade License & MOA

• UBO and shareholder register

• Org chart with department heads

• Board and staff list with designations

• Group structure (HQ, branches, licenses)

• Service agreements with external vendors

2. Financial & Banking Details

• Financial statements (2 years)

• AECB credit report

• Bank account list with 12-month statements

3. AML/CFT Policies & Procedures

• Full AML/CFT policy document

• Risk assessment methodology and recent results

• KYC, PEP, record keeping, and TFS procedures

4. Compliance Officer Records

• CO CV and job description

• Agreement with external CO (if outsourced)

• Internal AML/CFT review reports

• Staff AML training plans and attendance logs

• GoAML reporting history

5. Risk Assessment

• Methodology and client risk classification

• Analysis by geography, product, service, and delivery channels

6. Customer Due Diligence (CDD)

• Client list with risk profiles and KYC docs

• Supplier KYC files and sample KYC forms

7. Politically Exposed Persons (PEPs)

• PEP register with management approvals

8. Cash & Virtual Currency Transactions

• All cash transactions over 2 years

• Crypto-related transactions with platform and wallet details

9. Ongoing Monitoring

• Ongoing transaction monitoring processes

• List of red flags used for suspicious activity detection

10. GoAML Reports

• STRs/SARs filed in last 2 years

• Suspicious transaction reports and post-action documentation

• Fund freezing or partial name match reports

11. Record Keeping

• Sample records of financial, commercial, and cash transactions

12. Targeted Financial Sanctions

• Sample screening results against sanction lists

13. Internal Audit

• Latest audit on AML/CFT framework effectiveness

14. AML/CFT Training

• List of trainings for staff and management

• Specific training sessions attended by Compliance Officer

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Non-Compliance Penalties

Failure to comply may result in fines between AED 50,000 and AED 5,000,000, business license suspension, or activity restriction.

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At Fuluflow, we help UAE companies stay ahead of regulatory requirements with AI-powered accounting and compliance solutions. If you’re unsure whether your business is ready for a periodic inspection, reach out — we’ll guide you step-by-step.