It is imperative for organizations to develop a Robust Legal Compliance System which will achieve excellence in Corporate Governance and inculcate healthy compliance culture within the organization

1. LEGAL & REGULATORY COMPLIANCE
AUDIT SERVICES

2. WWW.INTUITCONSULTANCY.COM

3. WHAT IS LEGAL & REGULATORY COMPLIANCE AUDIT
Appraisal
A Legal Compliance
Audit is an appraisal of
organizations operations
to determine its
compliance with the laws
and regulations that
apply to it
Risk
mitigation
It advises on mitigation
of risk and liabilities
and formulates
customized guidelines
Simplify
Focus
Lead the way to
simplify compliances
for all businesses,
enabling them to
focus on their core
activities and helping
Indicator
A strong compliance
program is an
indication of the overall
health of a company,
and makes you much
more attractive to
customers, investors
and partners

4. WHAT IS LEGAL & REGULATORY COMPLIANCE AUDIT
Media & Shareholders Compulsion from
Regulators
Loss of Reputation
Cost of non-compliance
higher than cost of
Compliance
RISK PENALTYA systematic, independent and documented
verification process of objectively obtaining and
evaluating audit evidence to determine whether
specific criteria's are met in relation to
applicable legal compliance
It is imperative for organizations to develop a
Robust Legal Compliance System which will
achieve excellence in Corporate Governance
and inculcate healthy compliance culture within
the organization
The changing scenario of the legal system raises
the bar on governance and thrusts greater
responsibility and obligation on the Company
all around the globe
A dedicated team coordinates and monitors all your global subsidiary Corporate Governance activities.
By offering you this “single point of contact” approach, we ensure the smooth and uninterrupted operation of your core
business operations while creating cost savings effected by IMC’s global network of offices and agents

5. WHY LEGAL & REGULATORY COMPLIANCE AUDIT
Increase focus on governance,
accountability & transparency
The legal audit also lays the
groundwork for the establishment of an
ongoing legal compliance and
prevention program in order to ensure
that the company’s goals, structure and
ongoing operations are consistent with
the latest developments in business
and corporate law.
Small non-compliance can lead to
reputation risk to the organization!
01
Complexity in various applicable
law of land
02
03
04
Non compliances could lead to
Penalty
Failure to obtain all proper
permits and license could lead to
fines, penalties, and, in some cases, even
closure of unit by the governmental
agencies
Risk exposure for Directors and
Executives of the business

6. COVERAGE
Category of Law Covered
• Corporate
• Tax (Direct & Indirect)
• Industry Specific
• Commercial
• Import & Export
• Environment, Health & safety
• Municipal law
• Labour Law
Types of Compliance
• Preliminary Compliances [to be done immediately after
set up]
• Ongoing Compliance [to be done on routine basis]
• Periodic Compliance [to be done after certain time]
• Conditional Compliance [to be done on occurrence of
certain event]

7. 04
Understanding relevant compliance
requirement
(applicable laws based on Jurisdiction)
METHODOLOGY
01
02
03
Examination & Review
(all statutory records & documents maintained for
compliance)
Gap analysis & preparation of Report
(Preparation of report highlighting areas of non-
compliance)
Discussion of Recommendation with
Management
Submission of Final
Report
05

8. COMPLIANCE AUDIT  STEPS
02
STEP
Segregate
different areas of
the company to
audit
01
STEP
IMC
Engagement
03STEP
Fact finding through
interviews,
document
Examination
04STEP
05STEP
Discussion of
findings and
recommendatio
ns
Compliance Audit Aim:
An effective compliance audit process ensures your
company is following regulations and avoiding
sanctions.
- Detect compliance issues
- Prevent before they become a problem.
DETECT
PREVENT
RESPOND

9. OTHER COMPLIANCE SERVICES
Providing liasoning support to do
the compliance
Questions and Answer session on
compliance
Support to identify vendor for
liasoning and filing
Review of deliverables of vendors
Understanding Global compliance
requirements
Hands on training for filing returns
and maintaining record & registers

10. WHY IMC?
Rich in
experience
in providing
legal &
regulatory
compliance
solution to
various
Business
type
Professional
team which
includes
qualified
CA, CS, CPA
and Lawyers
to cater to
your
requirement
Audit
covering
minute level
of
compliances
&
Domain
expertise for
all category
of laws
Efficient
response
time &
better
quality and
user friendly
services
Global
Coverage of
almost 120
jurisdictions
and assist in
complete
end to end
solutions

11. ABOUT US
IMC is a cross border advisory firm focusing on the IMEA (India, Middle East &
Africa) markets. We specialize in corporate advisory services, global mobility
services, private client & family advisory, international tax, corporate finance,
mergers & acquisitions, investment advisory and business support & outsourcing
solutions.
IMC is a member firm of CPA Associates International, Inc. (CPAAI), an international
association of high-quality CPA and law firms that provide clients with professional
accounting, auditing, tax, legal and consulting services. CPAAI includes over 150
members in more than 60 countries throughout the world.

12. Dubai, UAE
+9714 3709963
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Contact us
At Our Offices
UNITED ARAB EMIRATES
M02 NBQ Building,
Khalid Bin Al Waleed Road,
Bur Dubai, P.O. Box 115887,
Dubai, United Arab Emirates
KINGDOM OF SAUDI ARABIA
P.O. Box 31991, Al Khobar 319522
Kingdom of Saudi Arabia
SINGAPORE
Block 11, Joo Seng Road,07-114
Singapore 360011
INDIA
Chennai
No.7 Sriji Palace, 17, E.V.K Sampath Road,
Vepery, Chennai – 600 007, India
Mumbai
LLP 64,1st Floor,
Raghuleela Mega Mall,
Behind Poisar Bus Depot,
Kandivali (W), Mumbai – 400067.
bc@intuitconsultancy.com
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ntuit-management-consultancy