Company Name:	BLUESKY PROPERTIES LLC FZ (referred to as "Company")
Company Email ID:	connect@skyblueuae.com
Company Website:	skyblueuae.com
Registered Address:	ANC Free Zone, United Arab Emirates
Registered Country:	U.A.E.
Last Modified Date of Regulatory Compliance:	6th August 2025

General Compliance

BLUESKY PROPERTIES LLC FZ (here in after referred to as "the Company"), a company duly incorporated and registered under the laws of the UAE in the ANC Free Zone, operates in strict compliance with the legal and regulatory requirements established by the UAE Government, the ANC Free Zone Authority, and applicable international laws. The Company's activities are governed by a robust compliance framework ensuring alignment with the highest standards of corporate governance, financial regulation, and operational transparency.

Licensing and Registration

The Company is registered and duly licences under the ANC Free Zone Authority to conduct business in the fields of real estate advisory, financial services, investment management, and consultancy. All activities undertaken by the Company are fully within the scope of the following licences held by the Company:

• Holding Company Services
• Real Estate and Investment Consultancy
• Non-banking Financial Advisory
• Project Development Consulting

The Company maintains valid and up-to-date licences for each of its operational domains and adheres to the ANC Free Zone's regulations governing its corporate activities, ensuring all required permits and approvals are secured.

Economic Substance Regulations

In accordance with the Economic Substance Regulations (ESR) as promulgated by the UAE Ministry of Finance, the Company meets the requisite economic substance thresholds necessary to benefit from the 0% tax regime afforded to businesses operating in free zones. The Company has implemented significant operational activities within the UAE, as detailed below:

• The Company employs qualified personnel and maintains office space in the UAE.
• The Company performs its core business activities locally, including real estate consultancy, financial advisory, and investment management.
• The Company demonstrates substantial economic activity within the UAE and ensures all regulatory obligations are met to maintain compliance with ESR provisions.

Anti Money Laundering (AML) and Counter Terrorism Financing (CTF) Compliance

The Company is fully committed to the prevention of money laundering and terrorism financing in accordance with the laws and regulations of the UAE and international standards. As part of its AML and CTF compliance, the Company undertakes the following measures:

• The Company implements Know Your Customer (KYC) procedures for all clients, investors, and partners to verify their identities and assess any associated risks.
• The Company monitors all financial transactions for suspicious activity in compliance with the UAE's Anti Money Laundering (AML) laws.
• The Company reports any suspicious transactions to the UAE Financial Intelligence Unit (FIU) through the goAML system, as required by the UAE authorities.
• The Company ensures that all employees, agents, and contractors are fully trained and knowledgeable regarding the current AML and CTF laws to uphold compliance.

Data Protection and Privacy Laws

The Company adheres to the data protection and privacy laws in effect in the UAE, including those governing the handling of personal data and confidential business information. The Company has implemented the following policies to safeguard its stakeholders' personal data:

• The Company's internal data protection policies align with the principles set out by the General Data Protection Regulation (GDPR), where applicable, ensuring that personal information is only collected, processed, and stored for legitimate business purposes.
• The Company has enacted appropriate physical, technical, and administrative measures to protect personal data from unauthorised access, loss, or disclosure.
• The Company requires that all third-party service providers who handle sensitive data on its behalf comply with the same level of data protection standards.

Corporate Tax Compliance

In line with the UAE's corporate tax framework, the Company complies with all tax obligations applicable under Federal Corporate Tax Law. The Company ensures the following:

• The Company has registered with the UAE Federal Tax Authority (FTA) for corporate tax purposes and complies with all filing requirements as stipulated by the tax authority.
• The Company maintains accurate records of all transactions and prepares annual tax filings in compliance with the UAE Corporate Tax Law.
• The Company ensures the timely payment of all applicable taxes, including VAT, where required, and adheres to all tax obligations set forth by the FTA.

Licenses and Permits

The Company holds the following licences and regulatory approvals:

• ANC Free Zone Authority registration and operational licences for real estate advisory, financial consultancy, and development services.
• Valid licences for non-banking financial advisory and real estate consultancy, ensuring full compliance with the regulatory framework.
• All necessary permits are required for the execution of commercial activities under UAE law.

Ultimate Beneficial Ownership (UBO)

In compliance with UAE regulations on Ultimate Beneficial Ownership (UBO), the Company maintains and updates its UBO register, which includes the identification of the natural persons who ultimately own or control the Company. The register is made available for inspection by relevant authorities in accordance with applicable laws.

Financial Auditing and Reporting

The Company engages external auditors, licenced by the UAE's Financial Audit and Licensing Authority, to conduct annual audits of its financial statements. The Company ensures the following:

• The preparation of its financial statements in accordance with the International Financial Reporting Standards (IFRS).
• The submission of audited financial statements to the relevant authorities as per legal requirements.
• Compliance with transfer pricing documentation as required by the UAE tax regulations when engaging in related-party transactions.

Compliance with Industry Standards and Codes of Conduct

The Company ensures its operations align with internationally recognised best practices in the real estate, financial, and investment sectors, including compliance with the International Financial Reporting Standards (IFRS), UAE Real Estate Regulatory Agency (RERA) guidelines, and global standards for investment management.

Conclusion

The Company is fully committed to maintaining compliance with all applicable legal, regulatory, and industry-specific standards. The Company regularly reviews its compliance framework to ensure adherence to any changes in relevant laws and to mitigate any legal risks.

For any further information regarding our regulatory compliance practices or to request specific documentation, please contact us via connect@skyblueuae.com.