Family Office Compliance Calendar: Annual Regulatory Deadlines
Complete calendar of important deadlines, filings and compliance requirements for RAKEZ family office.
Family Office Compliance Calendar: Annual Deadlines
Annual Compliance Calendar
Q1 (January - March)
January 31:
- FATCA Form 8938 due (US persons)
- FBAR due (accounts >$10K)
- K-1 statements from PE funds
- Action: Gather tax documents
February 28:
- FATCA withholding adjustments
- CRS self-certification renewal
- Action: Update bank documentation
March 15:
- UAE corporate tax return due
- Estimated tax Q1 (US)
- Action: File tax returns
Q2 (April - June)
April 15:
- US personal tax returns
- UAE corporate tax payment
- Russian tax return (if applicable)
May 31:
- Annual audit (if AUM >$10M)
- Report to board
June 30:
- Mid-year portfolio review
- Family Council meeting
Q3 (July - September)
July 15:
- Estimated tax Q2
- Cash flow review
August 31:
- PE fund valuations updated
- Portfolio rebalancing
September 30:
- 9-month operational review
- Budget finalization
Q4 (October - December)
October 15:
- Estimated tax Q3
- Transfer pricing documentation
November 30:
- Year-end strategy review
- Tax-loss harvesting
- Dividend planning
December 31:
- Final valuations
- Crypto holdings snapshot
- Year-end close
Multi-Year Calendar
Every 3 Years:
- Comprehensive governance audit
- Legal documents review
- Tax structure optimization
Every 5 Years:
- Business plan update
- Market reassessment
- Benchmarking study
Recommended Approach
Hire UAE CPA firm specializing in family offices ($15K-$25K/year) to:
- Manage all deadlines
- Coordinate multi-jurisdiction filings
- Prevent costly mistakes
Frequently Asked Questions
What are main compliance deadlines for RAKEZ family office?
Key deadlines: Jan 31 (FATCA/FBAR), March 15 (UAE tax return), April 15 (US personal taxes), June 30 (mid-year review), Dec 31 (year-end close). Hire UAE CPA firm ($15K-$25K/year) to manage - missed deadlines expensive.
What happens if I miss compliance deadline?
Penalties vary: FATCA non-filing = 30-40% penalty, UAE tax = 5% + 2%/month, CRS = home country taxes. Costs $100K+. Best: Hire accountant ($15K-$25K) to prevent vs $100K+ penalty risk.
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