Use case
VAT and KYC tracked with the same rigor as RERA or Ejari
VAT obligations and know-your-customer checks on tenants and owners are compliance requirements too, even though they don't always get the same attention as RERA or Ejari. Meridian tracks both as dedicated controls in the same 14-area compliance engine.
The problem
VAT and KYC compliance are often handled outside the main property compliance process entirely — by an accountant or during onboarding — with no ongoing tracking once the initial check is done.
Why it matters
A lapsed KYC check or a missed VAT deadline is a regulatory exposure like any other control gap — treating it as a one-time task rather than an ongoing one is how it gets missed.
How Meridian helps
- VAT and KYC tracked as two of the 14 controls in the same compliance engine as RERA, DLD, Ejari and Mollak
- Each reviewed with a status — pending, compliant, attention, breach — and an action item where needed
- KYC records tied to the relevant tenant, owner or vendor rather than sitting separately from their profile
- Evidence packing for both controls alongside every other compliance area, for audit readiness
FAQ
Does Meridian file VAT returns?
Meridian tracks VAT compliance status as part of the control engine; it doesn't replace filing through your accounting or tax process.
Is KYC tracked per tenant or per owner?
KYC checks are tracked against the relevant party's record — tenant, owner or vendor — as part of the same compliance control.