Administrative Costs: These include the expenses related to paperwork, record-keeping, and reporting requirements. Training Costs: Businesses must train their employees to understand and comply with relevant regulations. Audit Costs: Regular audits are necessary to ensure ongoing compliance and to identify any areas of non-compliance. Legal Fees: Companies often need to consult with legal experts to navigate complex regulatory landscapes. Technology Costs: Investing in compliance software and other technological tools can help streamline compliance processes.