UAE Economic Substance Regulation Update: Guidance Released

FEATURED VIDEO On 12 September 2019, the UAE Ministry of Finance released a guidance document (the “Guidance”) regarding the Economic Substance Regulations (“ESR”) introduced earlier this year — Click here to see our previous article on the subject. While the Guidance does not confirm who the Regulatory Authorities are, nor does it set a minimum …

Non-Executive Directors (NEDs)

Non-executive (or independent) directors play a key-role in the proper running of operating companies at all stages of their commercial development. By providing in-depth knowledge and a sounding board to both management and principal(s), they help companies to improve their corporate credibility and governance standards, and by doing so, to accelerate their growth and value …