Whether you are setting up a new business in the UAE or reviewing your business’s approach to current government regulations, staying on top of compliance obligations has never been more important for company directors.
The UAE Economic Substance Law, introduced in April 2019, set forth the requirements for companies to implement and maintain a robust corporate governance framework inclusive of conducting an adequate number of annual board meetings. These increased obligations have impacted the complexity of legislative compliance, resulting in many companies outsourcing their company secretarial and compliance requirements.
A company secretary is responsible for ensuring that the company is compliant with all standard legal and financial requirements within the jurisdiction of incorporation – in this case Abu Dhabi, Dubai and the wider UAE. Company secretarial services typically include the maintenance of company records, document monitoring, compliance services, mandatory filing of the company’s annual accounts, arrangement of the company’s annual general meeting (AGM) and attending shareholder meetings as reporting secretary.
The risks of non-compliance with company secretarial obligations are considerable for a company, its shareholders, and directors. Outsourcing your company secretarial obligations can help to support and guide your business ensuring it stays up to date with key activities such as renewals, record keeping and management of the AGM.
Furthermore, maintaining compliance and keeping up to date with company administrative requirements can be complex and time consuming. Outsourcing company secretarial work eases this time and administrative burden, enabling directors to focus on core business activities. Direct access to experienced and knowledgeable specialists who provide company secretarial services reduces risk whilst being cost effective and time efficient.
PRO Partner Group offers a full range of high quality, cost effective company secretarial services tailored to the requirements of your business. Our responsive service will support you to comply with the complex and changing obligations in the UAE, enabling your business to focus on its core activities and company goals.
Areas that we can assist you with your company secretarial obligations:
Annual Compliance Services
Advice and Assistance
By outsourcing your company secretarial requirements to PRO Partner Group, you will have the comfort of knowing that your company secretarial obligations are being dealt with in a professional and efficient manner, allowing you to focus your attention on your core business needs.
Our specialised team has built a wealth of industry knowledge and experience that enables us to help companies improve business efficiency and assist with company secretarial obligations.
We also keep up to date with evolving legislation and regulations and help companies navigate the changes by tailoring our company secretarial services to their requirements.
For more information on our company secretarial services or for further information on any other related company set up, restructuring or local partner services in Abu Dhabi, Dubai, the wider UAE, Qatar or Oman, do get in touch with us on +971 (0)4 456 1761 for Dubai or +971 (0)2 448 5120 for Abu Dhabi, email us at email@example.com or complete the contact form below and we will be delighted to assist you.
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Regional Business Consultant - Saudi Arabia