We provide assistance with establishing a company, including advice as to the most appropriate jurisdiction and structure. Thereafter, we provide and on-going advice and support relating to all regulatory compliance and corporate governance matters which include secretarial services. In addition we undertake everyday company administration matters such as visa processing, PRO services, legalization of documents and much more.
In short, our teams of corporate consultants have an expert understanding of the regulatory and administrative requirements in the various Free Zone, Onshore, and Offshore jurisdictions and we work diligently to make sure our clients businesses operate smoothly and efficiently.
Our PRO services will ease your mind from all the admin work required whether for your business or your employees. Check out below what PRO services we provide.
Good corporate governance helps to prevent corporate scandals, fraud, and potential civil and criminal liability of the company. It Also enhances the reputation of the Company and makes it more attractive to customers, investors, suppliers and, in the case of non-profit organizations, contributors.
The UAE has several regulations in place for smooth and fair conducting of businesses. As a responsible entrepreneur, you are obliged to comply with laws that
- govern your business
- protect labour rights, consumer rights and intellectual property rights
- protect health and environment and ensure safety
- govern the free zone in which your business is set up in.
The Economic Substance Regulations (ESR) is in line with UAE’s commitment to the international tax cooperation and transparency. The regulations require UAE’s onshore and free zone companies and other business forms that carry out any of the ‘Relevant Activities’ listed in the regulations’ framework to maintain an adequate ‘economic presence’ in the UAE relative to the activities they undertake ‘Economic Substance Test.’ Find more information about the ‘Economic Substance Regulations’ on the website of Ministry of Finance.
Federal Decree No. 20 of 2018 on Anti-Money Laundering and Countering the Financing of Terrorism was issued to develop the legislative and legal structure of the nation to ensure compliance with international standards on anti-money laundering and countering the financing of terrorism. The law aims to:
- combat money-laundering practices
- establish a legal framework that supports the authorities concerned with anti-money laundering and crimes related to money-laundering
- counter the financing of terrorist operations and suspicious organisations.
The Decree-Law defines a perpetrator of a money-laundering offence as any person who is aware that the money was derived from a felony or misdemeanour, and intentionally commits one of the following acts:
- transferring or transporting proceeds of crime with intent to conceal or disguise its illicit origin
- concealing or disguising the true nature, origin, location, way of disposition, movement or rights related to any proceeds or the ownership thereof
- acquiring, possessing or using such proceeds
- assisting the perpetrator of the predicate offence to escape punishment.
The Law stipulates that money laundering is independent of the predicate crime and that the punishment of the person who has committed a predicate offence shall not protect him or her from being penalised for money laundering.
Did you know?
The United Arab Emirates is among the top 25 least corrupted countries in the world for 2020.