Company Services

Our Company Services offering

We deliver our Company Services through a dedicated team of experienced governance professionals, qualified company secretaries, company formations specialists and government liaison experts. Our team specialises in delivering all aspects of legal entity management services, to ensure your entities remain in compliance with local legislation and your business continues to function as required. Our dedicated support ensures that your company secretarial responsibilities and risks are continually managed, allowing our clients to focus on their business’s other core activities.

Simplifying the complex

Our team of experts work closely with local authorities to simplify complex requirements in-country and provide regular updates on any legislation changes, keeping our clients on top of their statutory obligations.

Increased transparency

Our centralised model for delivery, helps our clients to improve visibility and control over their compliance and ad hoc costs, whilst helping to mitigate any risks of non-compliance.

Improved consistency

Our connected global network helps us to ensure a consistent quality of service, coordinating the implementation of your group-wide compliance standards through a dedicated central team, avoiding inconsistencies associated with using multiple providers.

Future-focused support

Our tech-forward approach enables us to deliver our services more efficiently, whilst allowing us to help you to improve the use of your existing technology and explore how you could take advantage of other tech solutions across the market.

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Services:

Company Formations
Legal Entity Management
Corporate Changes
Dissolutions
Technology Optimisation

Company Formations

Setting up entities across the UAE can be a complex and time-consuming process, due to the variety of jurisdictions (i.e. free zone versus mainland) and company types that are available to choose from. To ensure that each entity is established in the right way, to meet the needs of the intended business structure, we carry out a pre-establishment analysis, supported by our restructuring and tax colleagues if required, so that there are no unwelcome issues or expenses faced by our clients in future. Our dedicated team of entity formation specialists provide an end-to-end service, so that you are supported along the way, creating a positive experience to market entry in the UAE.

Legal Entity Management

Local legal compliance requirements can be complex and ever-changing. Our team of qualified and experienced company secretaries are able to simplify these requirements and ensure that your business is kept up to date on all local regulatory developments affecting your entities. We offer both local compliance services, to clients looking for support with a small number of entities in a single jurisdiction, or global legal entity management services, to clients looking to consolidate statutory compliance services for a portfolio of entities under a single provider, both regionally and globally.

Corporate Changes

Each business has bespoke needs, to ensure that they continue to run effectively. Our Company Services team are able to support directly with a variety of corporate transactional services, as may be required by our clients, including:

Ad hoc corporate changes (e.g. director changes, company name changes, registered address changes, amendments to constitutional documents, share transfers, etc.)
Ancillary legal advice and support (e.g. corporate structuring projects, corporate simplification projects, redomiciliations, drafting of Powers of Attorney, etc.)

Dissolutions

Ensuring the closure of your company is registered with the relevant UAE authorities is just as vital as maintaining your business during its lifetime. Failure to properly register the closure of a company in the UAE could lead to financial penalties being levied against the company and can even lead to legal proceedings being brought against your company and its management.

The requirements and processes for closing a company shall vary depending on the entity type and jurisdiction of registration of your company. Our team continuously provides dedicated support and assistance with the closure of all entity types across the UAE and the Middle East so that you are left assured knowing that the closure of your business is being handled in the most diligent and effective manner

Technology Optimisation

As the compliance and regulatory landscape develops, leading to much more complex requirements, it’s becoming increasingly important to have improved oversight of group-wide requirements. There has become an abundance of technology solutions in the market, to support your business in this area, but navigating these solutions can be time-consuming and challenging. We are able to use our relevant experience to identify tech solutions that are most suitable for your requirements and coordinate with the chosen providers on your behalf, to cut through the complexities associated with implementing such solutions.

Insights

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UAE - Important Regulatory Updates and Compliance Requirements

On 19 May 2021 the UAE Minister of Economy, His Excellency Abdulla Al Marri, announced that amendments to the Companies Law in respect of foreign ownership will be implemented from 1 June 2021 and subsequently the Department of Economic Development in Dubai (‘Dubai DED’) has issued further guidelines on the implementation of the Decree, with 100% foreign ownership available for more than 1,000 commercial and industrial activities, including contracting activities, oil & gas activities, various trading activities, agricultural activities and manufacturing activities. However, the list of approved activities will exclude economic activities with a strategic impact in seven key sectors. There will be no additional fees, guarantees or specific capital requirements imposed on companies that are wholly owned by foreign investors. The Decree is not applicable to commercial agencies which are regulated by the Commercial Agencies Law.

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