Company Management Services in the UAE

Every company based in the United Arab Emirates, whether it is incorporated in a free zone or mainland, should maintain a proper corporate file. This means that all corporate documents, such as memorandums, trade licenses, board resolutions, financial statements, documentation supporting dividend payments, etc. must be kept up to date and always available in case of request by banks, auditors, investors or relevant authorities.

Moreover, if business owners or associated companies are benefiting from the favorable UAE tax regime, it should be ensured that adequate economic substance in the UAE is maintained. In case the company does not meet the aforementioned substance requirements, anti – tax avoidance rules, such as PE (permanent establishment) , CFC (controlled foreign corporation) or “substance over form” principles might be applied in other countries. In order to keep sufficient substance, it is required to prove that the company is fully managed from the territory of the United Arab Emirates.

Nomad Law takes all required time to understand the big picture of clients’ businesses – this enables us to create tailor-made management packages for UAE companies which fully cover both local and foreign requirements in order to fully benefit from the advantages of the UAE tax regime.

Based on individual circumstances, the services we offer range from maintenance of the most basic processes, such as keeping company files in good legal standing and renewing relevant documents/preparing resolutions on time, to more sophisticated solutions, such as increasing the economic presence in the UAE and creating a new corporate governance system, enabling the client to prove the economic substance in the UAE to relevant foreign tax authorities.

Do not hesitate to contact us and we will be happy to discuss your case as well as offer the most suitable company management package.