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Corporate Secretarial Services in Dubai
Corporate Secretarial Services in Dubai also referred to as company secretarial services refer to the set of administrative functions within a business to ensure effective corporate governance, good administration, and timely compliance with the state’s rules, regulations and laws. Managing corporate governance is a must for any business despite its size, type, or industry. Corporate secretarial services can help companies comply with all standard financial, operational, and legal requirements within the jurisdiction of incorporation. In addition, they help businesses to know, understand and learn about the latest state corporate laws as well as to comply with them for smooth business incorporation.
Introduced in April 2019, the UAE Economic Substance Law set forth the requirements for businesses operating across the UAE to streamline business daily functions, operations and activities as well as implement and maintain a vigorous corporate governance framework. Such increased obligations have maximized the complexity of corporate legislative compliance for businesses operating in Dubai.
In addition, many free zones in Dubai have a certain set of rules, regulations and laws which are mandatory to comply with. Resultantly, companies find it challenging to know, understand and operate under such circumstances in Dubai, UAE. Therefore, they need to outsource their company secretarial and compliance activities to corporate secretarial service providers working across the UAE.
No matter whether you are reviewing your business’s approach to current regulations or setting up a new business in the UAE, staying on top of compliance regulations is crucial for uninterrupted business success. Corporate secretarial services help businesses to operate efficiently, smoothly and smartly at the same time without missing out on important activities like coordination of AGM, annual license renewal and more.
- Valuation of your business activities.
- Cataloguing your business activities under certain activities.
- Valuation and compliant reporting of income due to specific activities.
- Full-time employees’ listing and reporting of carrying on certain activities.
What Is Corporate Secretarial?
Corporate Secretarial Services in Dubai also referred to as company secretarial services refer to the set of administrative functions within a business to ensure effective corporate governance, good administration, and timely compliance with the state’s rules, regulations and laws. Managing corporate governance is a must for any business despite its size, type, or industry. Corporate secretarial services can help companies comply with all standard financial, operational, and legal requirements within the jurisdiction of incorporation. In addition, they help businesses to know, understand and learn about the latest state corporate laws as well as to comply with them for smooth business incorporation.
Why Your Company Secretarial Services in Dubai?
Any company operating across the UAE and carrying out relevant business activity must adhere to certain rules and laws i.e. Economic Substance Law UAE. For which you have to maintain records regarding management meetings, the conduct of the board of members, any communication or interaction with stakeholders and shareholders as well as any engagement with government bodies in UAE.
Corporate secretarial services include:
- Document monitoring.
- Compliance services.
- Maintenance of business records.
- Filing of the business’s annual accounts.
- Attending shareholder meetings as reporting secretary.
- Management of the business’s Annual General Meeting (AGM).
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How Do Secretarial Services Work?
To run a business efficiently corporate secretarial services are a must in UAE especially after the government have introduced important rules and regulations. To meet those regulations, businesses outsource their corporate secretarial services to the service providers in Dubai.
Corporate Secretarial service is one of our areas of expertise. Avyanco is a winning team of experts, specialists and consultants covering a wide array of services to help businesses grow uninterruptedly. We strive to help you stand out from the rest by providing corporate secretarial, governance information, directorship services and more.
Here’s how our corporate secretarial services work for companies in UAE:
- Drafting of standard minutes.
- Trade licence amendment renewal.
- Drafting of shareholders’ resolution.
- Additional business activities filings.
- Officers’ and directors’ appointment formalities.
- Shareholders and directors’ signatory arrangements
- Submission of the annual audited financial statement and more.