Corporate Governance

Corporate Governance

Corporate Governance ensures that companies in the UAE are adequately guided, directed and controlled within the country’s business and legal landscape. It both provides value to and considers the corporate and social responsibility of a company and its various stakeholders. Companies must ensure they provide timely and correct details to the authorities as necessary such as, to name only a few:

• Change in Director to be appropriately added in the Restated Memorandum of Association
• Timely submission of Board Resolutions
• Change in shareholding pattern
• Replacements of partners

and so on.

Good corporate governance promotes sustainable long-term growth. Elements of exceptional governance include:

• Strengthening board management oversight
• Positioning risk management as a key board responsibility
• Encouraging sound remuneration practices that balance risk and long-term performance

These factors can determine the operational success of a company by laying down the policies to be followed by directors and managers, accounts in reimbursements, employment policies, and other standard operating procedures.

At MBG Corporate Services, our team of experts ensure the legal compliance of our clients’ onshore companies. We guide you through the various challenges involved, including change management within your company, while easing administrative burden and enabling smooth internal and external functioning.