Corporate governance need of the hour in current circumstances
Since the UAE is home to hundreds of thousands of foreigners with companies from all over the world operating from its base, the need to account for changing societal norms can never be ruled out. With an increasingly complex environment for businesses unfolding with each passing day and the economic upheaval wreaked by the recent corporate collapse due to the COVID-19 pandemic, Corporate Governance has gained prominence as international trade issues in Dubai have risen exponentially recently.
Corporate governance in Dubai is an important issue that underlines every organization’s concerns. We are faced with the daunting task of bringing about an emphasis on Board accountability and performance scrutiny. In short, we need to enforce compliance and conformance with a corporate governance framework in Dubai that targets its needs explicitly.
Why focus on corporate governance
Corporate governance is the focal point or a system that ensures a business is not only directed but also controlled. Companies have an organizational governance structure in place that ordains and outlines the specific distribution of rights and responsibilities among all the stakeholders of a company. The duties are specified to not just the board of directors but also the managers, officers, and shareholders. It goes a step ahead in and establishing and enforcing the rules and procedures for decisions about corporate affairs. These are the reasons why corporate governance works as the binding key that protects the integrity of corporations and ensures the healthy functioning of our economy and its stability through efficient institutions and markets. With an uncertain economic outlook in light of the ensuing pandemic, the need for trade remedy procedures in Dubai has risen.
Why Prime Case is best for your organization’s corporate governance success
Through our stint in the legal field, Prime Case has concluded that lawyers and judges are the instrumental stakeholders in bringing about a positive change to oversee an improvement in corporate governance. With a mandatory corporate governance code in place, companies seek to continuously work with lawyers to ensure compliance with the UAE regulations. Prime Case by forging a close relationship with your business’s higher echelon can prove to be a decisive factor towards unleashing successful corporate governance based on experienced insights. This is reflected in a meaningful change among the owners by laying the foundation for improved corporate governance. For this very reason, we focus on providing the best trade dispute resolution in Dubai through our experienced professionals.
Why choose us over others
Want to learn more about us? Here is a summary of how we serve our clients.
• Outlining an efficient corporate governance strategy and implementing it thoroughly
• Practical corporate governance approach to obtain robust results
• History of accomplishments in winning beneficial resolutions through corporate governance
• Extensive experience and exposure to corporate governance in light of the existing scenario
Ministry of Economy publishes new policy for responsible sourcing of gold on its website in Arabic and English
The Ministry of Economy (MoE) has published the due diligence regulations for responsible sourcing of gold on its website in both Arabic and English, as part of its continuing efforts to implement a stronger anti-money laundering and combating the financing...
The United Arab Emirates has called on its courts to begin enforcing the judgments of British courts, in a move that could affect the city of Dubai's status as a haven for the world's wealthy. The decision, which affects all...
The UAE Ministry of Human Resources and Emiratisation (MoHRE) has urged private-sector companies to reach their Emiratisation targets by the end of 2022. If companies fail to comply, they will face financial penalties. Companies with over 50 employees must ensure that...
Women's Day is celebrated in many countries around the world. It is a day when women are recognised for their achievements without regard to divisions, whether national, ethnic, linguistic, cultural, economic or political However Sheikha Fatima launched Emirati Women's Day...
About Conference It aims to bring together leading academic researchers and research scholars to exchange and share their experiences and research results on all aspects of Law Enforcement & Public Health. It also provides a...
19 students successfully completed their certification course in Common Law and DIFC Courts Practice at the DIFC Academy of Law. This 7-month program aims to help prepare Emirati advocates and other civil law trained lawyers...
If you missed our previous webinar where we covered everything small businesses need to consider when it comes to contracts, finance, real estate or fundraising during the uncertain times, you can now watch it on...
Tune in to this week's episode of the GetBEE Buzz where Mohammad El Ghul from Primecase Law Firm discusses the role of technology in bringing innovation, efficiency, and opportunity in the UAE legal landscape. Listen...
– Advisory & Consultancy
– Corporate Structuring