Corporate Secretarial

  1. Definition and Objective Economic Substance Regulations (ESR) are regulatory frameworks introduced to ensure that entities conducting specified activities demonstrate real economic presence in the jurisdiction where they are incorporated or tax-resident. The core policy intent is to curb profit shifting, base erosion, and the misuse of low-substance structures. 2. Applicability ESR typically applies to licensees/entities carrying out relevant activities , which commonly include: Holding company activities Distribution and service center activities Finance and leasing Headquarters activities Shipping Intellectual property (IP) business Fund management Banking and insurance An entity is assessed annually to determine whether it falls within scope. 3. Economic Substance Test — Core Pillars To be ESR-compliant, an in-scope entity must satisfy all three limbs of the economic substance test: a) Directed and Managed in the Jurisdiction Board meetings hel...

Devenir Corporate Services provides a fully integrated, compliance-driven company incorporation solution designed to support efficient market entry and long-term scalability. Our services include: Jurisdiction & Structuring Advisory Strategic assessment of the most suitable jurisdiction, legal structure, and ownership framework aligned with commercial, tax, and regulatory objectives. Entity Formation & Registration End-to-end incorporation support, including name reservation, preparation and filing of constitutional documents, MOA/AOA drafting, and liaison with relevant authorities. Licensing & Regulatory Approvals Trade license procurement, activity classification, free zone or mainland setup, and coordination of sector-specific approvals where required. Shareholding & Corporate Governance Share capital structuring, shareholder agreements, board resolutions, UBO disclosures, and establishment of governance best practices. Registered Office & Ongoin...

  UAE Intensifies Corporate Secretarial Compliance Across Jurisdictions The UAE is reinforcing its corporate governance infrastructure with heightened secretarial-compliance oversight, reflecting an elevated regulatory agenda for companies operating in mainland and free-zone jurisdictions. Regulatory advisories highlight expanded enforcement, new fines and stricter documentation standards — making the “secretarial function” a clear point of business risk. Key Developments Regulations now treat lapses in company secretarial duties — such as maintaining statutory registers, convening board/annual general meetings, filing constitutional changes and minute-keeping — as material compliance issues. Under the revised framework, recurring failures may trigger sanctions including licence suspension and director disqualification. Both mainland companies and free-zone entities are subject to aligning their corporate secretarial processes with local and federal laws. As one professional ad...

Company Incorporation Services: Enabling Seamless Market Entry  Establishing a legal entity is more than a checkbox exercise; it is a strategic lever that shapes governance, tax exposure, and investor perception. Company incorporation services create a controlled pathway for businesses to operationalize quickly, demonstrate regulatory hygiene, and secure stakeholder confidence. Why Incorporation Matters A structured legal presence allows enterprises to engage customers, open bank accounts, hire talent, and execute contracts under a recognized framework. The outcome: predictable compliance, clear accountability, and an optimized risk profile. What End-to-End Incorporation Typically Includes Service providers deliver an integrated solution spanning: Regulatory assessment and jurisdiction selection Entity registration, documentation, and licensing Drafting of constitutional documents and board resolutions Bank account facilitation and tax registration Ongoing secret...

  Corporate Secretarial Services: Strengthening Compliance and Corporate Integrity As companies expand across markets and regulations grow more complex, corporate governance becomes a cornerstone of sustainable success. Corporate secretarial services ensure that every business operates within legal boundaries, maintaining the trust of regulators, shareholders, and partners alike. These services handle the core administrative and legal tasks that keep a company compliant— preparing resolutions, maintaining statutory registers, recording minutes, filing annual returns , and coordinating board activities. It’s meticulous work that protects your organization from compliance lapses and reputational damage. A skilled corporate secretary doesn’t just file documents—they advise management on best governance practices , ensuring that decisions are properly authorized, recorded, and aligned with corporate laws. This creates operational transparency and a culture of accountability throughout...

Corporate Secretarial Services: Ensuring Legal Hygiene in Business Operations In a fast-paced regulatory landscape, corporate secretarial services are no longer just about maintaining records — they’re about ensuring a company’s operational integrity and compliance credibility. Whether you’re running a local SME or a multinational group, maintaining legal hygiene through proper secretarial practices is what keeps your business structurally sound and regulator-ready. What Are Corporate Secretarial Services? Corporate secretarial services involve managing the legal and administrative framework that allows a business to operate in full compliance with corporate laws. This includes everything from maintaining statutory registers and preparing resolutions to coordinating board meetings, managing share transfers, and filing with regulatory authorities. A qualified company secretary ensures that every corporate action — whether a director appointment, share issuance, or policy amendment ...