Uncategorized – GetNEDs

Digital Securities: The Future of Investment

Posted on February 12, 2022October 25, 2022Uncategorizedby

Continue reading →

Why you don’t need to be the smartest person in the room

Posted on February 8, 2022October 25, 2022Uncategorizedby

Continue reading →

Key considerations for UAE companies expanding Internationally

Posted on January 20, 2022February 18, 2022NED's Articles, Uncategorizedby

Neil Gordon Guthrie

Continue reading →

Virtual FinTech Forum (VFF2021) – WealthTech for Responsible Investing

Posted on January 19, 2022October 25, 2022Uncategorizedby

Continue reading →

Blockchain exemplifies the world’s safest vault

Posted on January 12, 2022October 25, 2022Uncategorizedby

Continue reading →

How Blockchain is disrupting the traditional brokerage industry

Posted on February 1, 2021October 25, 2022Uncategorizedby

Continue reading →

Amir Tabch – Tapping Into FinTech in the Middle East

Posted on November 5, 2020October 25, 2022Uncategorizedby

Continue reading →

Webinar: WealthTech as a Service

Posted on August 18, 2020October 25, 2022Uncategorizedby

Continue reading →

Pursuant to ESR, certain companies deploying a “relevant activity” have to demonstrate that they have effective substance in their jurisdiction by satisfying a so-called “economic substance test”. ESR is in force in the UAE since 30th April 2019.

A company meets the test if it is directed and managed in the UAE and has adequate people, premises and expenditure in the country.

In this context, the composition and competence of the board of directors – composed of both executive director(s) and NED/s –, and the proper recording of minutes of all board meetings are key factors when assessing whether a company is compliant or not.