Benedict Sapin

Name	Benedict Sapin
Your Country	United Arab Emirates
Company	Arnamath Commercial Brokers CO. L.L.C. S.O.C.
Position	General Director
Gender	Male

Experience

Benedict Sapin is a Swiss seasoned professional admitted to the Swiss Bar with over 30 years of experience, including 13 years of international exposure in Africa and the Middle East. His career spans roles as tax and legal counsel, business development director, and consultant, supporting multinationals, family offices, and government negotiations. He combines deep board-level governance expertise with hands-on practice in compliance, AI auditability, and cross-border structuring. Fluent in French, English, and German.

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.

Benedict Sapin

Benedict Sapin

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NEDs and Economic Substance (“ESR”)