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Greg Shippee

Profile picture of Greg Shippee

Greg Shippee

Active 5 years, 4 months ago
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Name

Greg Shippee

Your Country

United Arab Emirates

Company

Re/think

Position

Managing Partner

Gender

Male

Core Industries

Accounting and Audit, Family Office, Food and Beverage | Hospitality, Private Equity

Experience

Over sixteen years of corporate finance experience in the US, Europe, and Middle East & Africa regions. Multidimensional expertise and vast experience in strategy consulting, family office controlling, acquisition due diligence and financial planning, budgeting and control.

Board positions:

To be provided upon enquiry

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NEDs and Economic Substance (“ESR”)

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.

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