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Kath Zagatti

Profile picture of Kath Zagatti

Kath Zagatti

Active 6 years, 3 months ago
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Core Industries

Digital | e-Commerce | Technology, Family Holding Vehicles, Family Office, Real Estate

Experience

Chiefly focusing on private wealth and real estate practice, Kath has vast experience advising successful individuals and entrepreneurial families with UAE exposure on implementing inter-generational wealth transfer strategies and structuring their operational assets (mainly real estate) and global wealth. Kath has been practicing as a qualified lawyer for the past 10 years and also has vast expertise in corporate structuring and restructuring as well as corporate governance. Kath is regularly advising and implementing optimal corporate structures for the purposes of consolidation of UAE business consisting of mainland LLCs and other assets, such as portfolios and real estate.

Board positions:

To be provided upon enquiry

Name

Kath Zagatti

Your Country

United Arab Emirates

Company

M/HQ

Position

Director – Legal

Gender

Female

Let's Talk.

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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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