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Michael Horvat

Profile picture of Michael Horvat

Michael Horvat

Active 5 years, 4 months ago
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Name

Michael Horvat

Your Country

United Arab Emirates

Company

Hai Wai Solutions Consulting

Position

General Manager / Founder

Gender

Male

Core Industries

Human Resource Management

Experience

My professional expertise has been built over more than 30 years in HR and Legal Advisory roles, out
of which, 20 years in Senior and Executive management positions in MNC’s. Academic qualifications
include a Masters in Laws and subsequent certifications in international Law and Arbitration, in HSE and
an MIT -Sloan Management certification in Leading Organizational Change. I am also a member of ATD
(Association for Talent Development), SHRM (Sociey for Human Resources Management) and the Dubai
based Community of French Lawyers.

Board positions:

To be provided upon enquiry

Let's Talk.

Send us your inquiry now!



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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