Document background
The Directors Service Agreement is a fundamental document used when appointing executive or non-executive directors to a company's board in the UAE. It serves as the primary contract governing the relationship between the company and its directors, establishing clear terms of engagement while ensuring compliance with UAE Federal Law No. 32 of 2021 and other relevant regulations. This agreement is essential for both UAE mainland and free zone companies, addressing crucial aspects such as corporate governance requirements, director duties, remuneration structures, and liability provisions. The document must reflect specific UAE legal requirements while incorporating international best practices in corporate governance, making it suitable for both local and international director appointments.
