When starting a company in Dubai there are many things to consider. Corporate Social Responsibility (CSR) is an area that often gets looked over. Companies that are registered in the United Arab Emirates ought to consider implementing a successful CSR policy within the workplace. For those companies that already have a CSR policy, we ask: Are you aware of and compliant with the United Arab Emirates CSR Law?
As we are approaching Eid al Adha, in the spirit of appreciation, giving, and helping businesses, communities, and others we take a closer look at CSR. We outline what CSR Law contains, and the obligations it will place on UAE businesses and new company setups.
WHAT IS CORPORATE SOCIAL RESPONSIBILITY?
Corporate Social Responsibility is how an organization contributes toward improving and adding value to society in some shape or form. Examples of CSR vary such as: donating money to charities and non-profit organizations, volunteering time or resources towards causes to putting into practice environmentally-friendly procedures at a place of work.