Corporate organizations are directed and controlled through the systems known as corporate governance. This system also provides value to the company and also handles the matters pertaining with CSR(corporate social responsibility). It is disappointing to see that many corporate organizations operating in Dubai neglect the important commercial companies law. Rules and regulations in UAE are quite stringent and complying with them is mandatory. As per the new law, all companies are supposed to amend their Articles and Memorandum of Association. Any failure in complying with laws can bring a hefty fine for the company.