In UAE free zones, non-resident corporates can get single-window administration and 100% ownership. Free zone companies are enterprises registered with designated economic zones in the UAE.
The United Arab Emirates (UAE) stands tall as one of the world’s fastest-growing economies, beckoning entrepreneurs and businesses with the promise of a thriving business haven. Nestled in this oasis of growth is the perfect opportunity to set sail with offshore companies. The UAE’s government has cultivated a business-friendly environment that entices foreign investors and...
Understanding the different business structures in the UAE such as LLCs, Partnerships, PJSCs, Branch Offices, and more will help you make the right decisions. From the dazzling skyscrapers of Dubai to the stunning beaches of Abu Dhabi, the United Arab Emirates (UAE) has become a beacon for foreign investors seeking new horizons. The secret behind...
Free Zones in the UAE (United Arab Emirates) has been a key factor showcasing the country as a global business hub, attracting investors and entrepreneurs from around the world. One of the key factors contributing to this success is the establishment of Free Zones, which serve as specialized economic zones offering a range of benefits...
Ras Al Khaimah Digital Assets Oasis (RAK DAO) Free Zone signs agreement with DIFC Courts, to promote businesses in AI, Metaverse, Blockchain, NFTs, and more digital assets.
In the Abu Dhabi Global Market (ADGM), employment regulations are dealt with by the provisions of ADGM Employment Regulations 2019 (the “Regulations”), ADGM Employment Regulations (Engaging Non-Employees) Rules 2023 (the “Rules of 2023”), and ADGM Employment Regulations 2019 (Compensation Awards and Limits) Rules 2019 (the “Rules of 2019”). The usual practice is to develop an...
Introduction and Legal Framework The Abu Dhabi Global Market (“ADGM”) is an international financial center located in Abu Dhabi, United Arab Emirates (“UAE”). ADGM has its own legal framework, based on the English common law. According to the Federal Law No. 8 of 2004, the financial-free zones and the activities that are conducted within the...
Dubai International Financial Centre (DIFC) has proposed amendments for providing an appropriate regulatory environment for businesses to operate in or from the Centre. Various legislative proposals seek public comments, such as Amendments to the Employment Law Amendments to provide clarity on Qualifying Scheme regime; Amendments to the basic workplace health and safety requirements to include...
The Abu Dhabi Global Market (ADGM) launched new Data Protection Regulations (“the Regulations”) on 14th February 2020, replacing the 2015 version. The new regulations broadly align itself with the European Union’s General Data Protection Regulation (GDPR), which is considered to be the gold standard for data protection legislation. Key Features of The Regulations The new...
