The UAE is undergoing a significant transformation, aiming to attract foreign talent while offering enticing benefits and incentives to its diverse expatriate population. Notably, starting in 2023, a Job Loss Insurance Scheme will be implemented, providing coverage for employees in both the public and private sectors. This initiative showcases the country’s commitment to enhancing its […]
UAE is all set for opening up the business environment post the lockdown with utmost care. Strict guidelines are in place to practice social distancing, personal safety at the workplace & outdoors, disinfection drives, and more. Businesses in Dubai are preparing for the scale-up after a downtime due to the pandemic. Businesses are Trying for […]
ADGM has recently published comprehensive guidelines for establishing Special Purpose Vehicles (SPVs) within the ADGM Free Zone. To establish an SPV, investors must demonstrate a connection with the UAE and provide supporting documentary evidence. These guidelines ensure a streamlined process while maintaining the integrity of the regulatory framework. Key Highlights of ADGM Special Purpose Vehicles […]
A Holding Company is a strategic business structure designed to possess the controlling stock of other companies. Its primary function is not to produce goods or provide services, but rather to oversee a group of related companies and manage their legal liabilities. By establishing a holding company in a tax haven such as the UAE, […]
Professional License in UAE Update: The recent amendments in the Commercial Companies Law in the UAE mainland have brought a welcome change for obtaining a Professional License. Now, entrepreneurs no longer need to appoint a Local Service Agent, making the process more streamlined and eliminating unnecessary requirements. This significant development not only simplifies the process […]
Sharjah Airport International Free Zone (SAIF Zone) stands out as the top choice for trading and export companies, particularly those involved in export, import, and re-exports within the UAE. This designated zone (VAT Free Zone) boasts an in-house customs checkpoint, ensuring seamless clearance of shipments. Its strategic proximity to Sharjah airport further cements its position […]
Foodstuff Trading plays a pivotal role in Dubai’s business landscape, making significant contributions to the UAE economy. Despite the pandemic, the Foodstuff Trading industry in Dubai remained bustling, driven by the unwavering demand from a diverse customer base and commercial establishments. Positioned as a global trade hub and economic powerhouse in the Middle East, the […]
The United Arab Emirates (UAE) is emerging as a prominent global hub for cryptocurrency, with a surge in cryptocurrency companies and a growing interest in adopting this new technology. It is anticipated that Dubai, along with the rest of the Middle East, will experience a significant boom in the cryptocurrency industry in the coming years. […]
The Dubai Department of Economic Development (DED) serves as the regulatory body for business licensing and governance in mainland Dubai. In order to foster trade and entrepreneurship, DED offers a range of business license categories that enable investors to engage in diverse business activities within Dubai and the UAE. Let’s take a closer look at […]
The Real Estate market in the UAE plays a vital role in the country’s economy and business landscape. With a multitude of upcoming projects and the delivery of completed apartments to their owners, the real estate segment is experiencing significant growth in the region. It is a dynamic industry offering diverse options for investors to […]