The Abu Dhabi Department of Economic Development (ADDED) has recently announced the launch of a virtual license to enable non-resident foreigners to invest in the emirate prior residence procedures allowing them to conduct business from anywhere outside UAE. This launch is followed by Dubai’s launch of the region’s first virtual Read more…
President’s decree for the UAE’s future! Sheikh Khalifa bin Zayed Al Nahyan, the UAE president has recently issued a decree on the adoption of the country’s 10 principles for the next 50 years for strengthening the union and building a sustainable economy. The decree requires all ministries, federal and local Read more…
What you need to know. What is AML law in UAE? Anti-money laundering (AML) refers to the laws, regulations, and procedures that are put into place to prevent disguising illegally obtained funds as legitimate income, when it is not. Money-laundering investigations by law enforcement often involve scrutinizing financial records for Read more…
The UAE government on 19th May, has announced an overhaul of foreign ownership rules applicable to commercial companies which enables 100% stake of onshore companies from June 1st, 2021. It might be an enormous relief for the foreign investors in UAE, now you can invest and own your own business it’s Read more…
Now you can hold 100% ownership in certain sectors in Mainland UAE. Have you ever thought of starting a business in the UAE? If you have, there is good news for you, and if you haven’t, maybe it’s the right time to think of one. UAE is a country that Read more…
