UAE Federal Decree No. 32 of 2021 on Commercial Companies: Key Provisions
The UAE’s New Companies Law (Federal Decree 32/2021), in effect since January 2022, introduced significant reforms geared towards enhancing the business environment and enticing foreign investment. We note key provisions.
How to Obtain a Virtual License to Set Up a Business in Dubai and Abu Dhabi
Obtaining a virtual license to operate a business in Abu Dhabi and Dubai provides entrepreneurs access to dynamic business opportunities in these markets at reduced costs.
Dubai International Financial Center Announces Digital Assets Law
The Dubai International Financial Center has unveiled the world’s first Digital Assets Law. We discuss implications for the financial system.
UAE Central Bank Calls on Lenders to Extend Loan Repayment Following Unstable Weather Conditions
UAE directs banks and insurers to allow six-month loan repayment delay for customers affected by unstable weather.
Dubai Introduces New Judicial Authority to Resolve Conflicts Between DIFC and Local Courts
Dubai has introduced a new judicial authority to address jurisdictional conflicts between DIFC Courts and local judicial bodies, with the goal of streamlining legal proceedings.
The UAE’s New Digital Law for Payments and Transactions
Enacted in 2023, the UAE’s New Digital Law regulates e-commerce activities, enhances consumer protection, and promotes digital innovation.
Oman Establishes Financial Services Authority: Key Highlights and Implications
Oman is establishing the Financial Services Authority (FSA), which will replace the Capital Market Authority.
UAE Issues New Law Governing Public-Private Partnerships
The UAE has enacted a new law to regulate public-private partnerships, establishing a framework for collaborations between federal government entities and the private sector.
Dubai Ban on Single-Use Plastic Bags Began on January 1
Dubai has introduced a phased ban on single-use products in its market, starting with single-use plastic bags from January 1, 2024. We list key details for businesses to pay attention to for compliance.
Establishing A Representative Office In The UAE
Using the Emirates as a base to reach out to the Middle East, Africa & South Asia. Establishing a company in the United Arab Emirates (UAE) may pave the way for a complete change of direction in your business life and professional environment. The UAE is a nation of experimentation, investment, and can provide the rewards of being the transit link between East and West.