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Earlier, a free zone company could not carry out any kind of commercial activity on the mainland. It was restricted to doing business only in the free zone it was incorporated in. If any free zone company wanted to engage in commercial activities on the mainland, it had to open a Branch on the mainland. […]

Wij hebben de expertise om uw zakelijke bankrekening te openen en wij helpen u graag bij dit proces, zodat u waardevolle tijd, geld en energie kunt besparen! ‍Wellicht: heeft u al een entiteit in de Verenigde Arabische Emiraten, of heeft u onlangs besloten om een bedrijf in Dubai op te richten en geïnformeerd naar de

In order to ensure that you do not incur any penalties, contact us today for assistance with filing the notification and the Economic Substance Report. ‍The UAE Cabinet Resolution No. 57 of 2020 Concerning Economic Substance Requirements (the “Decision 57”), Ministerial Decision No. 100 of 2020 (“Ministerial Decision 100”) urges license holders to resubmit their

Economic Substance Regulations in the UAE – Part 1 November 12, 2020 The United Arab Emirates (UAE) was removed from the European Union (EU) blacklist by the Code of Conduct Group on Business Taxation on 10 October 2019, all thanks to the introduction of Economic Substance Regulations. These new regulations were introduced under the specific

COVID-19 flight and travel restrictions remain in place across many countries around the world. We are closely monitoring the situation as it evolves and we will provide frequent updates on this website. Traveling to Dubai: If you hold a Dubai residence visa and you are flying back to Dubai, you must have return approval from the General

Even though the UAE is a global business hub, new businesses should have some awareness of the Arab culture and the business etiquette that may be prevalent in the local business environment. In the Arab world, a large part of business is conducted on the basis of personal relationships and mutual trust. Working hours The

As per the recent Economic Substance Regulation, UAE onshore and free zone companies and other UAE business forms (referred to as “Licensees”) are required to notify to the Relevant Authorities as to whether they are conducting the relevant activity or not as per the regulation and required to file the necessary details as mentioned in

Join us in an informative and thought-provoking webinar on Monday 6 April at 3 PM Gulf Standard Time, to navigate the impact of the coronavirus on businesses and explore ways for a better chance of survival. he webinar will be hosted by Legal Circle featuring speakers from Grant Thornton and Sharjah Research, Technology and Innovation

Does Corona Virus qualify as a Force Majeure Event – UAE & KSA perspectives Join us in an informative and practical discussion on whether the Corona Virus can be considered as a Force Majeure event and therefore relied on to terminate contractual arrangements or obligations of parties under a contract. Date: Wednesday 1 April, at

Wij hebben de expertise om uw zakelijke bankrekening te openen en wij helpen u graag bij dit proces, zodat u waardevolle tijd, geld en energie kunt besparen! Wellicht: heeft u al een entiteit in de Verenigde Arabische Emiraten, of heeft u onlangs besloten om een bedrijf in Dubai op te richten en geïnformeerd naar de