Blogs

The UAE Cabinet has decided to approve a draft law amending provisions within the Agency Law to allow family businesses to go for IPOs (initial public offerings).

Dubai Multi Commodities Center, one of the largest and fastest growing free zones in the UAE, has announced certain new rules and regulations that aim to enhance the ease….

Jebel Ali Free Zone (JAFZA), the flagship free zone of DP World, has always been in the news for various reasons. This time the free zone has garnered attention with its decision to roll out a workforce…

UAE was reliant on oil for decades until the 1980s when the government adopted the economic diversification policy. Several sectors contributed immensely to the economy of the country and one such…

Dubai has made it to the list of top 10 financial centres in the world for the first time since the index was launched in 2007. The city is ranked at 8th position and happens…

A trade license is a must when it comes to conducting businesses in the UAE. The UAE economic department issues the licenses and the procedures of license issuance varies from one emirate to another. The three major types of licenses in the UAE are commercial, industrial and professional.

The UAE government has come up with a landmark decision with respect to the ownership of companies on mainland. Till date, if partnership with a local UAE sponsor is what stopped you from setting your business on UAE mainland, then you do not have to bother about it anymore.

The UAE government has recently announced a long-term residency scheme termed ‘golden visa’ for expats, that gives them the opportunity to prolong their stay in the country. An attractive business environment with exceptional talents is what is expected out of the initiative.

One might come across plenty of articles on starting a business in UAE, but not many on closing one. There are certain formalities that need to be taken care of once you plan to close your company.