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April 20, 2024
Oman’s Sultan grants citizenship to 157 expats – Citizenship will cost OMR600
His Majesty Sultan Haitham Bin Tarik has signed a Royal Decree that gives 157 expats in the country the right to become citizens. It’s not the first time Oman’s Sultan has given citizenship to people who have lived there before. In December of last year, he gave 32 expats their passports. Foreigners who want to…
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April 20, 2024
New Dates for Expo 2020 Dubai Announced
Expo 2020 will now welcome the world on 1 October 2021 Originally posted 2021-09-29 08:19:11.
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April 5, 2024
Rules for Company Formation in the Dubai Mainland
Rules for Company Formation in the Dubai Mainland: Starting a company in the Dubai Mainland comes with the knowledge that there won’t be too many restrictions and regulations while conducting business activities. What is necessary though, is to have a local sponsor. You can maintain a 100% percent ownership but you still have to have…
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February 19, 2024
6 month multiple entry VISA introduced in the UAE
6 month multiple entry VISA introduced in the UAE : UAE VISA : For non-UAE residents who seek to explore multiple opportunities here and enjoy long term investments can now avail 6 month multiple entry visa, introduced recently. Over 6,000 applications have been received by the ICA (Federal Authority for Identity & Citizenship) in the…
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February 16, 2024
Till 15 th September Tourists under 18 to be granted Free UAE Visa
This schemed launches every year between 15th July to 15th September targeting children under 18, will grant them tourist visa. However, they need to accompany their parent. The Federal Authority for Identity & Citizenship has announced launch of this scheme from Monday onwards, in June this year. This announcement has been made keeping in mind…
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February 16, 2024
Launch of Crypto Currency Jointly by UAE and Saudi
The UAE has been anti-crypto in the beginning. However, now it is one of the best countries for cryptocurrency projects in the world. An advantage of working in UAE is that there are no taxes imposed on cryptocurrency projects. When did the Agreement Take Place? UAE and KSA has jointly signed a bilateral agreement to…
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February 13, 2024
Transfer of Funds From India to UAE
Transfer of Funds From India to UAE: Globally, most countries employ foreign exchange controls to check both the outflow and inflow of currency from one place to another. As such, in India, the Foreign Exchange Management Act (FEMA) of 1999 and the Directions issued by the Reserve Bank of India are the foreign currency controls.…
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February 7, 2024
Make a Top Virtual Destination by Investing in Dubai Real Estate
The initiative of ‘Invest in Dubai Real Estate’ has been launched by the Dubai Land Department, through its Real Estate Promotion and Investment Management Sector by cooperating with the Strategic Holding. This serves as a virtual destination for the real estate industry with its prominent real estate promotion initiatives held in Dubai. The initiative launches…
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February 5, 2024
UAE Issues Landmark Reforms to Civil – Criminal Law
Major reforms are announced covering women’s safety, inheritance, suicide, alcohol consumption, and Good Samaritans. The changes made to the civil and personal code is going to make it easier for expats to boost multiculturalism and to settle disputes. This follows a decree by the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan This comes…
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January 31, 2024
Is a local partner mandatory to start a business in the UAE?
Is a local partner mandatory to start a business in the UAE? : In Dubai & the rest of the UAE it is legally required to have a local partner (UAE national) for entrepreneurs and SMEs looking to invest in a Mainland company or LLC company for the first time. The local partner should hold…
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