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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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January 24, 2024
Prohibition of cigarette sale not having red digital TAX stamps across UAE
Selling or owning of cigarettes not having ‘Red Digital Tax Stamps’, according to the FTA, Federal Tax Authority is likely to get banned w.e.f. from 1st August, 2019 across local market. This is to sync with the deadline set for ‘Marking Tobacco & Tobacco product scheme’ that went live from 1st January 2019. Decision No.…
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January 2, 2024
License fee cut at Jebel Ali Freezone – Dubai
Administration and license registration fee has been recently slashed by Jebel Ali Freezone owner DP World for those businesses who are operating in this freezone area. Cuts are expected to be around 50% to 70%. According to the MD & CEO of DP World, UAE Region including Jafza’s CEO Mohammad Ali Muallem, this timely move…
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January 2, 2024
Digital development of UAE in the post Covid Era
Digital development of UAE in the post Covid Era: The United Arab Emirates has always been ahead of time and developed the country in a forward-thinking capacity. While it already had plans to digitally transform the entire country, it is speeding up its plants in this time of the pandemic. With corona virus everywhere, people…
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December 29, 2023
UAE SETS OUT A LEGAL OVERHAUL OF PERSONAL AND FAMILY LAW
The government of the UAE has made the biggest reforms in the legal system in years. The changes in the family law and other laws were announced on Saturday with immediate effect. This revision of the laws will mirror steadily in the measures to improve living standards and making UAE a destination for people all…
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December 15, 2023
Differences between Dubai Mainland and Dubai Free Zone Business Set Up
Planing to Setup Business in Dubai ? Differences between Dubai Mainland and Dubai Free Zone Business Set Up: It can get quite confusing to not know where to start you business in Dubai, whether on the mainland or in the free zone and what are the differences? Dubai Mainland companies are licensed and incorporated by…
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December 8, 2023
Regulations to Fly a Drone in the UAE
Regulations to Fly a Drone in the UAE: Flying a drone may seem like a simple, negligible activity. But not in UAE. In UAE, there are several restrictions as to where, when and who can fly the drone. The UAE government keeps in its highest regards the safety of its citizens, so instead of mitigating…
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