UAE Approves Long-Term Visa System

In the latest update to the United Arab Emirates (UAE) visa system, the UAE Cabinet has approved the highly anticipated long-term visa for investors, entrepreneurs, specialized talents, researchers in the fields of science and knowledge and outstanding students. The purpose of the new visa will be to encourage investment within the UAE as well as…

DIFC Announces New Laws & Regulations

As of November 12th, 2018, the following Laws and Regulations are effective in the DIFC: Companies Law, DIFC Law No. 5 of 2018 Companies Regulations Operating Law, DIFC Law No. 7 of 2018 Operating Regulations Ultimate Beneficial Ownership Regulations All companies operating within the jurisdiction of the DIFC must ensure full compliance with the above…

The UAE Foreign Direct Investment Law

A landmark law that will allow foreign investors to own 100 percent of companies in the United Arab Emirates, limited to specific industries, will be fully implemented by the end of 2018. The UAE Cabinet decision approved on May 20th, 2018 is the latest in a string of the legislative developments aimed at stimulating economic…