Money Matters

Starting your own business is one of the most exciting decisions you can take. But it is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing financial issues that may lead to bankruptcy. Here are five factors to keep in mind when managing your finances as a startup: 1.…

Oman Expat Recruitment Rules and Recent Restrictions

Generally, labour-related matters in Oman, including recruitment and regulation of the expat recruitment process, are governed by Sultani Decree No. 35/2003 on the Promulgation of the Labour Law (the “Labour Law”). More recently, following the issuance of the Ministerial Decision No. 38/2018 by the Minister of Manpower (the “Ministry of Manpower”), a six-month ban on…

UAE Launches Long-Term Residency System for Non-Citizens

A Long-Term Residency Scheme In The UAE The UAE recently allowed select categories of foreigners to apply for long-term visas for themselves and their families, including investors and entrepreneurs who meet certain conditions, pursuant to Cabinet Decision No. 56/2018 on the Regulation of Residence Permits for Investors, Entrepreneurs and Individuals with Specialised Talents. In accordance…