Corporate set-up Archives - Fichte & Co Legal Legal Firm in Dubai Fri, 06 Mar 2026 06:02:39 +0000 en-US hourly 1 https://fichtelegal.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png Corporate set-up Archives - Fichte & Co Legal 32 32 The DIFC Variable Capital Company (VCC): A Transformative New Company in the DIFC Framework https://fichtelegal.com/the-difc-variable-capital-company-vcc-a-transformative-new-company-in-the-difc-framework/?utm_source=rss&utm_medium=rss&utm_campaign=the-difc-variable-capital-company-vcc-a-transformative-new-company-in-the-difc-framework Fri, 06 Mar 2026 06:02:39 +0000 https://fichtelegal.com/?p=45031 On 9 February 2026, the Dubai International Financial Centre (DIFC) enacted the Variable Capital Company Regulations 2026 (Regulations), introducing a new corporate structure within the DIFC legal framework.   What is a Variable Capital Company (VCC)? A Variable Capital Company (VCC) is a flexible asset-holding vehicle with variable share capital incorporated in the DIFC under …

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]]> An insight into the revamped Ultimate Beneficial Ownership Regulations in the UAE as of 2024 https://fichtelegal.com/an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024/?utm_source=rss&utm_medium=rss&utm_campaign=an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024 Tue, 11 Jun 2024 05:36:06 +0000 https://fichtelegal.com/?p=43089 A recent overhaul of the regulations concerning the determination of an Ultimate Beneficial Owner (UBO) has brought about considerable changes in the UBO determination and filing for entities in the UAE. The most significant is the ability of the Registrar to adopt a risk-based approach in the determination of the UBO which will be discussed …

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]]> UAE Coming Out of FATF ‘Grey List’: a Milestone for Business Stability https://fichtelegal.com/uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability/?utm_source=rss&utm_medium=rss&utm_campaign=uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability Mon, 11 Mar 2024 07:30:40 +0000 https://fichtelegal.com/a-glance-in-the-new-insurance-law-in-the-uae-2/ In the realm of global finance, the United Arab Emirates (UAE) has long stood as a beacon of opportunity, drawing investors and businesses from around the world. Another sound reason to enhance this undeniable truth is the recent removal of the UAE from the Financial Action Task Force (FATF) Grey List [1], which can only …

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]]> Update on the Major Overhaul of UAE Legislation with effect from February 2022 https://fichtelegal.com/update-on-the-major-overhaul-of-uae-legislation-with-effect-from-february-2022/?utm_source=rss&utm_medium=rss&utm_campaign=update-on-the-major-overhaul-of-uae-legislation-with-effect-from-february-2022 Tue, 01 Feb 2022 06:27:15 +0000 https://fichtelegal.com/update-on-the-major-overhaul-of-uae-legislation-with-effect-from-february-2022/ In celebrating its landmark 50th anniversary, the UAE has introduced various legislative changes reinforcing its position as a market leader in the region. The new legislation requires additional compliance from businesses and thus, we at Fichte & Co. intend to give you a brief overview of the major legislative changes. The New Labour Law of …

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]]> A New Employment Law in UAE: Significant Changes for Mainland Companies https://fichtelegal.com/a-new-employment-law-in-uae-significant-changes-for-mainland-companies/?utm_source=rss&utm_medium=rss&utm_campaign=a-new-employment-law-in-uae-significant-changes-for-mainland-companies Tue, 16 Nov 2021 11:21:02 +0000 https://fichtelegal.com/a-new-employment-law-in-uae-significant-changes-for-mainland-companies/ On November 15 2021, the UAE President issued Law No. 33 of 2021 to regulate labor relations in the private sector, applicable to the mainland companies (“New Law”). Upon its entry into force on February 2 2022, the New Law shall replace Federal Law no. 8 of 1980 and its amendments. Nonetheless, Law 33 of …

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