RAKEZ OFFERS 100% FOREIGN OWNERSHIP IN MAINLAND WITH FDI COMPANY SET-UP In response to the UAE Government’s efforts to provide relief to businesses during the COVID-19 pandemic, a number of free zones have announced major…
The End of Service Gratuity (‘EOS’) is a benefit granted by the UAE Federal Law no. 8 of 1980, as amended (‘Employment Law’) to the expatriate workforce in the private sector. Consequently, the benefit applies…
The newest and most effective marketing tool for business exists nowadays in the digital world. Whereas a good and attractive website has all the prerequisites to have a strong impact on the market share and…
A revisited legal regime and a building block for the high standards of the financial center From July 1, 2020, the date of entry into force of the new DIFC Data Protection Law, the financial…
In 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Law No. 19 of 2017, amending Article 11 of Law No. 13 of 2008 on the Interim Real Estate Register in the Emirate of…
Free Live Webinar To help employers and employees better understand the current developments, including some temporary measures introduced in the UAE, Fichte & Co recently hosted a free live webinar. Our Associate, DR. Laura Voda…
Note: In continuation of our previous article, the NEW Ministerial Resolution on Employment and COVID 19 1. What is the “Early Leave” Initiative? In furtherance to Ministerial Resolution 279 of 2020 and as part of…
On March 26, 2020, the Ministry of Human Resources and Emiratization (MOHRE) issued Resolution 279 on Employment Stability in the Private Sector during the period of application of the precautionary measures aimed at curbing the…
Colloquially, people understand commercial free zones as areas somehow segregated from the UAE onshore territory. Whereas this understanding is mainly accurate for the financial free zones, it is to be known that commercial free zones…
