7 Things You Need To Know Before You Go Freelance In The UAE
Many expats in the UAE are hesitant about going freelance despite the attractions of being your own boss. Here, we answer the key questions about freelancing. Is freelancing permitted in the UAE? Freelancing is permitted…
The Crypto Takeover: ICOs, Tokens and the Funding in 2018
Initial Coin Offering (ICO) is a hot topic now, sensationalised headlines about startups raising as much as US$200 million in one go created a lot of frenzy amongst curious investors and regulators worldwide. At the peak,…
Summary of the new UAE VAT Law
On 23 August 2017, the UAE published Federal Decree Law No. 8 of 2017 on Value Added Tax (“VAT Law”) which comes into effect on 1 January 2018 and sets out the framework within which…
The New Dubai Investor License
It has recently been announced by the Dubai Business Registration and Licensing sector of the Department of Economic Development (DED) that a new type of “Instant License” is to be issued to businessmen and investors…
Transformation of Offshore Jurisdiction in Ras Al Khaimah
International business companies (IBCs) incorporated or proposed to be incorporated in Ras Al Khaimah must note the recent establishment of the Ras Al Khaimah International Corporate Centre (RAKICC) which, going forward, will be the sole…
Incorporated in Mainland UAE? Review your MoA fast
Important Notice for Companies Incorporated in Mainland UAE! The deadline to amend your company's memorandum of association ("MoA") to bring it in line with the provisions of the new UAE Commercial Companies Law (Federal Law…
New Draft Of Commercial Companies Law (CCL)
The Federal National Council of the United Arab Emirates (the “FNC”) has approved a new draft version of the Federal Law No. 8 of 1984 Concerning Commercial Companies (the “CCL Draft 2013”) which will come…