RAKEZ is Now Offering 100% Ownership

[vc_row][vc_column][vc_column_text] 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 relief packages including fee waivers, rent holidays, and waivers of penalties and also introduced new license packages with a …

Few Key Changes of the New Dubai Multi Commodities Centre Authority(DMCCA) Companies Regulations 2020

[vc_row][vc_column][vc_column_text]Dubai Multi Commodities Centre (DMCC) recently announced new DMCCA Company Regulations 2020, which came into effect from 2 January 2020 to further enhance the ease of registration and operation of businesses. The new Regulations have brought in some changes in the existing company law framework, increasing by this the remit of the activities undertaken by …

News Alert: Economic Substance Requirements Guidance Issued

[vc_row][vc_column][vc_column_text] Introduction On 11 September 2019, the UAE issued Ministerial Decision No. 215 of 2019 on the Directives for the implementation of the Economic Substance Regulations (ESR). The ESR was earlier published in April 2019 as the Cabinet of Ministers Resolution No. 31 of 2019. The Ministerial Decision of September 2019 (the “Guidance”) is served …

Funding Your Start-Up In The UAE

[vc_row][vc_column][vc_column_text] Funding options for start-ups in the UAE are on the rise.  Traditionally, most start-ups in the UAE have tended to be bootstrapped or financed by conventional lenders such as banks and financial institutions.  However, over the last few years, business incubators and accelerators have flourished in the UAE, creating a conducive and cost-effective environment …

Get In Touch