The UAE has witnessed many successful entrepreneurs in recent decades. There is no doubt that Dubai, Abu Dubai, and other emirates in the country are the most fertile places to set up a business. However, Dubai is often the no.1 choice for foreign investors and entrepreneurs. There are countless reasons...
The United Arab Emirates (UAE) has recently released a new set of labour laws governing private-sector employment relations. On February 2, 2022, Federal Decree Law No. 33 of 2021 came into effect and replaced the earlier Federal Law No. 8 of 1980 entirely. The labour law changes necessitate corrections to...
It is not surprising that so many foreign companies decide to set up their businesses in Dubai, given the city’s vibrant business environment and numerous commercial prospects. But along with the many advantages come a number of concerns that might cause costly errors for international investors. While hazards cannot be...
As per the latest report circulated recently in the UAE, it is stated that the property agents, brokers as well as all law firms must report cash transactions worth Dh55,000 and above to the UAE’s Financial Intelligence Unit. The Ministry of Economy (MoE) and the Ministry of Justice (MoJ) have...
