Emirates Blog

UAE -FOREIGN DIRECT INVESTMENT (FDI) LAW -ALLOWS 100% OWNERSHIP OF BUSINESSES FOR FOREIGN NATIONALS FROM DECEMBER 1,2020

The long-anticipated and widely discussed Foreign Direct Investment Law, which will have game-changing implications on the investment landscape of the nation, was approved by the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan. The long-awaited 100 per cent ownership by foreign nationals of companies licensed and registered in the UAE is allowed as per […]

Emirates Blog

FREELANCER LICENSE IN ABU DHABI

A freelance licensing system has been introduced in Abu Dhabi for 48 different types of economic activities. License will be available for UAE citizens, residents and non-residents. The latest initiative is part of Abu Dhabi’s efforts to diversify its employment and investment environment. The Freelancer License will enable businesses to tap into the broad experiences […]

Emirates Blog

Establishment in Abu Dhabi- 100% Ownership

The establishment is a facility owned by one person only, (sole proprietorship) licensed for practicing an economic activity (commercial, professional, agricultural or occupational). The financial liability of the establishment lies with the owner, who bears all the financial obligations of the establishment. In case that the owner of the establishment is a non-citizen, there must […]

Emirates Blog

Abu Dhabi and Dubai waive corporate fines to boost growth

Government scratchs off managerial punishments for organizations whose licenses have terminated Dubai and Abu Dhabi are exempting organizations from regulatory fines for at any rate whatever remains of the year, as a component of endeavors to empower business development and financial advancement, as indicated by official proclamations on Tuesday. A declaration by Sheik Mohammed container […]

Emirates Blog

DED asks clients to add Unified Number to commercial licensing requirements in Abu Dhabi

WAM – The Department of Economic Development, DED, Abu Dhabi, has stressed its commitment to implementing initiatives and projects that aim to improve cooperation and coordination with its strategic partners in the government, semi-government and private sector, to improve commercial licensing procedures and develop a more attractive investment environment in the Emirate of Abu Dhabi. […]

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