Own Freehold Properties in Dubai through a RAKICC Company
On July 22, 2019, RAKICC announced that they signed a Memorandum of Understanding with DLD permitting RAKICC companies to own freehold properties in Dubai....
23
Jul
25
Nov
UAE Cabinet approves long-term visa system
The UAE Cabinet approved long-term visa system for investors, entrepreneurs, specialized talents and researchers in the fields of science and knowledge...
15
Oct
New UAE law enables federal government to issue sovereign bonds
On Saturday, The President of the UAE, His Highness Shaikh Khalifa Bin Zayed Al Nahyan, issued Federal Decretal Law No. (9) of 2018 on public debt, which will enable the federal government to issue sovereign bonds....
01
Oct
UAE Cabinet approves biggest-ever budget of Dh180B
The latest UAE Cabinet meeting saw the approval of the biggest-ever budget for 2019 thanks largely to the high oil prices which in turn has boosted revenues ...
17
Sep
UAE Cabinet approves new rule for retired expats
On Sunday 16 September, the UAE Cabinet approved a landmark law which will provide special UAE residency visa privileges for expat retirees over the age of fifty-five years for a period of five years, with the possibility of renewal....
09
Sep
UAE investment to exceed Dh1.3 trillion in the following sectors
According to a report by lead analysts in the UAE, the energy, utilities and transportation sectors are expected to see massive growth over the next two decades...
25
Jul
UAE gets ready to implement visa reforms
The Federal Authority for Identity and Citizenship (FAIC) in Abu Dhabi has said that its board has approved a plan for implementing all decisions taken by the UAE Cabinet in May and June to launch a new system of entry visas for investors and professionals....
18
Jul
VAT refund system for tourists in final stages
On Saturday, the UAE’s Federal Tax Authority (FTA) announced that a system to return Value-Added Tax (VAT) to tourists is nearing its final stages of preparation and will correspond with international best practices....
06
Jun
UAE ranked as the 7th most competitive economy in the world for 2018:
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai has enacted two new laws that aim to improve and expand the DIFC's already successful private wealth management and succession planning platforms....
02
May
DIFC proposes new trust and foundation law
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai has enacted two new laws that aim to improve and expand the DIFC's already successful private wealth management and succession planning platforms....