ABUDHABI INVITES INDIAN START-UPS TO ESTABLISH HUBS TO DIVERSIFY BUSINESS ACTIVITIES
Abu Dhabi is seeking investments from India and has invited Indian start-ups to establish hubs in the capital city of UAE to diversify its business activity beyond hydrocarbons. The move will not only benefit the local.....
Read MoreIMPLEMENTATION OF WPS (WAGE PROTECTION SYSTEM) IN DUBAI MULTI COMMODITIES CENTRE (DMCC)
DMCC initiated WPS with effect from 15th February 2023. Registration must be completed for all employees with an active employment visa or personal identity card. Fines for non-registration will be applicable from Janu.....
Read MoreNRIs TO BENEFIT FROM UAE’s NEW POLICY ON IMMIGRATION
The job exploration Visa for degree holders does not require a sponsor or host now. Non-Resident Indians (NRIs) especially Keralites, who constitute the largest share of the gulf diaspora, are elated at the shake- u.....
Read MoreUAE issues Personal Status Law for non-Muslim expats
The UAE has announced a Federal Decree-Law on Personal Status for all non-Muslim foreigners in the country, to be applied from February 1, 2023.The provisions of the Decree-Law apply to non-Muslim foreigners resi.....
Read MoreUAE President issues new law on regulation, development of industry
President His Highness Sheikh Mohamed bin Zayed Al Nahyan, issued Federal Decree-Law No. 25 of 2022 On 9th November 2022. The new law will become effective as of January 2023, and will be applied to all industrial acti.....
Read MoreNew UAE family business law
Federal Decree Law No. 37 of 2022 on family businesses was introduced by the UAE government to enhance and raise the family business environment in the country to globally competitive levels. “The law applies to all .....
Read MoreEmiratisation in UAE: Firms to be penalized for not meeting targets before end of the year
The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) called on private sector companies with more than 50 employees to expedite achieving an Emiratisation rate of two per cent for skilled jobs to avoid pen.....
Read MoreNew UAE resolution announced: 4 types of violations that lead to suspension of work permits.
Ministry of Human Resources and Emiratisation (MoHRE) announced on December 9th that failing to provide appropriate labour accommodation to eligible workers and human trafficking allegations are a.....
Read MoreUAE issues law on 9% corporate tax law, reveals exemptions
The UAE on 9 th December 2022 issued a corporate tax law, under which a nine per cent tax rate will be applicable on companies posting a profit of above Dh 375,000. The tax will be applicable to businesses .....
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