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Business Setup in Dubai Internet City Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and…
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DMCC Company Regulations, 2020 Regulations in the business world are essential and a mechanism to protect workers, public safety, businesses, and investments. However, regulations which are inefficient or inadequate can indeed stifle entrepreneurial activity and business growth which ultimately impacts the ease of conducting business. For instance, it takes about…
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Due Diligence by Foreign Law Firms of UAE Entities Business transactions around the world often involve mergers, acquisitions or take-overs. Such transactions of the business organizations require thoughtful decisions which ultimately decides the future of the Company. Hence, due diligence holds the key to vital decisions of the economy as…
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Special Purpose Acquisition Company One or more private individuals/entities can create a Special Purpose Acquisition Company (SPAC) for the special purpose of acquiring interest in one or more existing companies or businesses by raising capital through an initial public offering (IPO), and therefore, receive profit from such a merger, acquisition…
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UAE Companies Law and JAFZA Offshore Companies Regulations : Key Differences All corporations undergo a development phase that is affected by a range of external factors such as market conditions, economic climate, implications, and new regulations, to name a few. Internal affairs of an organization, the roles and responsibilities of the…
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Freezone Law: Bahrain International Airport 1. What law established this free zone? Bahrain International Airport is not actually a Free Zone, although it is sometimes mistakenly referred to as one. The Airport Zone is governed by the Sovereign wealth fund of the nation, Mumtalakat. 2. What are the main internal…
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Freezone Bahrain International Investment Park 1. What law established this free zone? The Bahrain International Investment Park (BIIP) was established in 2005 by the Industry, Commerce and Tourism Ministry (MoICT). The BIIP is considered the flagship business park. It houses over 114 multinational and manufacturing service companies. 2. What are…
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Today, UAE proffers potential opportunities in almost all business sectors with its genial business ecosystem and has become home to multinational companies and entrepreneurs. So whether you have just popped up with a unique business idea, protecting your business idea is a whip-smart move. Pondering over the past decade, applications…
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Unveiling Dubai Expo 2020 Tulika Kaul Introduction to Expo 2020 “Our region deserves the chance to organize this great world exhibition. Our country is ready to host it. We will keep our promise in connecting great minds to build a better future and we will organize the best event in…
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Kuwait Company Formation The business environment in Kuwait is dynamic as well as flexible. Kuwait is changing and undergoing a massive expansion in the construction industry, and the new law on companies is providing a more realistic and practical perspective than the previous companies law. The Commercial laws in Kuwait…
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Company Formation in the Kingdom of Saudi Arabia (KSA) Introduction The Saudi Arabia company law recognized four types of business entities: the joint stock company, the limited liability company (LLC), the partnership as well as the branch of a foreign company. For overseas investors to qualify as a shareholder in Saudi…
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Abu Dhabi Global Market (ADGM) – Special Purpose Vehicles (SPV) and Foundations You may either look at a glass with water as glass half full or glass half empty – and that is definitely the case in today’s corporate world. Perception is everything. The times that we live in has…
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Mersin Free Trade Zone At the beginning of 1987, Turkey set up various Free Zones. The First Free Trade Zone was built up in Mersin and Antalya in 1985. The building of the Mersin Free zone is on a geopolitically significant area in the Eastern Mediterranean shores. It lays…
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Abu Dhabi Company Formation in TwoFour54 Free Zone Introduction TwoFour54 free zone is located in the Emirate of Abu Dhabi. Being the capital of the UAE, Abu Dhabi is highly relevant and a significant business hub within the nation. However, when one thinks of the UAE, Abu Dhabi is often…
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