Foreign direct investment has increased exponentially during the last few decades as the desire for global trade and international influence increases among corporations, and trade barriers fall away. Once the […]
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The Department of Ministry of Human Resources and Emiratisation (MORHE), has announced changes to the fee structure for issuing work permits linked to classifications of companies. The changes are effective 4 December 2017. To view the complete changes, see here. The new classification system splits companies into three categories according to the skill level and the culture diversity of their workers. […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Ahmad Barasneh of The Legal Group. Ahmad has joined IR as our exclusive IP – Trademark & Copyright member in UAE Ahmad has successfully executed several Intellectual Property Rights’ enforcement cases and brand protection programs, mainly for European and American clients […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Hatem Abdel Ghani of The Legal Group. Hatem has joined IR as our exclusive IP – Trademark & Copyright member in UAE Hatem relies on his deep knowledge and expertise in Intellectual Property Rights in providing insightful advice particularly in relation […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Mohammad Al Sharif of The Legal Group. Mohammad has joined IR as our exclusive IP – Trademark & Copyright member in UAE Mohammad Al-Sharif has strong experience in the fields of Trademarks, Copyright, Intellectual Property, Litigation, Patent and Unfair competition law. […]
M/HQ’s HNWIs Residency Comparison Chart 2017/2018 We are pleased to share M/HQ’s HNWIs Residency Comparison Chart. Now in its 8th edition, the firm’s HNWIs Residency Chart highlights and compares the features of 27 jurisdictions where HNWIs may consider relocating for tax, lifestyle, asset protection and other purposes. Who we are We are a […]
The UAE has recently introduced domestic foundation regimes in ADGM and (shortly) in DIFC. What is a foundation and when is it used? How does it differ from a trust? How to choose the appropriate jurisdiction? The present publication highlights the foundation’s key features, and compares the UAE’s foundation regimes with similar offerings available internationally.
Which Freezone for which Purpose? Over the past decade, the UAE has established itself as one of the most competitive and versatile structuring hubs worldwide. A combination of factors has contributed to this ascension – e.g. no corporate and personal income tax, access to a broad network of double tax and investment protection treaties, no restriction […]
On October 10, the Dubai International Financial Centre (DIFC) has issued today the draft of a new Foundation Law as well as a revised version of the Trust Law (No.11 of 2005) for public consultation, following the recommendations of the DIFC Wealth Management Working Group. The DIFC is the second common law jurisdiction within […]
The Federal Tax Authority (“FTA”) of the United Arab Emirates (“UAE”) has now opened its VAT registration portal to allow businesses to register for VAT. The portal can be accessed through this link. The UAE shows its ongoing commitment to implementing VAT by allowing business to register in advance of the 1 January 2018 deadline. […]
ATLANTA (Oct. 05, 2017) — LexisNexis® Risk Solutions, a part of RELX Group, a leading risk management and data analytics company, has recently signed a new agreement with industry-leading information provider Infocredit Group, to extend the scope of their existing alliance through expanded service coverage to include the countries Malta, Romania, Greece, UAE and […]
Prosecutors say the three-year prison sentence handed to a mother who tortured and killed her 14-month-old son was too lenient. On Sunday, the Emirati mother, 33, was jailed for stamping on her son’s stomach so hard that he died in hospital in July last year. Witnesses, including the woman’s maid and her sister, said it […]