UAE Structuring Alert: DMCC dual licensing goes live!
What’s new? The Dubai Multi Commodity Center (DMCC), the UAE’s largest free zone, has announced the introduction of a dual licensing enabling firms registered in the zone to extend
Structuring Alert: UAE Free zones launch Economic Stimulus Packages
In response to the UAE Government’s efforts to provide relief to businesses during the COVID-19 pandemic, a number of free zones have announced major relief
DMCC updated its rules and regulations
The Dubai Multi Commodities Centre (DMCC) has announced the implementation of a new set of rules and regulations, effective 2nd January 2020. The changes to
DMCC – New Law introduces DMCC Regulator
The Government of Dubai has announced the creation of a Regulator for Dubai Multi Commodities Centre (DMCC) via the issuance of Law No. (3) of
Operating An E-Commerce Platform In The UAE
The UAE’s e-commerce sales are projected to hit USD 16 billion this year constituting about 10% of the total sales in the country1. It is
UAE Structuring Series (III) – Corporate Migration: Which Options For Which Benefits?
Over the past years, the UAE – already one of the premier structuring hub worldwide – has proactively added yet another tool to its already
UAE Structuring Series (V) – Special Purpose Vehicles
Over the past decade, a substantial shift has occurred from traditional offshore jurisdictions to mid-shore ones. While “substance” has become a much sought-after commodity, lighter,
UAE Structuring Series (IV) – Which Free Zone 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
UAE Structuring Series (I) – From Good to Great: The Constant Evolution of UAE’s Structuring Environment
Are you aware of the constant evolution of UAE’s structuring environment? The present article – the first of a thematic “UAE Structuring” series – highlights
UAE Structuring Series (II) – Mandatory 51% Local Shareholding In UAE Mainland LLCs: How To Mitigate The Risks?
Foreign shareholding into UAE mainland LLCs is limited to 49%, versus 51% for the mandatory UAE shareholder*. Sharia law compliant tailor-made mechanisms can nonetheless mitigate