Monthly Archives - May 2019

ICO Regulations in the UAE in 2019 Focus on Security and Innovation

The Securities and Commodities Authority (SCA), the United Arab Emirates (UAE) financial regulator, is set to introduce regulations for initial coin offering (ICO) in the country by the end of the first half of 2019; a move intended to provide companies another way to raise capital through crowd funding. What are ICOs? ICOs are the cryptocurrency version of an initial public offering, where companies go public and sell shares to individual investors. With ICOs, investors buy units of a cryptocurrency and [...]

100% ownership is possible in Mainland professional company

Local ownership restrictions for a long time have been the number one issue that leaves foreign entrepreneurs in UAE scratching their heads. Traditionally 100% foreign ownership was only possible under two circumstances. First when setting up in a UAE free zone or second when establishing professional services company. But that’s not the case anymore. A law allowing 100% foreign ownership of companies in the UAE was announced in 2018 and is now in force. Previously oversees entrepreneurs wishing to setup [...]

Dubai’s new incentives package includes five initiatives to support SMEs

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai directed the government to focus on simplifying the procedures of conducting business in Dubai and reduce the costs for companies by utilizing all the possible resources, in order to facilitate the economic accomplishments. Under this directive, emirates department of finance rolled out five initiatives with the objective to support small and medium sized enterprises (SMEs) and public private partnerships (PPP). According to [...]

UAE Quickly Emerging As a Preferred Investment Destination

Is it your turn to consider investing in UAE? UAE, home to the tallest, largest and the iconic projects, an inspiration for life and lifestyles, an investment destination that is unparalleled to anywhere in the world and a place that many call their home; take a look at the top reasons why investors choose UAE over other countries. 1. UAE is a very rich country First of all, UAE is one of the richest countries in the world. According to Fortune 2017 [...]

Get Free Consultation Now!