In order to run a successful business, you need a legal team at your disposal to ensure that your company is abiding by the rules and regulations in the eyes of the law. United Arab Emirates (UAE) is renowned for business ventures and opportunities that can be seized by local and foreign entrepreneurs. It does…
Common medicines such as Panadol, paracetamol, antibiotics, or anti-allergies are just some types that you might often see in medical stores and even in general stores. These medicines, no matter how accessible, still require several approvals from the Ministry of Health and Prevention (MOHAP) prior to its importing, marketing, or selling in the United Arab…
The Vice-President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has claimed that the Foreign Direct Investment (FDI) increased by 44 percent in the year 2020. This information was shared by Sheikh Mohammed in a tweet, which read: “Despite the UN’s estimates that global foreign direct investment…
The Ajman Free Zone (AFZ) is a prominent name in the United Arab Emirates (UAE) region. AFZ remains one of the largest free zones with massive foreign investment opportunities available to everyone. The free zone has decided to showcase its attractive tourism features and investment opportunities at the upcoming Arabian Travel Market (ATM), which will…
Following a huge economical setback due to the COVID-19 pandemic, Dubai’s private sector has seen the strongest demand growth in the past 18 months. According to experts, this growth is primarily down to the efforts of the UAE government which has ensured the mass rollout of the vaccinations along with other policies introduced to overcome…
The United Arab Emirates (UAE) cabinet has decided to reduce the tax penalties in the region. This decision will encourage companies and individuals to file their taxes and also make voluntary disclosures if a mistake has been made while doing so, according to experts. Mayank Sawhney, managing director at MaxGrowth Consult-ing, said: The reduction in…