Dear Friends and Clients, This time you will find in our newsletter the main incentives offered by individual Emirates and especially the Freezones. We have also taken up some areas of law that can contribute to your decision making. A lot is written and reported about restructuring, cost reduction, reduction of wages etc. As an …
Dear Friends and Clients, In this newsletter we deliberately omit information about the sanctions in the Covid19 area. You will certainly be inundated with such information and we do not want to contribute to scare tactics. On the contrary. We want to show you how life goes on despite all adversity and how chances can …
Dear Friends and Clients, Usually, January already gives an indication of how the year will proceed. And it will go well. We have more inquiries than ever about legal tax avoidance and company formations than ever before. This is probably mainly due to the further turn of the tax screw in the EU. In January …
Dear Friends and Clients, The heat is over, you can enjoy the starry sky again in the evening and have business talks outdoors. Dubai has always been a pioneer in the UAE in facilitating company start-ups and visa procurement. Now there is a “Virtual Company License” which is reported in detail in the newsletter. However, …
Dear Friends and Clients, We have arrived at the end of the second decade of this century (and millennium). But I do not want to write a review about past times here, there are sufficient of those in the media. The question is rather which path we are on and where it leads us to, …
Dear Friends and Clients, The UAE is giving us new administrative tasks with its Economic Substance Rules. Before you get down to work on these new tasks, check to see if your business is really affected. We have listed this in detail in the 1st item of our newsletter. In general, UAE seems to be …
Praktikum in den Vereinigten Arabischen Emiraten (VAE) – Ein Bericht von Sandra Berger Motivation: Der Wunsch, einmal eine Zeit lang im Ausland zu leben sowie die Arbeits- und die Denkweise ausländischer Juristen kennen zu lernen, waren die ausschlaggebenden Aspekte für meine Bewerbung für ein Praktikum auβerhalb Deutschlands. Da ich viele schöne Urlaube in den VAE …
Dear Friends and Clients, The network of the international community of multinational corporations’ attempt, in particular, to destroy the (legitimate) tax savings models is becoming ever stronger. The UAE has also joined the BEPS project aimed at combating tax evasion, but only with the minimum standard of 5 out of 15 possible conditions. Action 6 …
In order to promote foreign direct investment in selected sectors and thus the establishment of (onshore) businesses operating in these sectors in UAE-mainland, the statutory obligation, according to which a majority of the shares in a company must be held by UAE citizens, was relaxed in 2018 (Federal Law No. 19 of 2018 Concerning Foreign …
SLG Special-Newsletter: Direct Investment Law in the UAE Read More »
Dear Friends and Clients, We expats in the Middle East have gotten a thick skin by now. Nothing can shake us so easily. The sabre rattling in the immediate neighbourhood leaves us as cool as some economic challenges. Most of us have made a living here and are not willing to give it up just …