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, 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, 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 …
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 …
Dear Friends and Clients, We are happy to announce that we have created a new email domain that matches our corporate identity. From now on we ask to use instead of the old domain “SLG@strohallegalgroup.com“, to please use the new: SLGlaw.cc If you don’t know the lawyer or staff in charge please write to office@SLGlaw.cc. The …
Dear Friends and Clients, I was a little surprised to receive so many positive reactions to our December newsletter. Actually, this was my first introduction to a newsletter which did not refer to the content and news from the law and economy, but was more of a philosophical nature. Likewise, this time I will leave …
Dear Friends and Clients, 2018 is over, welcome 2019! It reminds me of the old saying: “The king is dead, long live the king!” Time is an illusion, as the Asian philosophy says. We all create our world with our mind, and time is part of this creation. With this view we not only follow …
Dear Friends and Clients, The UAE government has decided to go into the bond market for the first time and to launch public bonds. This may seem surprising at first, because the main source of oil and gas remains in their control. On the other hand, cheap money is also stimulating the economy, and that …
Dear Friends and Clients, Merkel resigns. The euro is weakening. Life in the UAE has become more expensive. We have to reach for the ceiling – and our host country is helping as much as possible. The visas and entry visas have been defused. The Free Zones and Financial Centers in Abu Dhabi and Dubai …