Uae

Qatar is currently undergoing enormous economic growth. The opportunity to host the FIFA World Cup has sparked huge development of the country’s infrastructure. The construction of new stadiums and other ongoing engineering projects such as the redevelopment of the old Doha Port, the Lusail Light Rail Transit Project and the Sharq Crossing have created thousands of new jobs and investment opportunities and presented engineering consultancy companies with a unique opportunity to capitalise on this rapid expansion and growth. Read more

Setting up a foreign-owned business in the UAE has never been easier. As well as mainland options, the UAE boasts more than 40 economic free zones which provide supportive business communities, modern, high-tech infrastructure and competitive set up costs. The Meydan Free Zone, established in 2009, is a business free zone with an enviable location and access to world class facilities. Situated in the Meydan hotel complex, close to downtown Dubai and only 15 minutes from Dubai International Airport (DXB), it is home to a premium golf course, high-end residences and the prestigious Meydan racecourse. Read more

The Qatar Financial Centre, an onshore business and financial centre located in Qatar’s capital city, Doha, provides an ideal base for investment in the country and other expanding economies in the region. It offers its members a comprehensive business infrastructure where they can benefit from legal support, regulatory compliance, and tax advisory services. Read more

With the FIFA World Cup just a few months away, over a million football fans are expected to travel to Qatar, creating a massive demand for short term accommodation that hotels are unable to meet. This has led to Qatar tourism issuing new regulations, approving short term rental of private properties to supplement the current supply of accommodation options. Read more

The Kingdom of Saudi Arabia has recently introduced the Premium Residency Scheme, a new type of residency visa that offers the holder greater freedom to live, work and own property and businesses in the Kingdom. Read more

Airbnb has pioneered the sharing economy, revolutionised the travel industry and offered homeowners around the globe a simple way to make a largely passive income. Thanks to agreements reached between Airbnb and tourism authorities in Abu Dhabi, Dubai, and Ras Al Khaimah, it is now possible to list your property in any of the above three emirates and make money with short term lets. Read more

The Green Visa is a 5-year UAE resident visa which comes into effect from September 2022. Following other newer and popular long-term visas such as the Golden Visa introduce back in 2019, the Green Visa allows a longer-term residency in the UAE, and is aimed at investors and skilled professional – with lower level requirements generally than the Golden Visa regime. Read more

Abu Dhabi Global Market (ADGM) is the international financial centre and financial free zone situated on Al Maryah Island in Abu Dhabi. ADGM began operating in 2015 as a small freezone area and has subsequently grown to become one of the world’s most advanced financial hubs, attracting businesses from around the world, looking to establish a presence in the MENA region. Recognised for its common law framework, court system, excellent infrastructure and tax-friendly policies, it is an ideal location for financial and non-financial businesses alike to establish and thrive. Read more

On 28 February 2022, Dubai enacted Law No.4 of 2022, known as the virtual assets law (VAL), a new piece of legislation intended to regulate all transactions of virtual assets within the Emirate. It came alongside the establishment of the Dubai Virtual Assets Regulatory Authority (VARA) and provides a legal framework with which to protect investors and businesses trading in virtual assets in Dubai. This article provides information on the scope and application of the new law as well as its implications on the future of the financial technology industry in the UAE. Read more

In today’s age of entrepreneurship and digital communication, starting a business has never been so popular. Dubai, in particular, offers a thriving business environment with favourable policies and initiatives that have attracted over 10,000 small and medium size start-ups to the emirate. Establishing a sole proprietorship limited liability company (LLC) or a sole establishment (SE) is a great way to set up a business in Dubai. It offers flexibility and low market entry costs and allows business to be carried out both on the mainland and in the country’s many free zones. Read more