When setting up a local company as per the UAE Companies Law and UAE Civil Law, the expatriate shareholders are required to nominate a Local Service Agent or a Local Partner (Sponsor), who must hold the majority share of 51%, when establishing a company. Read more
PRO Partner Group Blog
Setting Up an Energy Company in the UAE The UAE has put a strategy in place to build a sustainable infrastructure for generating power through renewable energy. Oil and gas have traditionally been the predominant source of fuels powering the UAE however, the UAE is transforming the way in which they utilise the energy mix,Continue reading "THE RENEWABLE ENERGY BOOM IN THE GCC" Read more
#BalanceforBetter – Gender Equality in the Work Place The UAE was ranked as the 11th country in the world in the ‘World Bank’s Ease of Doing Business’ index in 2019. This is a huge climb from the 21st position last year, making the UAE the easiest place to conduct business in the Middle East, leadingContinue reading "Gender Equality in the Work Place" Read more
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UAE Long Term Visas: Key details you need to know With the UAE Cabinet approving new long term visa, announced earlier this year, this article aims to set out the details as well as the terms and conditions. Investors, entrepreneurs as well as scientists, doctors and researchers, will be granted permission to stay in theContinue reading "UAE Long Term Visas" Read more
Increased foreign ownership of companies in the UAE is now possible thanks to a new Foreign Direct Investment Law (Federal Law No.19 of 2018), which has now come into effect after being published in the UAE’s Official Gazette. Aiming to promote and develop the country’s investment environment, senior officials have reported that this will boost FDI byContinue reading "Foreign Direct Investment Law, UAE" Read more
Sovereign PPG played their annual cricket match against Abu Dhabi Gentlemen on Saturday 17th November 2018 at the beautiful Emirates palace cricket ground. Sovereign PPG won the toss and rather bravely chose to bat first. PPG immediately got their big hitters in to bat and made some swift runs through Sohail and Sheraz Khan. TwoContinue reading "Sovereign PPG Annual Cricket Match 2018" Read more
What is ICV certification? Abu Dhabi National Oil Company (ADNOC) implements In-Country Value (ICV) Program ADNOC is one of the world’s leading energy providers based in Abu Dhabi, the capital city of the UAE. ADNOC is a catalyst for growth and diversification in the Emirate and is committed to driving forward socio-economic objectives. What isContinue reading "ICV Certification in Abu Dhabi" Read more
The Abu Dhabi Department of Economic Development (DED) has launched the first phase of its Dual Licence Initiative (DLI) announcing that companies operating in an Abu Dhabi free zone will be permitted to operate in both the capital’s free zones as well as establishing an onshore branch. The introduction of a dual licence will expandContinue reading "Abu Dhabi introduces Dual Licences Onshore for all Abu Dhabi Free Zone Companies" Read more
The requirement to show AED 150,000 for Investor Visa Approval has been removed Abu Dhabi Department of Economic Development – AD DED – are now fully integrated with the General Directorate of Residency and Foreigners Affairs – GDRFA – (Immigration Department) – the requirement to show AED 150,000 for Investor Visa Approval has been removed. When applyingContinue reading "AD DED are now fully integrated with GDRFA" Read more
RAK EZ Introduces Freelancer Visa in the UAE The Emirate of Ras Al Khaimah is a leading business destination within the UAE offering a wealth of opportunities to free zone and non-free zone businesses. The emirate is situated in the east of the Persian Gulf and is the northernmost emirate of the UAE. Ras al-KhaimahContinue reading "RAK EZ Introduces Freelancer Visa" Read more