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Dubai regulator DFSA’s Crypto Token regime comes into effect The UAE’s Securities and Commodities Authority (SCA) has published “The Authority’s Chairman of the Board of Directors Decision No. (21/R.M) of 2020 Concerning the Regulation of Crypto Assets” (Decision) “The intention of the Crypto Token regime is to foster innovation in a measured, responsible and transparent...
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Tourists will now be able to enter and stay in the UAE legally for 60 days, an extension from the previous 30 days; according to the new tourist visa rules. A sponsor or host is not necessary for the work exploration visa, which aims to make it simple for talented professionals to find employment in...
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Big and Small business and business owners who have the UAE/Middle East in mind for their upcoming new ventures or relocations must navigate a sometimes-difficult set of administrative duties. With the assistance of a locally based company with extensive knowledge of the UAE business environment, these activities could either be completed quickly or put off...
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It is a common refrain among founders, mentors, life coaches, motivational speakers, and others that it’s never too late to start your own business. But the idea that it’s never too early is discussed far less. The Emirate of Dubai, with its forward-looking vision and commitment to constructing the future today, is more focused on...
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Are you tired of the same old desk and office every day and you’re looking for flexible changes in scenery? Flexi desk, also known as hot-desking, is shaking up how we think about office buildings and spaces. This post will explore the flexible world of flexi desking for businesses in the UAE – from how...
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The UAE has approved new executive regulations related to Federal Decree-Law on Entry and Residence of Foreigners. These regulations will help to simplify the process of obtaining a residency permit and visa. The new entry and residence rules announced by the Emirati Cabinet offer 10 different types of visas with simplified requirements.These rules are designed...
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Looking to Start Business in the UAE: Here are a few Recession Proof Business Ideas It is normal to worry about declining profitability during recessions if you have an entrepreneurial mindset and are trying to launch a firm. For the vast majority of UAE citizens, job security is difficult to come by during a recession....
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More than 200 different nations have citizens living in the UAE, which helps the nation’s economy and general development. The UAE government had introduced the Wages Protection System in 2019 to simplify payments and wage distribution. WPS was designed to ensure that companies meet their obligations to pay their employees promptly and protection them from...
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Many business owners hope to launch their venture in the United Arab Emirates. The UAE is one of the most sought-after business locations in the globe due to its highly business-friendly environment and growth potential. Opening a business bank account is among the most crucial requirements for launching a business in the United Arab Emirates....
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UAE Labor Law: Governing Employment The Ministry of Human Resources & Emiratisation (“MOHRE”) has announced an overhaul to the labor laws in the UAE. The new UAE Labor Law (Federal Decree Law No. 33 of 2021), will come into effect as of 2 February 2022. The New Law will replace the current Federal Law No....
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