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The Key Laws Introduced in The UAE to Ease Business

January 20, 2020

Previous year was one of the most fruitful in terms of many positive changes made by the UAE Government to create favorable investment climate for businesses and attract capital into the country. The new rules and regulations introduced were to increase the easiness of doing business in the UAE. The new regulations are effective and beneficial both for foreign investors and companies located in the UAE and those looking to set up in the future.

  • Foreign Direct Investment: 100% foreign ownership within certain industries
  • Introduction of long-term visas, gold visas
  • Implementation of Instant Licenses, 5 minute business set up
  • Introduction of Dual Licenses, when Free Zones can extend to Mainland
  • Reduced visa costs across multiple government departments
  • Introduction of Economic Substance Regulations
  • Labor Legislation

These changes bring in the further development of the UAE’s economy and its status as a hub for business activities across regional and international borders, supported by numerous initiatives from leading government bodies to make business in UAE as easy as possible.

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