UAE ranked first in the in the region, and fourth globally in the Global Entrepreneurship Index (GEI) 2020 by the Global Entrepreneurship Monitor (GEM – NECI). This is testimony to the many milestones it has announced and the new initiatives…
Internet retailing of food and beverage is estimated to have recorded strong increase over the last 5 years in the UAE. With onset of COVID-19 and global lockdown Retail E-commerce is therefore an important channel for existing and new businesses…
Foreign Direct Investment (FDI) in the UAE is regulated by the Federal Law by Decree No. 19 of 2018 UAE Foreign Direct Investment.It allows foreign investors to own up to 100 per cent of the business for activities which fall under the positive list. There are certain sectors and economic activities that are NOT permitted for FDI...
If you are a healthcare professional who wish to do medical practice in the U.A.E then you should obtain specific licenses based on your specialization and your medical profession. Professional license in UAE can be issued to resident Doctors, Specialists, General Practitioners, Consultants, Dentists, Nurses,..
A cloud kitchen-also referred to as a 'virtual kitchen' or 'ghost kitchen' or-is a commercial kitchen space that provides food businesses the facilities and services needed to prepare menu items for delivery and takeout. Unlike traditional brick-and-mortar locations, cloud kitchens allow food businesses to create and deliver food products with minimal...
Holding companies are legal entities that incorporate subsidiary business entities.Holding companies are ideal for shareholding, trademark and patent ownership or purchasing real estate and other assets. Holding companies are not permitted to engage in any standalone commercial activities...
When starting up as an influencer for blogging, Photographers, Social Celebrities, Macro-Influencers, Micro-Influencers having a fan base that ranges from 30,000-350,000 followers across their social media networks, Thought Leaders or vlogging, your listed activity listed in the Business License should be - Marketing Services Via Social Media...
The Department of Economic Development (DED) provides different types of licenses for different businesses in Dubai. For trading activities, it is commercial license; for manufacturing activities, it is industrial license; and for professional activities, a professional license is issued to the companies..
The 100 percent foreign ownership is NOW AVAILABLE for more than 1,000 commercial and industrial activities.As per the New Amendments To The UAE Commercial Companies Law Of 2015 , It’s no longer mandatory to have an Emirati partner or specify a fixed share ratio for him/her..
Reference to the Cabinet decision No. (58 of 2020) regulating the Beneficial Owner procedures, UAE federal regulation requires institutions to capture and identify the details of the ultimate individual beneficial Owner (s) (UBOs) and submit the same to the licensing authority before...