Coronavirus: Now Get a Dubai Move Permit Once in 3 Days
Dubai April 16, 2020 Permit for cash withdrawal from ATMs to be obtained once in 5 days Dubai residents can apply a one time permit every three days to go out and buy groceries or medcines, Gulf News has learnt. In an update on the Dubai Permit website, residents can apply for the ATM cash […]
Coronavirus: UAE Visit, Tourist Visas Will Be Valid Till End of 2020
Dubai April 14, 2020 Decision applicable to those whose visas have expired after March 1 this year UAE visit and tourist visas held by those inside the UAE will be valid until the end of 2020, the authorities have clarified. The General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA) said on their Twitter […]
COVID-19: UAE Ministry of Economy Announces Reduction in Fees for 94 of its Services
April 12, 2020 Dubai Move represents important step to reduce the cost of business during coronavirus crisis. The Ministry of Economy has announced a new list of service fees, reflecting a reduction across 94 of its offered services, particularly provided by the Ministry to the public covering individuals, companies and the business sector. The move […]
Financial Stimulus for Businesses by UAE Government to Combat Covid-19 Impact
Dubai April 11, 2020 During these difficult times, the UAE authorities are leaving no stone unturned to help the business in particular and public at large. They are taking strong and timely actions on proactive basis to combat Covid19 impact and support both citizens and residents of the UAE. The latest edition is an economic […]
COVID-19 measures: UAE exempts expired residency visa holders from fines
April 5, 2020 Dubai: The UAE Cabinet on Sunday approved a decision exempting holders of expired residency visas from fines until the end of the year. The remote cabinet meeting also approved a package of decisions and facilities in addition to instructing the local factories to support the the heath sector. Chaired by His Highness […]
Economic Substance Regulations Deadline Update, UAE – Creative Zone
Dubai April 1, 2020 Some free zones have extended the March 31 deadline for companies to file Notification of Economic Substance Regulation with their relevant activities and core income generating activities for businesses managed within and from the UAE. The leniency for the new deadline to June 30 will ensure timely adherence to regulation and […]
10 Penalties You May Incur If The Business Is Not Set Up Right
When you’re setting up a business in Dubai, you need to fulfill all the legal requirements, failing which you may incur heavy penalties. Foreign entrepreneurs, who adopt guidance from the internet or rely heavily on DIY documents, are at high risk of making expensive mistakes while setting up their businesses. Here are the top 10 […]
What is Corporate Sponsorship and How Creative Zone Can Help You With Your Business Set-up Needs?
If you are a foreign national looking to set up a business on the Dubai Mainland, then local sponsorship is mandatory. The term ‘local sponsor’ refers to a local partner who is a locally-residing UAE national mandated to own at least 51% of the shares of the company. The local partner vouches for your trustworthiness […]
COVID-19: Expired UAE residency visas can be renewed for 3 months without a fee
UAE cabinet also approved slew of measures to counter the negative impact of coronavirus Abu Dhabi: The UAE Cabinet on Monday approved that residency visas expired on March 1 be renewed for a renewable period of three months, without additional fees. The move is part of a series of precautionary and preventive measures to limit […]
Business Setup Options in the UAE
With the UAE’s impressive growth in recent years, promising economic growth projections, and ambitious projects underway, there has been no better time than now to set up a business in the UAE. Moreover, the company formation process is relatively simpler and quicker, with strong incentives in the UAE’s free zones. That is why an increasing number of […]