Investments Archives - Fichte & Co Legal

RAKEZ is Now Offering 100% Ownership

Neelesh Pillai — Sun, 30 Aug 2020 03:13:24 +0000

RAKEZ OFFERS 100% FOREIGN OWNERSHIP IN MAINLAND WITH FDI COMPANY SET-UP In response to the UAE Government’s efforts to provide relief to businesses during the COVID-19 pandemic, a number of free zones have announced major relief packages including fee waivers, rent holidays, and waivers of penalties and also introduced new license packages with a reduced …

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Few Key Changes of the New Dubai Multi Commodities Centre Authority(DMCCA) Companies Regulations 2020

Neelesh Pillai — Wed, 26 Feb 2020 03:23:39 +0000

Dubai Multi Commodities Centre (DMCC) recently announced new DMCCA Company Regulations 2020, which came into effect from 2 January 2020 to further enhance the ease of registration and operation of businesses. The new Regulations have brought in some changes in the existing company law framework, increasing by this the remit of the activities undertaken by …

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New “Dubai Future District” for Future Economy

Neelesh Pillai — Mon, 24 Feb 2020 10:50:16 +0000

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai has announced the launch of a new district combining the key commercial and financial hubs in Dubai and is dedicated to the development of the future economy under the name of ‘Dubai Future District’. The Dubai …

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News Alert: Economic Substance Requirements Guidance Issued

Dr. Laura Voda — Tue, 18 Feb 2020 09:57:08 +0000

Introduction On 11 September 2019, the UAE issued Ministerial Decision No. 215 of 2019 on the Directives for the implementation of the Economic Substance Regulations (ESR). The ESR was earlier published in April 2019 as the Cabinet of Ministers Resolution No. 31 of 2019. The Ministerial Decision of September 2019 (the “Guidance”) is served as …

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Funding Your Start-Up In The UAE

Fichte Legal — Tue, 24 Sep 2019 01:39:26 +0000

Funding options for start-ups in the UAE are on the rise. Traditionally, most start-ups in the UAE have tended to be bootstrapped or financed by conventional lenders such as banks and financial institutions. However, over the last few years, business incubators and accelerators have flourished in the UAE, creating a conducive and cost-effective environment for …

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