Entrepreneurs often need clarification in choosing between the Dubai International Financial Centre (DIFC) or the Abu Dhabi Global Market (ADGM) as the place for their new venture or establishment. This article highlights the many commonalities and differences between these two jurisdictions. DIFC & ADGM: Two great...
Understand the concept of the UAE Foundation A foundation is an autonomous legal entity that is separate from its founder. The foundation consists of council members and the founder. The foundation's founder allocates assets to the foundation, which are treated as separate from those belonging solely...
Abu Dhabi Global Markets (ADGM) is considered one of the premier international financial centres in the region. It is based on Al Maryah Island in the capital city of the United Arab Emirates. With its unique framework of English Common Law and independent legal authority, a...
Starting with Abu Dhabi residents will have to pay a municipality fee starting January this year. The fee will amount to 3 percent of the annual rent and is being collected starting this month by ADWEA. The charge will be applicable to tenancy contracts in the...
Risk management: That is the buzzword that the UAE Central Bank is focusing on to roll out new laws to ensure that banks are lending responsibly. UAE Central Bank Transforming the UAE regulatory framework that will be consistent and transparent as per international standards, the Central Bank's...