
Everything you need to know about living, working and growing in the UAE
Chapter Fifty One: UAE Emiratisation rates increased in private sector On Monday 9th May 2022, the UAE cabinet introduced measures to increase the rate of Emiratisation in the private sector to 2% annually. In accordance with the new ruling, mainland…
Chapter Fifty: New classification system for private sector companies from June 1st A new classification system for companies in the private sector which took effect on Wednesday June 01,2022, was announced by the Ministry of Human Resources and Emiratization (MOHRE)….
Forty-Nine: ESR registration deadline The UAE’s Economic Substance Regulation (ESR) requires the activity of a business as stated in the business license to match its financial statement, with that ‘Relevant Activity’ determined in ‘substance’ rather than in form alone. Businesses…
Forty-Eight: Starting a Gold Trading Business in Dubai. Gold trading has a long and rich history in the UAE – one that continues today. Recently, the UAE government outlined plans for a federal gold trading platform in a move aimed…