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Following from our recent newsflash regarding foreign ownership of businesses in the UAE, Sheikh Mohammed bin Rashid Al Maktoum, UAE Prime Minister and Ruler of Dubai,...

Johannes Jonas, managing partner of Cohen & Gresser's Dubai office, explains why familiarity can create a false sense of confidence and why long-term success in the Gulf depends on understanding the region's business culture as much as its legal framework. The article examines common cultural and business mistakes made by first-time entrants and provides a practical five-point readiness checklist for companies considering expansion into the Gulf.

In an event that was hosted at the Saudi Standards, Metrology and Quality Organisation in Riyadh which was in partnership with the Saudi Organisation of Certified Public Accountants and associated with Drooms.

Berkley Ltd is expanding its international presence through a strategic partnership that connects Cyprus with Abu Dhabi and the broader UAE market. The firm offers specialized cross-border solutions for High Net Worth Individuals and corporate groups, including tax navigation, international structure management, and ADGM establishment services. Their on-the-ground expertise ensures efficient and compliant business expansion between European and Middle Eastern markets.

From a Legal perspective, if an investor wants to start a business in the UAE, he/she should follow the golden rules listed below:

The Foreign Direct Investment Law (Decree No 19 of 2018) established a framework enabling up to 100% foreign ownership of UAE businesses, outside of the designated freezones.

In recent years throughout the Gulf Cooperation Council (GCC) bloc there has been a necessary shift to open up their capital markets to foreign investment

Greetings from the UAE! We are taking part in a series of inspiring and productive meetings whilst proudly representing Berkley Ltd.

The UAE government recently introduced sweeping changes to the civil and criminal laws governing various matters such as consumption of alcohol, consensual sex, cohabitation, inheritance, among other changes.

The Middle East has for some years been the port of first call for many UK retailers looking to internationalise their business.

Dubai rose to fame in the information technology sector when global IT giants moved their regional base to the Dubai Internet City.

The United Arab Emirates has consistently sought to develop the UAE into a pro-business region and to have the best of facilities and policies that encourage foreign direct investments.

Effective December 1, 2020, the Government of the United Arab Emirates (UAE) will allow certain foreign investors to fully own local companies without an Emirati sponsor.

Per Article II, the decree enhances UAE's position as a major destination for FDI at the local and international levels.

The United Arab Emirates has taken another step along the path towards becoming one of the most friendly jurisdictions for foreign investment.

"The UAE Foreign Direct Investment Law was enacted on 23 September 2018.

The UAE has issued many critical changes in recent years in furtherance of its aim to establish itself as the leading business hub in the region, one that promotes a business-friendly environment.

On 23 November 2020, the UAE's official press agency announced that a Federal decree law has been issued making significant amendments to the Commercial Companies Law (Federal Law No. 2/2015)...