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The types of Business Licenses issued in the United Arab Emirates (UAE) are professional, commercial, industrial and tourism. The professional license covers services offered by professionals, artisans and craftsmen; the commercial license covers all trading and commercial activities performed with an intention of making profit ; the industrial license covers all industrial and manufacturing ...
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular stockholder. There is no standard definition of ...
The legal system in the United Arab Emirates is based on civil law, and Sharia law in the personal status matters of Muslims and blood money compensation. [1] Personal status matters of non-Muslims are based on civil law. [2] The UAE constitution established a federal court system and allows all emirates to establish local courts systems. [3]
An FZE is a limited liability company governed by the rules and regulations of the Free Zone in which it is established. Except for acquiring nationality in the UAE, the provisions of the Commercial Companies Law (CCL) do not apply to FZEs, provided that the Free Zones have special provisions regulating such companies.
The FTA’s efforts are essential in supporting the UAE’s economic goals by ensuring an effective and efficient tax system that aligns with international standards. The Federal Tax Authority (FTA) is the government agency responsible for the administration and regulation of tax laws in the United Arab Emirates (UAE). [2]
The Wills Service was established by Resolution No. 4 of 2014 issued by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the President of the Dubai International Financial Centre (DIFC), and its authority re-affirmed by Dubai Law No. 15 of 2017 issued by his Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime ...
The judicial system of the United Arab Emirates is divided into federal courts and local courts. The federal justice system is defined in the Constitution of the United Arab Emirates , with the Federal Supreme Court based at Abu Dhabi. [ 1 ]
According to GEM 2009 Global Report, UAE has the highest increase globally in new startup activity 38% (Comparing 2006–2007) results to those in 2008–2009. [2] Starting a new for-profit company in the United Arab Emirates, one of the 10 Doing Business indicators, became much simpler and quicker from 2000 to 2010, according to the 2010 ...