DIFC enacts new Family Arrangements Regulations
The regulations are set out to make comprehensive provision for the engagement of family businesses with DIFC, to manage their businesses for the preservation of their wealth and the succession and legacy planning.
The rules were drafted to take advantage of the recognition of...
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New UAE Visa Reforms
Several changes for UAE residency visas have come into effect since October 2022. Many others have been applied recently including an increase in fees for visa services and extended grace periods to exit the country after visa expiry.
The First UAE Virtual Assets Regulations Enforced Now
The UAE Cabinet has issued Resolution No. (111) of 2022, Regulating Virtual Assets and the Related Service Providers, the Resolution aims to develop the legislative system for the Virtual assets sector and related activities in UAE.
The Resolution will guarantee the rights and duties...