DUBAI FDI ECOSYSTEM
Stimulating the Business Environment to Address COVID-19 Virus Effects
UAE Ministry of Economy is now offering updates about COVID-19, best practices for doing businesses in times of crises COVID-19, insights about UAE’s investment environment, incentives granted for businesses in the UAE, information about FDI law, Coronavirus Reports & Summaries Regarding Investments, and a direct communication with MOE’s Investment Department
Economic Substance Regulations require businesses to apply “Substance Over Form”
The purpose of the Regulations is to ensure that UAE entities that undertake certain activities are not used to artificially attract profits that are not commensurate with the economic activity undertaken in the UAE
10 Jul 2020
UAE Cabinet approves to amend a number of Resolutions related to the identity and citizenship sector and resumption of work
The decision came after the current situation was studied in detail to ensure that there were no negative effects or repercussions on various sectors.