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DIFC to hike Freehold Transfer Fee

DIFC is a financial free zone linking markets in the Middle East and North Africa with the rest of the world. The advantages of doing business in the center include 100 % foreign ownership, 0% on income and profits for 50 years, and an international legal system based on English Common Law. The Dubai International […]

India looks to boost ties with Jebel Ali Free Zone

India has sent a delegation to the United Arab Emirates to seek stronger trade ties with authorities from the Jebel Ali Free Zone (Jafza) in Dubai. The delegation comprised top executives of leading Indian companies who have been in Jafza for the last more than twenty years. Since 1985 Jafza and India share strong business […]

Dubai DED is studying to issue licenses through lawyers offices

The Department of Economic Development in Dubai (DED) is planning to issue business licenses for investors through lawyers’ offices. Investors and business owners can authorize these assigned bodies to work on licensing procedures by providing these services to the lawyers’ offices. Dubai’s global position and supplements the UAE’s initiatives to make an indicate in the […]

Ministry of Finance signs MoU with RAK FTZ

Abu Dhabi: The Ministry of Finance has signed a Memorandum of Understanding (MoU) with Ras Al Khaimah Free Trade Zone with the aim of working towards ensuring international standards of transparency in the exchange of information for tax purposes. The memorandum will implement transparency between both parties, ensuring that a principled process is applied to […]