Dubai has announced the gradual reopening of business activities beginning 27 May 2020 within the emirate. The announcement that there will no longer be any restrictions on movement between 6 am and 11 pm was issued at a...more
The DIFC Prescribed Company Regulations 2019 (PC Regulations), which have been expected since the DIFC announced it would be introducing such a regime on 30 June 2019, were enacted on 31 October 2019 (the Commencement Date)....more
Entities carrying on “Relevant Activities,” including banking, insurance, and investment fund management, among others, in the United Arab Emirates will need to meet an economic substance test from April 30, 2019, and from...more