United Arab Emirates (UAE) free zones are attractive jurisdictions for early and growth-stage companies. Free zones are designed to encourage startups and foreign investors through simpler processes and procedures, permiting 100% foreign ownership. However, the more than 45 free zones in the UAE each have their own rules and regulations, so choosing the right free … Continue Reading
On 15 June 2015, the Abu Dhabi Global Market (Global Market), Abu Dhabi’s financial free zone, published the following six new regulations concerning the regulation of non-financial services in the Global Market: – Application of English Law Regulations; – Companies Regulations; – Operating Regulations; – Insolvency Regulations; – Employment Regulations; and – Real Property Regulations. … Continue Reading
The Abu Dhabi Global Market, Abu Dhabi’s new financial free zone, located on Al Maryah Island, recently issued a first wave of draft regulations and related consultation papers. The Global Market’s general approach in the draft regulations follows very closely the English law model. In particular, the Global Market is proposing to apply English common … Continue Reading
