What a UAE Mainland LLC Is and Who It Suits A Limited Liability Company (LLC) is the most widely used business structure for foreign investors establishing a commercial presence on the UAE mainland. Governed by Federal Law No. 32 of 2021 on Commercial Companies, an LLC is a separate legal entity — distinct from its … Read more
What Is ILOE Insurance and Who Must Subscribe? Involuntary Loss of Employment (ILOE) insurance is a mandatory unemployment insurance scheme introduced under Federal Decree-Law No. 13 of 2022, requiring most private and federal government sector employees in the UAE to subscribe from the date they take up employment. The scheme compensates eligible employees for a … Read more
Cancelling a trade license in Sharjah is not a single form submitted to one office. It is a sequence that runs through the Sharjah Economic Development Department (SEDD), the Ministry of Human Resources and Emiratisation (MOHRE), immigration authorities, utility providers, and, for most companies, a licensed liquidator. Skipping a step does not just delay the … Read more
What Is an Offshore Company in the UAE? An offshore company in the UAE is a legal entity incorporated under one of three dedicated offshore regimes (RAK ICC, JAFZA Offshore, or Ajman Offshore) to hold assets, conduct international trade, or act as a holding vehicle, without a physical office or the ability to conduct business … Read more
AML Enforcement in the UAE Has Entered a New Phase The Ministry of Economy has imposed more than AED 130 million in administrative fines on Designated Non-Financial Businesses and Professions since late 2022, with AED 42 million of that total landing in the first half of 2025 alone — a sharp acceleration from the AED … Read more
Corporate Tax Compliance for Mainland Businesses in the UAE Corporate tax compliance ranks among the most consequential ongoing obligations for any company operating on the UAE mainland. The regime was introduced under Federal Decree-Law No. 47 of 2022 and applies to the great majority of mainland-licensed businesses across the country, regardless of which emirate issued … Read more
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