In a significant move to bolster its maritime sector, the General Directorate of Residency and Foreigners Affairs (GDRFA) has launched a six-month multiple-entry visa exclusively for yacht crew members. This initiative, announced at the Dubai International Boat Show, aims to simplify travel logistics for professionals in the yachting industry. According to the GDRFA, the visa…
The United Arab Emirates (UAE) has launched the Business Opportunities Visa, designed to attract entrepreneurs, investors, and skilled professionals from around the world. This initiative, introduced by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP), aims to boost foreign investments and drive economic growth, reinforcing the UAE’s status as a global business…
Sharjah, UAE – In a strategic move to bolster security protocols and streamline investor services, the Sharjah Airport International Free Zone Authority (SAIF Zone) and the Hamriyah Free Zone Authority (HFZA) have engaged in discussions with the Sharjah General Directorate of Civil Defence. This collaboration aims to align safety measures with global best practices, ensuring…
Dubai has introduced a new Golden Visa for superyacht owners, offering them long-term residency and exclusive benefits. Announced by the General Directorate of Residency and Foreigners Affairs (GDRFA) on February 17, 2025, this initiative aligns with the city’s ongoing efforts to attract high-net-worth individuals (HNWIs) and bolster its status as a global leader in luxury…
Abu Dhabi has introduced a fresh set of regulations for the establishment and operation of endowment companies in the emirate. This new framework, announced on February 17, 2025, is a collaborative effort between the Abu Dhabi Department of Economic Development (ADDED) and the Endowments and Minors’ Funds Management Authority (Awqaf Abu Dhabi). The regulations aim…
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has signed a new law introducing a 20% corporate tax on businesses involved in extractive and non-extractive natural resources. The initiative aims to strengthen fiscal management and ensure compliance within the emirate’s resource sectors. Extractive companies engaged in oil,…