The recognition of small and medium-sized enterprises (SMEs) as generators of jobs has become a proven fine art in Dubai, with the establishment of a dedicated agency inside the Department of Economic Development (DED). Between 1000 and 1200 would-be entrepreneurs approach the agency annually seeking advice, help and sometimes practical assistance...
This chapter contains an overview of the draft of the new companies law, which clarifies rules for investment and covers a number of important exemptions in the law. There is also an explanation of the new competition law, which was recently enacted by the UAE government.
This chapter contains a viewpoint from Michael Kerr, Regional Managing Partner, Dentons.
This chapter contains a rundown of taxation in Dubai, with explanations of the situation regarding income tax, municipal and property tax, and tax treaties, among other topics. It also contains an analysis of the Dubai International Financial Centre.
This chapter contains a viewpoint from Mahmud Merali, Managing Partner, MERALI’s.
Easy access to air and sea transport, combined with expansions at the Jebel Ali Port and of the national airline, has helped establish Dubai’s position as both a trans-shipment hub and a destination for export industries. The industrial sector continues to provide a major contribution to non-oil GDP, with heavy industries able to take advantage of low energy prices. The emirate’s free zones...
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