Publications
Finance
Invest in UAE Real Estate Market through Your RAKEZ or RAKICC Company
Investing in UAE Real Estate Market has been made even easier, once the companies RAKEZ and RAKICC were permitted to own properties in the freehold areas.
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Management
Global Product: the Midshore Free Zone Solution from RAK ICC
Global investors can now set up a new company or redomicile an existing business to the UAE by using the Global Product which combines Free Zone and Midshore benefits.
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Finance
A Landmark Court Ruling for Clients of the Sanctions-Affected Broker Firms
A few days ago the ARNOS GROUP lawyers managed to obtain a fundamentally important court ruling to freeze assets of a broker firm that failed to perform its obligations to the client due to sanctions.
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Management
Important Update: UAE Visa Validity Change
As recently announсеd by the UAE Federal Authority for Identity and Citizenship, effective 3 October 2022, all newly issued and/or renewed visas will have a validity of 2 years maximum (previously up to 3 years).
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Management
Amendments to BVI Company Law: Summary of Key Changes
As of the 1st of January 2023, multiple amendments to the BVI Business Companies Act will come into force, with some of them being purely technical and some game-changing.
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Finance
EU Court of Justice Ruling on Invoicing for VAT Purposes
In the last days of September 2022, the Court of Justice of the European Union (ECJ) ruled that a written agreement concluded between parties can be regarded as an invoice for VAT purposes.
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