The purpose of this article is to provide a brief introduction to a new possibility for foreigners in Dubai to register their last wills and testaments (Wills) and express their wishes with regard to the distribution of their Dubai (and/or Ras Al Khaimah) assets after death.Limited Liability Company: requirements under new UAE Commercial Companies Law 03.04.2017
The new UAE Commercial Companies Law (Federal Law No. 2 of 2015) (“CCL”) came into effect on 1 July 2015. It replaced previous Law No 8 of 1984. A fine of AED 2000 per day of delay will be imposed on any company that fails to amend its MOA before 1 July 2017 to be compliant with the provisions of the new CCL.
There are several options for obtaining residence permit (resident visa) in Dubai, UAE.Offshore Company in Jebel Ali Free Zone in Dubai, UAE 18.05.2015 Starting from 1 January 2011, the Land Department in Dubai will only register properties in the name of offshore entities registered as such with Jebel Ali Free Zone Authority (JAFZA).