The UAE Federal Authority for Identity and Citizenship (ICA) has just announced they are ready to accept applications for a new 5-year multiple entry tourist visa. This new visa enables tourists to enter UAE multiple times on self-sponsorship and remain in the country for up to 90 days on each visit, which can be extended for another 90 days. We … Read More
Minimum investment for Property Visa reduced to 750,000 AED
The minimum investment to apply for a Property Visa in Dubai has been reduced to 750,000 AED, according to information available on the Dubai Land Department’s website. Previously, it was 1 million AED. This option is available through DLD’s Taskeen Programme, and permits an individual who owns a property valued at 750,000 AED or more at the time of purchase … Read More
Alpha Management licensed as a Company Service Provider as part of new ADGM Framework
Alpha Management Limited has been granted a license by the ADGM Registration Authority to conduct “Company Service Provider” activities in line with the recently introduced ADGM Company Service Provider framework (“CSP Framework”), which became operational on 12th July 2021. The CSP Framework is designed to ensure a robust regulatory regime for company service providers in ADGM that is in line … Read More
100% foreign ownership in mainland companies to start from June 1st 2021
The previously announced commercial law allowing 100% foreign direct ownership in local UAE companies will come into effect from 1st June 2021, the UAE’s Ministry of Economy has announced. All current and previously licensed businesses in the UAE are eligible to amend their statuses according to the new additions to the commercial companies law. In November 2020, the UAE government … Read More