UAE announces citizenship will be available to eligible foreigners

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In a major policy change announced on Saturday, the UAE Government approved amendments to its citizenship law, opening it up to groups of select foreigners. UAE will become the first Gulf nation to formalise a process aimed at embracing “exceptional people” and their families as part of Emirati society, and ensuring the social stability of these people in the country. … Read More

Economic substance reporting deadline extended to 31st January 2021

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The Ministry of Finance (MoF) has extended the deadline for all UAE based companies to file their Economic Substance Regulation (ESR) Notifications and (if necessary) ESR Reports to 31st January 2021. All companies in the UAE that engage in a “relevant activity” must submit an annual ESR notification and , if applicable, an ESR Report to both the regulatory authority … Read More

UAE reveals new categories eligible for golden residency visas

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Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the decision to expand the categories of eligible individuals for the 10-year “golden” residency visa. The new categories now include: PhD holders, doctors, engineers in the fields of computer engineering, electronics, programming, electricity and biotechnology. It also includes graduates from … Read More