Understanding UBO (Ultimate Beneficial Owner) The concept of the Ultimate Beneficial Owner (UBO) is integral to the regulatory landscape of the United Arab Emirates. It refers to the individual or individuals who ultimately own or control a company, even if they are not the named shareholders. In essence, the UBO is the real person behind … Read more
Introduction to ADGM and COBS The Abu Dhabi Global Market (ADGM) serves as an international financial center located in the capital of the United Arab Emirates. Established in 2013, ADGM has swiftly positioned itself as a key player in the global financial landscape, promoting business growth through a robust regulatory framework. The jurisdiction houses a … Read more
Introduction to JAFZA and Its Importance The Jebel Ali Free Zone Authority (JAFZA) plays a crucial role in shaping the economic landscape of the United Arab Emirates (UAE). Established in 1985, JAFZA is a key free zone that caters to global businesses looking to expand into the UAE and Middle East markets. It is strategically … Read more
Introduction to Abu Dhabi Law No. 3 of 2020 Abu Dhabi Law No. 3 of 2020, commonly referred to as the Economic Establishments Law, was enacted to provide a comprehensive regulatory framework for economic activities within the Emirate of Abu Dhabi. This legislation has significant implications for economic establishment operators, promoting a robust environment conducive … Read more