The growing landscape of opportunities and entryway for businesses to U.A.E

The U.A.E. business landscape witnessed various progressive decisions recently, which hold the promise to bring positive changes in the investor confidence, transparency & ease of doing business within the nation. These recent updates include:

• a. Allowing foreign investors to hold up to 100% of the shares in the locally incorporated “onshore” companies
• b. Abolishing an age-old ban on trade between Israel & U.A.E. through normalization agreement (Abraham Accords), thereby allowing diversification & expansion of business relationships between the two.
• c. Introduction of the Economic Substance Regulations (E.S.R.) under the specific guidance issued by the Ministry of Finance
• d. Introduction of Country-by-Country Reporting (CbCR) under