The Dubai International Financial Center (DIFC) is a well renowned international business hub which has its own independent legal and regulatory framework.
The Abu Dhabi Judicial Department (ADJD) has introduced the Hindi Language in the interactive forms of statement of claims filed before courts, alongside Arabic and English in labour cases. This trilingual service aims to assist foreign workers in better understanding the litigation systems and their rights and duties in concerning cases without the hindrance of a language barrier.
The long-term residence visas that were announced will officially begin issuance on February 3 per the Cabinet of the UAE. Those who are eligible for this visa include investors, outstanding students and foreign nationals with exceptional talents. The revamped visa system aims to improve UAE’s status as a country with an optimal environment that fosters businesses and special talents.
Abu Dhabi has launched a new dispute resolution court, the Summary Cases Court, with a particular focus on breaches of employment law. The Summary Cases Court aims to shorten the process and enforce the law on defaulting employers in labour disputes. Officials presume that a majority of the cases will deal with delay in wage payment, passport withholding, employee health insurance card concerns, employee accommodation disputes and working conditions as they attempt to strengthen employee rights in the nation.
The UAE Federal Tax Authority (FTA) issued a statement on January 26 that urges businesses to file for a de-registration application if they stop operating or anticipate a drop in the value of their taxable goods below the voluntary registration threshold of Dh187,500.
Government officials have revealed that it is anticipated that the amendments will further boost both the tourism sector and the labour market, by allowing the UAE to attract and retain more tourists, visitors seeking employment, skilled workers from abroad and talented students.