Latest news with #UAEFederalLaw
Business Upturn
13-06-2025
- Business
- Business Upturn
Meydan Free Zone Leads Compliance Innovation with Smooth Digital Setup Model
Meydan Free Zone launches a fully digital compliance system aligned with UAE and global standards, offering fast approvals, real-time tracking, and risk-based profiling to help entrepreneurs stay audit-ready, meet regulatory demands, and grow efficiently in one of the world's most scrutinized business environments. Photo Courtesy of Meydan Free Zone DUBAI, United Arab Emirates, June 12, 2025 (GLOBE NEWSWIRE) — In a city recognized for e-government innovation, Meydan Free Zone is setting a new benchmark for digital business formation, unveiling a fully online setup experience that puts trust and transparency at the core of every step. Responding to the rising demand for regulatory accuracy, speed, and clarity, Meydan Free Zone has engineered a five-step, technology-enabled setup process. The system eliminates delays and errors, equipping founders with the tools and confidence needed to scale in one of the world's fastest-moving markets. 'Founders don't just want to move fast—they want to be trusted by banks, regulators, and partners from day one,' said Mohammad Bin Humaidan Al Falasi, Director of Free Zone Licensing at Meydan Free Zone. 'Our platform delivers that trust through technology, automation, and compliance built into every step.' A Fully Digital, Error-Free Setup Journey The Meydan Free Zone experience begins with guided business activity selection, ensuring each company aligns with UAE licensing and banking standards. Entrepreneurs receive legal structure and naming support, and built-in screening protocols prevent delays caused by inconsistencies or regulatory red flags. All submitted documents are subjected to compliance-grade checks, with digital workflows verifying the source of wealth, shareholder structures, and KYC data in accordance with FATF and UAE regulations. Once approvals are secured, trade licenses can be issued in as little as 60 minutes. A key advantage is Meydan's support for corporate bank account opening—a common challenge for new businesses. The platform provides banks with World Check screenings, verified KYC data, and clear shareholder structures, ensuring high approval rates and minimizing delays due to missing or misaligned information. Technology-Driven Transparency and Regulatory Alignment Meydan Free Zone integrates directly with Dubai's Live Compliance Dashboard, enabling real-time document validation and regulatory tracking. The entire setup process is remote, using e-signatures, AI chat assistance, and a blockchain-secured portal to provide full transparency and data integrity. The platform's enhanced compliance engine, launched earlier this year, automates source-of-funds verification, risk profiling, and ongoing due diligence, all aligned with UAE Federal Law and FATF standards. This ensures every business is prepared to meet the city's rigorous regulatory expectations from day one. Recognized as a qualified free zone under the UAE corporate tax framework, Meydan Free Zone offers eligible businesses 0% corporate tax on qualifying income, with registration and filing requirements smoothly integrated into the setup journey. With over 33,000 regulatory inspections conducted in Q1 2023 across the UAE, staying compliant from inception is essential. Meydan's structured digital workflow eliminates setup errors, streamlines government approvals, and ensures that all regulatory documents are aligned with bank and partner requirements, providing entrepreneurs with a clear, easy path from concept to operational launch. Setting the Gold Standard for Modern Business Formation Meydan Free Zone's dedication to a simple, secure, and fully digital setup positions it as a cornerstone of Dubai's future-forward business environment. The platform features UAE Pass connection, ISO-certified data protection, guaranteed bank account access, and real-time regulatory alignment.. About Meydan Free Zone Meydan Free Zone is one of Dubai's most future-focused business hubs. It offers a fully digital setup experience, comprehensive compliance support, and access to over 2,500 business activities. Built for speed, transparency, and simplicity, Meydan empowers entrepreneurs to scale confidently from Dubai to the world. Contact Information: Contact Person's Name: Anisha Sagar Organization / Company: Meydan Free Zone Company website: Contact Email Address: [email protected] A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
12-06-2025
- Business
- Yahoo
Meydan Free Zone Leads Compliance Innovation with Smooth Digital Setup Model
Meydan Free Zone launches a fully digital compliance system aligned with UAE and global standards, offering fast approvals, real-time tracking, and risk-based profiling to help entrepreneurs stay audit-ready, meet regulatory demands, and grow efficiently in one of the world's most scrutinized business Courtesy of Meydan Free Zone DUBAI, United Arab Emirates, June 12, 2025 (GLOBE NEWSWIRE) -- In a city recognized for e-government innovation, Meydan Free Zone is setting a new benchmark for digital business formation, unveiling a fully online setup experience that puts trust and transparency at the core of every step. Responding to the rising demand for regulatory accuracy, speed, and clarity, Meydan Free Zone has engineered a five-step, technology-enabled setup process. The system eliminates delays and errors, equipping founders with the tools and confidence needed to scale in one of the world's fastest-moving markets. 'Founders don't just want to move fast—they want to be trusted by banks, regulators, and partners from day one,' said Mohammad Bin Humaidan Al Falasi, Director of Free Zone Licensing at Meydan Free Zone. 'Our platform delivers that trust through technology, automation, and compliance built into every step.' A Fully Digital, Error-Free Setup Journey The Meydan Free Zone experience begins with guided business activity selection, ensuring each company aligns with UAE licensing and banking standards. Entrepreneurs receive legal structure and naming support, and built-in screening protocols prevent delays caused by inconsistencies or regulatory red flags. All submitted documents are subjected to compliance-grade checks, with digital workflows verifying the source of wealth, shareholder structures, and KYC data in accordance with FATF and UAE regulations. Once approvals are secured, trade licenses can be issued in as little as 60 minutes. A key advantage is Meydan's support for corporate bank account opening—a common challenge for new businesses. The platform provides banks with World Check screenings, verified KYC data, and clear shareholder structures, ensuring high approval rates and minimizing delays due to missing or misaligned information. Technology-Driven Transparency and Regulatory Alignment Meydan Free Zone integrates directly with Dubai's Live Compliance Dashboard, enabling real-time document validation and regulatory tracking. The entire setup process is remote, using e-signatures, AI chat assistance, and a blockchain-secured portal to provide full transparency and data integrity. The platform's enhanced compliance engine, launched earlier this year, automates source-of-funds verification, risk profiling, and ongoing due diligence, all aligned with UAE Federal Law and FATF standards. This ensures every business is prepared to meet the city's rigorous regulatory expectations from day one. Recognized as a qualified free zone under the UAE corporate tax framework, Meydan Free Zone offers eligible businesses 0% corporate tax on qualifying income, with registration and filing requirements smoothly integrated into the setup journey. With over 33,000 regulatory inspections conducted in Q1 2023 across the UAE, staying compliant from inception is essential. Meydan's structured digital workflow eliminates setup errors, streamlines government approvals, and ensures that all regulatory documents are aligned with bank and partner requirements, providing entrepreneurs with a clear, easy path from concept to operational launch. Setting the Gold Standard for Modern Business Formation Meydan Free Zone's dedication to a simple, secure, and fully digital setup positions it as a cornerstone of Dubai's future-forward business environment. The platform features UAE Pass connection, ISO-certified data protection, guaranteed bank account access, and real-time regulatory alignment.. About Meydan Free Zone Meydan Free Zone is one of Dubai's most future-focused business hubs. It offers a fully digital setup experience, comprehensive compliance support, and access to over 2,500 business activities. Built for speed, transparency, and simplicity, Meydan empowers entrepreneurs to scale confidently from Dubai to the world. Contact Information: Contact Person's Name: Anisha SagarOrganization / Company: Meydan Free ZoneCompany website: Email Address: anisha@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Business News
22-05-2025
- Business
- Time Business News
Navigating the Legal Landscape in Dubai
One of the most dynamic business hubs that is now a global metropolis in the Middle East is Dubai. With the rapid development, it is essential to make a sophisticated legal framework that is capable of managing complex corporate transactions, regulatory compliance, commercial disputes, and much more. The legal advocates and corporate lawyers in Dubai are the heart of this legal ecosystem in Dubai so that the businesses and individuals can operate according to the law while also safeguarding their interests. Understanding the roles of legal advocates and corporate lawyers in Dubai helps in strategic success and legal vulnerability, whether you are a foreign investor, a founder, or a multinational executive. What is the Role of Legal Advocates in Dubai? Legal advocates in Dubai are referred to as professionals who are licensed and authorized to represent clients in court and can provide legal advice across various domains. According to the UAE Federal Law, only Emirati nationals are allowed to act as advocates before the UAE courts. However, international law firms often hire local advocates to provide comprehensive legal solutions to their clients. Legal advocates are responsible for handling the following matters; Criminal defense Disputes of real estate Family matters such as divorce and inheritance Employment law Civil litigation and arbitration Administrative law Disputes related to the government One of the unique aspects seen in the legal advocacy in Dubai is the dual-court system. Dubai is known to operate both a civil law judiciary under the UAE federal system and a common law system within the Dubai International Financial Centre (DIFC). The legal advocates are expected to be well aware of the laws and which jurisdiction applies so that they can tailor the strategy accordingly. Expanding Role of Corporate Lawyers in Dubai The corporate lawyers in Dubai are well-versed in the legal aspects of running a business and offer strategic legal counselling to companies of all sizes, whether they are local SMEs or larger 500 companies operating in the UAE. The core services that the corporate lawyers are responsible for providing are as follows; Formation and Structuring of the company Mergers and acquisitions (M&A) Drafting of contracts and negotiations Regulatory compliance including the UAE commercial companies law, VAT regulations, and economic substance regulations. Corporate governance Protection of intellectual property Resolution and arbitration of disputes According to the report of 2023 by the Dubai Chamber of Commerce, over 30,000 new businesses were registered in Dubai in the first half of the year only which signifies the surge in entrepreneurial activity. In this scenario, the corporate lawyers are significant allies in guiding the companies about the UAE's evolving regulatory landscape. Why the Legal System of Dubai is Business-Friendly? Dubai has made remarkable developments in its legal jurisdiction to make it favorable for investors. Some of the prominent business-friendly features include the following; Free Zones: Dubai is known to have more than 30 free zones, which have their own regulatory authority and commercial benefits. These commercial benefits involve 100% foreign ownership and tax exemption. The corporate lawyers help businesses to opt for the right zone and navigate the licensing procedures. DIFC and ADGM: The common law jurisdictions are DIFC and ADGM, which operate independently in the UAE. They have their own civil and commercial laws, which are based on English common law; this makes them attractive to international firms. Arbitration Centers: Dubai hosts several top-tier arbitration forums such as the Dubai International Arbitration Centre (DIAC) and the DIFC-LCIA Arbitration Centre. Corporate lawyers come into play as guides for clients regarding arbitration proceedings, making arbitration faster and more confidential than litigation. How to Choose the Right Legal Advocate or Corporate Lawyer in Dubai? Opting for the right legal advisor is a crucial decision that directly impacts the success of the business transaction or the resolution of the dispute. Some of the factors that one should consider are as follows; Expertise and Specialization: Always make sure that the layer or the law firm has direct experience in handling cases or transactions that are similar to your case. For instance, a lawyer with the experience of M&A might not be the correct choice for a real estate litigation issue thus, relevant experience is crucial. Bilingual Capabilities: Non-Arabic individuals should always opt for lawyers and firms that are proficient in Arabic and English both as the legal proceedings in the UAE courts are conducted in the Arabic language. Someone with weak Arabic might not be a good fit for legal proceedings in Dubai. Licensing: According to the law, only licensed Emirati advocates are allowed to appear before the local courts. If your case needs litigation, ensure that the legal team you have chosen includes a licensed advocate. Reputation and References: Always look for referrals, client testimonials, or industry recognition. Many of the leading legal firms in Dubai are ranked by the global directories. Communication and Transparency: Opt for professional who are transparent regarding their fee and have no hidden charges, guide you about the proper timeline and the possible outcomes of the case without sugar-coating. Conclusion The role of legal advocates and corporate lawyers in Dubai cannot be overstated, as they play a crucial role in building the bridge between the businesses and the legal landscape of Dubai. Whether you are planning to enter the UAE market, want to expand operations in the country, or you are dealing with any dispute, your only go-to solution is the legal advocate and corporate lawyer. They act as navigators who are trusted and understand the increasingly complex legal system of Dubai. They offer clarity, protection, and strategic value to businesses and individuals alike. With the rise in the reputation of Dubai as a global legal and commercial hub, skilled legal representation has become a necessity. Whether a business is finalizing the cross-border acquisition or it is drafting the contract of a startup's first employment, expert legal counsel is the smartest investment one can make in the UAE for greater benefits. TIME BUSINESS NEWS
Dubai Eye
17-04-2025
- Politics
- Dubai Eye
UAE team visits labour facility to check accommodation standards
A delegation from the UAE's National Human Rights Institution (NHRI) has carried out an inspection of a labour accommodation in Dubai Industrial City as part of a campaign to ensure living conditions for workers meet health and safety standards. The team held individual meetings with a number of workers to ensure they have assess to good living conditions. Dr. Saeed Al Ghfeli, Secretary-General of the NHRI was accompanied by a number of specialised technical and human rights experts from the institution during the inspection. Chairperson of NHRI, Maqsoud Kruse, said the visit is an effort to ensure the rights of workers are protected through continuous monitoring of working and living conditions. The NHRI launched its first field visit in February this year under a UAE Federal Law, which grants the authority the right to "conduct field visits to correctional and rehabilitation institutions, detention centres, labour facilities, healthcare and educational institutions, and shelters to monitor human rights conditions". The visits aim to raise awareness and ensure compliance with national and international human rights laws and standards.
