A company’s share capital, the money that is injected into a company by its stakeholders, does not belong to the stakeholders but the company itself. The reason for this particular rule is in order for a business to have a cushion in paying debts to a third party. The company, its stakeholders, and creditors get … Read more
The Dept. of Economic Development (DED) of Abu Dhabi announced just recently the eligibility of UAE citizens, UAE residents, and all non-residents in applying for a freelance license. The new licensing regulation allows freelancers to practice several different kinds of economic activities in Abu Dhabi. Previously, licenses were only issued to a local or UAE … Read more
