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Business banking in the UAE

Opening a business bank account is one of the most important tasks in starting a business in the UAE. In the Emirates, you can open a bank account for mainland, free zone, or offshore companies. For corporates as well as individuals and private sector businesses, having a UAE bank account offers numerous benefits. With a

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An overview of the UAE’s Wages Protection System

Since 2009, the United Arab Emirate’s Wages Protection System (Ministerial Decree No. 788 of 2009) has been an important part of the country’s labor system. A Wages Protection System (WPS) refers to electronic pay transfers that allow employees to receive their wages electronically through authorized banks, bureaux de change, and financial institutions. The United Arab

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Growing Investor Optimism in the United Arab Emirates

The United Arab Emirates is a major economic player in the Middle East, boasting one of the most dynamic and booming economies in the region. As a result, investor confidence is expected to remain high in the coming years. In 2023, investors will likely be looking to the UAE for great opportunities with the potential

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Investing in Real Estate in the UAE: What you need to know before making a move

Purchasing property in the United Arab Emirates is a great way to invest in the country’s real estate market, whether you’re looking to buy, rent, or develop a property. With a number of opportunities available in both the residential and commercial sectors, there is something to suit every need and budget. The UAE has a

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Will registration for non-Muslim expats in the UAE

Non-Muslim foreigners living in the UAE are strongly encouraged to register their wills to protect their family and assets. Wills or testaments represent a person’s final wishes on how they want their assets to be distributed upon their death. A will also appoints an executor or executrix who is responsible for managing the probate estate

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Newsletter November 2022

Dear Friends and Clients, In the 17 years of our activity in the UAE we are experiencing the highest volume of economic emigration from Europe. Up to 5 entrepreneurs a day contact us for advice on existing options to leave Europe and start a new business in the Middle East. These entrepreneurs come from a

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Strohal Legal Group and Alexander & Partner announce Strategic Cooperation

It is with great pleasure that we announce a strategic cooperation between Strohal Legal Group and Alexander & Partner Rechtsanwaltsgesellschaft mbB. A&P is a well-known international German law firm specializing in all aspects of international and national business law. A&P has representative offices in France, Qatar, Ghana, and the Maghreb Region, with expertise in commercial

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Newsletter October 2022

Dear Friends and Clients, The digitalization of business continues. More and more services are offered online, which is probably also a result of the two-year pandemic with many people being forced to work from home. Abu Dhabi even offers an “Investor Journey” program to guide investment-friendly newcomers through the jungle of administration and bureaucracy. Our

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Our top 5 Free Zone recommendations

The UAE has established itself as a major international business hub and is known as the trade and commerce destination in the Middle East. It offers a dynamic business environment for expanding or starting a business. Over 40 free zones located across the Emirates allow you to easily set up a business with more than

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M&A DEAL NEWS: SLG advises Erich Erber on USD 40m investment into Sterner Group AS

Jakob Kisser, Managing Partner of Strohal Legal Consultants, UAE, has acted as sole legal advisor to Austrian entrepreneur Erich Erber, founder and owner of SAN Group, in connection with a NOK 350m private placement in Sterner Group AS and NOK 720m post-money valuation. The hard work on the time-critical transaction has thus paid off for

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