Policy update

Policy & Legal Updates

UAE Commercial Companies Law Enables Internal Corporate Re-Domiciliation

ABS Partners analyzed Article 15 bis of the UAE Commercial Companies Law, amended under Federal Decree Law No. 20 of 2025, which establishes a framework for internal corporate re-domiciliation. Companies can transfer between Emirates, Free Zones, and Mainland jurisdictions without losing their legal identity. The statutory procedure prevents the need for company liquidation and maintains existing contracts and banking continuity.

Policy & Legal Updates

UAE Cabinet Approves Dh292.5 Billion Multi-Year Federal Budget for 2027-2029

The UAE Cabinet has approved a three-year federal budget totaling Dh292.5 billion for the 2027-2029 cycle, marking a 28.3 percent spending increase. Federal expenditures for 2027 are set at Dh90.1 billion, with the largest share directed toward social development, education, and healthcare.

Policy & Legal Updates

UAE Reviews Fee Exemptions for Industrial Property Services Under Cabinet Resolution

The UAE Ministry of Economy and Tourism reviewed Cabinet Resolution No. 136 of 2026 granting industrial property fee exemptions. Implemented on 14 September 2026, the resolution provides full fee waivers for 29 specific industrial property services. Additional exemptions apply to student inventors and People of Determination across select patent and design procedures.

Policy & Legal Updates

Dubai Outlines Four Criteria for Five-Year Green Residency for Skilled Workers

Dubai's General Directorate of Residency and Foreigners Affairs clarified four mandatory conditions for skilled workers seeking a five-year green residency visa. Applicants require an active UAE work permit, valid employment contract, a bachelor's degree, and a minimum monthly salary of AED 15,000. The programme is restricted to specific occupational classifications set by the Ministry of Human Resources and Emiratisation.