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Policy & Legal Updates

Understand the policies, laws and regulations shaping business across China and the UAE.

Business registration · Investment · Taxation · Customs · Trade · Financial regulation · Employment · Visas · Free-zone policies. Every update identifies the issuing authority, jurisdiction, publication date, effective date and official source.

Policy & Legal Updates
Source: The National

DFSA Fines Vault Wealth Dh401,000 Over Unauthorised DIFC Financial Services

The Dubai Financial Services Authority has fined wealth advisory firm Vault Wealth Dh401,000 ($109,200) for conducting unauthorised business activities in the DIFC. Although licensed by the FSRA in Abu Dhabi Global Market, the firm lacked DFSA authorisation. The penalty was discounted by 30 percent from Dh573,000 following a settlement.

  • Dubai Financial Services Authority
  • Dubai International Financial Centre, United Arab Emirates
  • Final rule
Policy & Legal Updates
Source: The National

Sharjah Ruler Extends Bereavement Leave for Government and University Employees

Sharjah has updated statutory bereavement leave rules for emirate government and university personnel. Under the directive, employees receive five days of paid leave for deaths occurring inside the UAE and eight days if the death occurs abroad. The policy covers a wide range of close relatives to strengthen family support.

  • Sharjah Ruler's Court / Sharjah Human Resources Department
  • Sharjah, United Arab Emirates
  • Final rule
China–UAE News
Source: UECN

Chinese Direct Investment in UAE Reaches $2.6 Billion as Financial Presence Grows

China's outbound direct investment to the UAE expanded to $2.6 billion, more than tripling the previous year's total. Beijing-based China Securities received regulatory licensing from the Dubai Financial Services Authority to establish a regional office in DIFC. Concurrently, JINGDONG Property finalized an agreement to develop a 150,000-square-metre logistics complex in Abu Dhabi's KEZAD zone.

  • Dubai Financial Services Authority
  • United Arab Emirates
  • Final rule

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