Free Trade Zone

News & Analysis as of

First Enforcement of a QIC Judgment in the State of Qatar

In a landmark case (Protech) last week, a judgment of the Qatar International Court ("QIC") has been successfully enforced by the courts of the State of Qatar....more

UAE Labor law for beginners

Employment issues in the UAE are governed by Federal Law No. 8 of 1980 regulating Labor Relations as amended by Federal Laws No. 24 of 1981, No. 15 of 1985 and No. 12 of 1986 (the “Law”). According to Article 3 of the Law,...more

Tax and International Trade Update (Ukrainian)

Liberalization of customs valuation procedure - Within the framework of its gradual liberalization policy, the Cabinet of Ministers of Ukraine (CMU) introduced certain changes to the applicable legislation related to...more

Tax and International Trade Update

Liberalization of customs valuation procedure - Within the framework of its gradual liberalization policy, the Cabinet of Ministers of Ukraine (CMU) introduced certain changes to the applicable legislation related to...more

Recent Developments in the Chinese Regulatory Regime Governing e-Commerce

The Chinese regulatory regime governing e-commerce has been constantly evolving as domestic and cross-border e-commerce continues its rapid growth. Recently, the regulatory environment has opened up in several ways:...more

EU and Canada Signed Landmark Trade Agreement

While the U.S. was fully immersed in its presidential elections and took distance from the T.T.I.P. (the long-negotiated international trade agreement between the U.S. and the European Union), and while Great Britain was...more

Financial Services Quarterly Report - Third Quarter 2016: DIFC Funds: 2016 and Beyond

The Dubai International Financial Centre (DIFC) is a financial free-zone located in Dubai with its own established set of laws and regulations as well as a financial regulator and court system. Established in 2004, the DIFC...more

UAE Freezones: Ras Al Khaimah

Ras Al Khaimah Free Trade Zone (RAK FTZ) is a free zone based in RAK and was established in 2001. The free zone has over 5,000 companies as its members cover various fields and economic activities....more

Business Laws and Regulations in Dubai, UAE

With its stellar growth, Dubai has been known for alluring every business opportunists due its efficient licensing rules, infrastructure, and ease of work. In a survey "the World Bank's Ease of Doing Business Survey for...more

Offshore Companies in the UAE

Whether there is a need to restructure a business, to protect assets or simply develop an international presence for a business, one of the ways of doing so, is by opening an Offshore company....more

China Adopts New Regulatory Regime for Foreign Invested Enterprises

Action Item: China reforms its regulatory regime for managing FIEs by replacing existing MOFCOM approval requirements with a filing procedure nationwide. Beginning October 1, 2016, the incorporation of or a major change to an...more

Jumeirah Lake Towers Freezone

Jumeirah Lakes Towers (JLTFZ) is a 200-hectare, mixed-use waterfront development which offers commercial, residential and retail property for sale and lease. The Freezone was established in 2002 and now has over 3,800...more

Dubai Airport Freezone Authority

Dubai Airport Freezone (DAFZA) is one of the region’s fastest growing Freezones. Established in 1996, DAFZA is home to over 1,450 companies, covering a range of key industry sectors, including aviation, freight & logistics,...more

What Does Brexit Mean For International Employers?

On June 23, 2016, in a hotly contested referendum, British voters chose to leave the European Union in a contest dubbed “Brexit” (for “British exit”). It will take some time before the full implications of this decision...more

Doing business in the Ras Al Khaimah Free Trade Zone

Major benefits of incorporating inside a free trade zone, as opposed to on the UAE’s mainland. However, in brief the companies are entitled to 50 years of zero corporate tax while still being entitled to repatriate the...more

Doing business in the Dubai Airport Freezone

Major benefits of incorporating inside a free trade zone, as opposed to on the UAE’s mainland. However, in brief the companies are entitled to 50 years of zero corporate tax while still being entitled to repatriate the...more

Doing business inside the UAE’s freezones

If you are considering establishing a business in the UAE, you would be wise to spend time investigating the various idiosyncrasies of the local market. One of the first decisions you will arrive at is where to base your...more

Evaluating the Trans-Pacific Partnership

On February 4, 2016, the Parties to the Trans Pacific Partnership (TPP) signed the Agreement in Auckland, New Zealand, marking the formal conclusion of their negotiations. The TPP is one of the largest and most ambitious...more

LMEShield and other developments – the LME’s continuing pivot to Asia

The announcement of the LMEShield initiative arrives off the back of a number of other Asia focused developments for the LME. The LMEShield initiative takes the LME yet one step further towards its desire of having LME...more

What’s the big deal about China?

Well, first of all, China IS big. With nearly 1.5 billion people and an economy whose growth has outpaced that of the U.S. more than three-fold since 2011 according to the World Bank, China has been a ‘hot topic’ for years....more

Investing in Morocco

Over recent years, Kingdom of Morocco has created a legal and regulatory framework very attractive for foreign investors. In addition to its political stable environment, a recent series of tax treaties with numerous...more

The Trans Pacific Partnership (TPP) Agreement - A 21st century trade agreement with major advantages for Pacific Rim businesses

At a news conference in Ottawa on October 5, 2015, Canadian Prime Minister Stephen Harper praised the TPP as "the largest economic partnership in the history of the world" and "the new gold standard for international trade...more

Liberalization of Policy on E-Commerce from Shanghai Free Trade Zone to All of China: Allows Complete Foreign Ownership in...

On June 19, 2015, China’s Ministry of Industry and Information Technology (“MIIT”) promulgated a new policy, Opinions on Lifting Restrictions on the Foreign Equity Ratio for Online Data Processing and Transaction Processing...more

Trade & Manufacturing - July 2015

In This Issue: - Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days - Congress Allows Export-Import Bank Charter to Expire, for Now - WTO Finds That COOL Is...more

Trade & Manufacturing - News of Note - July 2015

State and Commerce Departments Seek Input from Industry on Elements of Export Control Reform - In recent weeks, the State Department and the Commerce Department have published in the Federal Register several proposed...more

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