As anticipated in the previous editions, an Italian company that intends to enter the market of the UAE, but does not have a permanent establishment in the area, may consider two forms of indirect investment: 1) signing contracts of sale or supply; 2) signing agency, distribution and franchising contracts. In general terms, the sale and…
Article 313 of the Commercial Companies Law of 1984 (CCL) allows a foreign company to do business in the UAE by opening a branch or a representative office there. In general, unlike foreign subsidiaries, branches or representative offices are basically mere emanations of the parent company. Therefore, the entity thus formed will not have a…
An Italian company wishing to enter the UAE market without a local organization of its own must first consider two main forms of investment. Direct investments, i.e. those strategic forms aimed at establishing a permanent presence of the Italian company in foreign territory by opening Representative Offices, Branch Offices or establishing companies on site; or…
Winner of the “Best Airport in the Middle East” award in 2013, Abu Dhabi International Airport, located a few kilometers from the capital, is -together with the port of Dubai- one of the airports with the highest growth rate in the world. To date, along with the national air company Etihad Airways, more than 53…
The Gulf Standard GSO 9/2007 is the current legislation regulating the labeling of food commodities in the UAE. According to the current regulatory framework, there are no restrictions on imports of food, except for some specific restrictions that apply mainly to products such as pork and alcohol (which can be imported only by authorized distributors)….
As shown by the report issued by Business Monitor International (BMI) in 2013, the agribusiness market in the UAE is booming, especially thanks to the recent substantial growth of the tourism industry and of the catering sector, which in recent years has contributed in a decisive way to the strong increase in demand for Italian…
After the contraction suffered by the building industry in the UAE between 2009 and 2010, as a result of the global financial crisis, with a 2012 turnover of 39.4 billion dollars the sector is now experiencing a new and important growth, with significant investments both in public and private sectors. The resumption of business is…
The United Arab Emirates is a federation consisting of seven emirates, Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah and it is located in the south-east of the Arabian Peninsula. Despite its rather small size, 830,000 Square Miles (less than one third of Italy) and a population of some 5.315.000…