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DIFC’s New Prescribed Company Framework: Broader Access with Stronger Regulatory Oversight

A Prescribed Company is a type of Small Private Company under the Dubai International Financial Centre Companies Law. The companies include DFSA-regulated firms and funds, family offices, FinTech entities, foundations, government entities, holding companies, private trust companies, proprietary investment companies etc. The DIFC announced a proposal on 30th April 2026 to make major changes to […]
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UAE WAGE PROTECTION SYSTEM 2026: KEY EMPLOYER OBLIGATIONS UNDER MINISTERIAL RESOLUTION NO. 340 OF 2026

A new Wage Protection System has been introduced through Ministerial Resolution No. 340 of 2026. This updated framework helps to strengthen wage compliance and monitoring. It supplements the Federal Decree-Law No. 33 of 2021 Regulating Labour Relations. The objective of this Resolution is enhancing worker protection against delayed payment of wages, increasing payroll transparency, and […]
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