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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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DOMESTIC WORKERS’ RIGHTS AND EMPLOYER OBLIGATIONS UNDER UAE LAW: AN OVERVIEW OF FEDERAL DECREE-LAW NO. 9 OF 2022 AND ITS AMENDMENTS

Domestic workers help with the smooth functioning of households by assisting with daily childcare and other responsibilities within a household. They are especially important in households where both parents are working, enabling them to focus on their professions without compromising childcare or the smooth functioning of the home. Domestic workers also contribute indirectly to the […]
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