Category: News

Law No. (1) of 2022 to Reorganize Labor Standards Development Authority in Sharjah

His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Law No. (1) of 2022 regarding the reorganization of the Labor Standards Development Authority (LSDA) in Sharjah.As per the law, LSDA will have the legal personality and is tasked with developing work standards and ensuring compliance with labor […]

His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Law No. (1) of 2022 regarding the reorganization of the Labor Standards Development Authority (LSDA) in Sharjah.

As per the law, LSDA will have the legal personality and is tasked with developing work standards and ensuring compliance with labor legislation and standards.

LSDA shall develop policies and strategies necessary to promote the labor market in the emirate. It can suggest legislation, bylaws, and regulations related to labor standards and labor accommodation. LSDA shall also suggest general criteria for training and qualifying labor cadres technically and professionally and implement procedures in coordination with government agencies. In coordination with the Ministry of Human Resources and Emiratization and government agencies, LSDA shall ensure that establishments comply with labor legislation and standards by developing and implementing inspection programs.

The law also stipulates that the Authority shall be managed by a president appointed by an Emiri decree, assisted by a sufficient number of employees.

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Sheikh Maktoum Approves DIFC Courts’ 2022-24 Work Plan

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and President of the Dubai International Financial Centre has approved the Dubai International Financial Centre Courts Strategic Work Plan 2022-2024.

The new plan includes a number of projects and initiatives amounting to approximately 28 projects, including the launch of a new international court specialized in digital economy, new departments specialized in intellectual property and virtual courts with comprehensive and integrated digital capabilities. More importantly, a new centre for Will Deposit will be established in addition to a comprehensive Digital Will Management System and an advanced CRM. The DIFC Courts will also offer multi-lingual consultancy services.

 

The New DIFC Courts Strategic Work Plan 2022-2024

A new international court specialized in digital economy

A new centre for Will Deposit

A Digital Will Management System

New departments specialized in intellectual property, virtual courts with comprehensive and integrated electronic capabilities, and courts for blockchain technologies.

A portfolio of digital assets and new mechanisms for authentication services.

Offering multi-lingual consultancy services

 

 

It is worth noting that in 2021, the DIFC Courts launched a new division, the International Digital Economy Court, which is aimed at simplifying the settlement process of complex civil and commercial disputes related to the digital economy, reviewing national and international claims related to current and emerging technologies, including big data, blockchain, cryptocurrencies, artificial intelligence, and cloud services.

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New Regulations on Entry and Residence of Foreigners

The UAE Cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the executive regulations of the Federal Decree-Law on Entry and Residence of Foreigners, which will come into force ninety days after the date of publication in the Official Gazette

 

Types and Conditions of Entry Visas and Residence Permits.

 

Golden Residence

This long-term 10-year residence is granted to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers and frontline heroes.

The amendments allow the Golden Residence holder to sponsor his/ her family members, including spouse and children regardless of their age, and to sponsor support services (domestic) laborers without limiting their number. Furthermore, there is no restriction related to the maximum duration of stay outside the UAE in order to keep the Golden Residence valid.

There are other benefits for family members that allow them to stay in the UAE in the event of the death of the original holder of the Golden Residence until the end of their permit duration.

 

Golden Residence for Scientists

This residence is granted to scientists and researchers with high achievements and influence in their field based on recommendation from the Emirates Scientists Council.

The candidate should have a PhD or master's degree in the disciplines of engineering, technology, life sciences and natural sciences from the best universities in the world, as well as substantial research achievements.

 

Golden Residence for Professionals

A major expansion is introduced in this category to attract highly skilled workers with educational qualifications and professional experience in all disciplines, including medicine, sciences and engineering, information technology, business and administration, education, law, culture and social sciences.

The applicants should have a valid employment contract in the UAE, and should be classified in the first or second occupational level as per the Ministry of Human Resources and Emiratisation classification, which is aligned with the International Standard of Classification of Occupations ISCO by the International Labour Organisation.

The minimum educational level must be a bachelor’s degree or equivalent, and the monthly salary should not be less than AED 30,000.

 

Golden Residence for Exceptional Talents

This residence is granted to top talents in vital fields. It is awarded based on talent only regardless of the educational qualification, employment status, monthly salary or professional level.

It requires the recommendation or approval of a federal or local government entity, and includes talented individuals in culture, art, sports, digital technology, inventors and innovators and other vital fields.

 

Golden Residence for Real Estate Investors

Real estate investors can obtain Golden Residence when purchasing a property worth no less than AED 2 million.

As per the new amendments, investors are also entitled to obtain the Golden Residence when purchasing a property with a loan from specific local banks. Investors can also obtain Golden Residence when buying one or more off-plan properties of no less than AED 2 million from approved local real estate companies.

 

Golden Residence for Entrepreneurs

The executive regulations set flexible requirements for entrepreneurs eligible to obtain the Golden Residence; an entrepreneur should own or be a partner in a startup registered in the country in the small and medium enterprises (SMEs) category and generates annual revenues of not less than AED 1 million.

In addition, obtaining approval for a startup idea from an official business incubator or from the Ministry of Economy or the competent local authorities is sufficient to obtain the Golden Residence in this category.

Moreover, if the person is a founder (one of the founders) of a previous entrepreneurial project(s) that was sold for a total of not less than AED 7 million, he/she will be entitled to the Golden Residence. The approval of the Ministry of Economy or the competent local authorities is required for projects or ideas.

 

Golden Visa for Outstanding Students and Graduates

This residence targets high performing students in UAE secondary schools, and outstanding graduates from UAE universities and the best 100 universities worldwide, according to specific criteria that includes their academic performance (cumulative average), the year of graduation, and the university classification.

 

New Residence Types

Major improvements include introducing new 5-years residence tracks to attract talents, skilled professionals, freelancers, investors and entrepreneurs. More benefits are offered to facilitate family members residence, and longer flexible grace periods that reach up to 6 months to stay in the country after the residence permit is cancelled or expired, in addition to facilitating and simplifying the requirements of all residence types.

 

Green Residence for Skilled Employees

This new track provides a 5-year residency for skilled employees, without a sponsor or employer. The applicants should have a valid employment contract, and should be classified in the first, second or third occupational level as per the Ministry of Human Resources and Emiratisation. The minimum educational level must be a bachelor’s degree or equivalent, and the salary should not be less than AED 15,000.

 

Green Residence for Freelancing and Self-Employment

In line with the growing importance of flexible work models, this track provides a 5-year residency for freelancers and self-employed individuals without requiring a sponsor or employer in the UAE. It requires obtaining a freelance/ self-employment permit from the Ministry of Human Resources and Emiratisation, the minimum educational level should be bachelor’s degree or specialised diploma, and the annual income from self-employment for the previous two years should not be less than AED 360,000, or that the applicant proves financial solvency throughout his/her stay in the country.

 

Green Residence for Investor or Partner

This residence permit is introduced to encourage investment, providing 5-year residency for investors establishing or participating in commercial activities. It replaces the previous residence that was valid for 2 years only. Requirements include approval of the investment and proof of investment. If the investor (partner) has more than one license, the total invested capital will be calculated. Approval of the competent local authorities is mandatory.

 

New Benefits for Family Members

The new system provides more benefits to family members, allowing residents to easily issue residence permits for their family members, including spouse and children.

The age of children who may be sponsored has been raised to 25 years (previously 18 years), with no age limit for unmarried daughters. Children of determination are granted a residence permit, regardless of their age.

Green Residences holders are allowed to issue residence permits for their first-degree relatives, and in all cases the residency of family members shall be the validity duration as the original residence holder.

 

New System for Entry Visas

The new system offers the UAE visitors a variety of visa types for different visit purposes. New types of visas are introduced without requiring a host or sponsor for the first time. Major improvements include facilitating the entry requirements for all visa types, offering flexible visa durations that meet the needs of the visitors and the purpose of the visit. In addition, all entry visas are available for single or multiple entry and can be renewed for similar period(s) and are valid for 60 days from their issuance date.

 

Job Exploration Entry Visa

This visa is introduced with the aim of attracting young talents and skilled professionals to explore job opportunities available in the country, it does not require a sponsor or a host. It is granted to those classified in the first or second or third skill level as per the Ministry of Human Resources and Emiratisation and the fresh graduates of the best 500 universities in the world and the minimum educational level should be a bachelor's degree or its equivalent.

 

Business Entry Visa

This type enables easy entry without requiring sponsor or host to encourage investors and entrepreneurs to explore business and investment opportunities in the UAE.

 

Tourist Visa

In addition to the regular tourist visa that is sponsored by tourism establishment in the UAE, a five-years multi-entry tourist visa was introduced.

This type does not require a sponsor and it allows the person to stay in the country up to 90 continuous days, and it may be extended for a similar period, provided that the entire period of stay does not exceed 180 days in one year.

This visa requires proof of having a bank balance of US$4,000 or its equivalent in foreign currencies during the last six months prior to submitting the application.

 

Entry Permit to Visit Relatives or Friends

As per the current amendment, a visitor can apply for this entry permit if he/she is a relative or friend of a UAE citizen or resident. It does not require a sponsor or a host.

 

Entry Permit for a Temporary Work Mission

This type is intended for those who have a temporary work assignment like probation testing or project-based mission, and is sponsored by the employer. It requires a temporary work contract or a letter from the employer clarifying the visit purpose and proof of health fitness to work.

 Entry Permit for Study and Training

This type is intended for those attending training and study courses and/or participating in internship programmes. The sponsor can be universities or educational or research institutions licensed in the country or government or private entities. It requires a letter from the entity, clarifying the details of the study or training or internship programme and its duration.

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Sheikh Maktoum Establishes Special Court to Handle Inheritance Cases

 Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Dubai Judicial Council, has launched a special inheritance court within Dubai Courts dedicated to handling inheritance cases. The new court will enable cases and requests related to inheritance to be handled by a single judicial body within a specific time frame.

The inheritance court will be chaired by a Court of Cassation judge and its members will include a Court of Appeals judge and a Court of First Instance judge. Depending on the nature of a case, the special inheritance court will bring together judges with diverse specializations. The preparation time for cases heard by the court should not exceed 30 days from the date of the case being lodged, whereas the litigation process should not exceed 12 months, unless the judge chairing the court deems otherwise.

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UAE Cabinet Approves National Strategy for Digital Economy

UAE Cabinet Approves National Strategy for Digital Economy

On Monday, April 11, 2022, the UAE Cabinet approved the national strategy for digital economy that aims to contribute nearly 20% to the country’s non-oil economy in the next 10 years.

During a meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and held at Qasr Al Watan in Abu Dhabi, the Cabinet approved the formation of a special council for digital economy to be led by Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications.

The strategy includes more than 30 initiatives and programmes targeting six sectors and five new areas of growth. It will define the digital economy in the country, with a unified mechanism for measuring its growth while measuring its indicators periodically. The strategy will define the priorities of digital economy in the country, ensuring the contribution of all other economic sectors to promote and support the digital economy.

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