Monday, May 27, 2024

UAE Considers Extended Business Licenses

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The United Arab Emirates is considering granting long-term golden visas for businesses to attract investments and bolster growth. The proposal includes 10-year golden and five-year silver licenses for trade, aiming to increase government revenue, ensure business continuity, and promote economic growth. The plan was discussed at the government’s Economic Integration Committee, with the goal of making the UAE a more attractive destination for businesses.

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