Speaking to Gulf News on Monday, Director-General of the Dubai Chamber of Commerce and Industry (DCCI), Abdul Rahman G. Al Mutaiwe'e predicted that the United Arab Emirates will not make any drastic changes to its company laws in the near future beyond bringing them into line with WTO rules.
"We are not going to [make] any drastic changes to existing company laws. [We will] modify them as per the requirements of the World Trade Organisation," he announced, explaining to the regional news service that Dubai's liberal tariff rules afford the Emirate a competitive advantage.
He continued:
"We will not need to [make] major changes, as our rules are already liberal compared to most international markets. We are also progressing with the [negotiation of] free trade agreements, which will help us to attract foreign products and foreign direct investment."
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment