professional firm

Establishments by GCC Citizens

The states of the Gulf Cooperation Council (the UAE, Saudi Arabia, Sultanate of Oman, Qatar, Kuwait and Bahrain) signed the United Economic Agreement in Riyadh on 7th June 1981, with a view to coordinate and unify economic, financial,  monetary, commercial and industrial legislations, and the UAE endorsed this agreement in 1982. It is conditional as per the Federal Law No. 2 of 1989 concerning permitting the GCC citizen to conduct a business operation in UAE that the investor

should be a person residing in the UAE and practicing the required activity by themselves, and possessing a licence to practice the activity in their country of origin.