Abu Dhabi strengthens the cooperation with Russia 27 March 2017

Abu Dhabi strengthens the cooperation with Russia

According to the information provided by the WAM Agency of the United Arab Emirates UAE Prime Minister Mohammed al-Maktoum has approved a Government resolution on granting Russian citizens entry visas at frontier points. From now on, the visa will be issued for a period of 30 days with an option to renew it once for a similar period.

What are the opportunities for the Russian business? First of all, the legal paperwork for entry in UAE is greatly simplified. Previously visa was issued electronically and its obtaining was very time-consuming, now it is possible to apply for a visa directly upon arrival in the UAE. In addition to that, visas previously issued were not subject to renewal, which also limited citizens.

The UAE is the largest economic center in the Middle East which offers great opportunities for business and wealth management: offshore companies, an opportunity to obtain the status of a tax resident of the United Arab Emirates, a simplified tax system, favorable conditions of disclosure, convenient banking system etc.

CONFIDERI offers you a wide range of services in UAE jurisdiction, more detailed information concerning all of them you can find in the relevant sections on our website.