UAE

March 1, 2000

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New federal laws were enacted in 1992 granting protection for patents, trademarks and copyrights. However, since UAE became a member of GATT, the established rules are being revised to comply with WT

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  The Omani tax regime has been considered to be both reasonable and pragmatic in its dealing with taxpayers. The tax system has undergone important changes reflecting the government policy of openin

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The UAE has no restrictions or regulations on foreign exchange. Capital, profits, interest, and royalty payments may be repatriated freely. The local currency has been tied traditionally to the US do

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The Sultanate joined the World Intellectual Property Organization in September 1996. The sultanate is also applying for membership in the WTO, which would require a signing a number of agreements, in

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 Foreign Currency ControlOman’s exchange system is free of restrictions on payments and transfer for international transactions, and the Omani trade system may be regarded as virtually fully open. B

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 Companies LawForeign participating Omani enterprises is governed by the Foreign Business and Investment Law of 1974 as well as the Commercial Companies Code of 1974, the Commercial Register Law and

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  On November 6, 1996, by Royal Decree 101/96, the Sultan established the current Constitution of the Sultanate of Oman, known as the “White Book” in the form of a basic law. The Constitution provi

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  The government's emphasis on income diversification has opened the country to foreign participation in the economy, particularly in the form of joint ventures. Oman is actively seeking private fore

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Companies LawUnder Federal Law No. 8, business organizations may take one of seven forms: 1) Public Shareholding Companies; 2) Private Shareholding Companies; 3) Limited Liability Companies; 4) Genera

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The Sultanate of Oman is a monarchy which has been ruled by the Al Bu Sa'id family since the middle of the eighteenth century. It possesses no political parties or directly elected representative ins

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Morocco faces various environmental problems, including several arising from natural hazards. The main difficulties arise from Morocco's dependency on water and the economy's vulnerability to climatic

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The employment contract binding the employer to each of his employees is governed by the Royal Decree dated August 13, 1913, which lays down a code of obligations and contracts. Such contract may be w

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The legal system of the UAE is based on its constitution that was approved by the Federal National Council in 1996. This replaced the provisional documents which had been renewed every five years sinc

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Investment CharterResident or non-resident foreign nationals are entitled to invest freely in Morocco and no investment operation in Morocco requires any prior authorization from the Control Exchange