1、DOING BUSINESS INTHE UNITED ARAB EMIRATES Doing Business in the United Arab Emirates 2024 Baker&McKenzie International is a global law firm with member law firms around the world.In accordance with the common terminology used in professional service organizations,reference to a“partner”means a perso

2、n who is a partner or equivalent in such a law firm.Similarly,reference to an“office”means an office of any such law firm.This may qualify as“Attorney Advertising”requiring notice in some jurisdictions.Prior results do not guarantee a similar outcome.2024 Baker&McKenzie LLP Doing Business in the Uni

3、ted Arab Emirates Baker McKenzie i i Table of Contents Introduction.1 History,Geography and Economy.3 Legal Landscape.7 1.Legal System.9 2.Judicial System.9 3.Restrictions on Foreign Investment.10 4.Choice of Law and Dispute Resolution.11 5.Taxation and VAT.14 6.Customs Duties.17 7.Import/Export Con

4、trols.17 8.Anti-Bribery and Corruption.18 9.Competition Law.18 10.Data Protection and Privacy.21 11.Intellectual Property.23 12.Government Procurement.26 13.Money Laundering.27 14.Bankruptcy.28 15.Exchanges.30 Foreign Investment Models.31 1.Onshore Corporate Structures.33 2.Free Zone Corporate Struc

5、tures.36 3.Commercial Agency and Distribution.39 Real Estate.41 1.Freehold Ownership by Foreigners.43 2.Leasehold Rights.43 Employment.47 1.Emiratization.49 2.Pre-Hire Background/Reference Checks Permitted or Required.49 3.Employment Contract.50 4.Term and Termination/Gratuity.50 5.Working Days/Work

6、ing Hours.52 6.Compensation/Benefits.53 7.Leave.54 Key Contacts.57 Annex(1)Common Onshore Legal Vehicles.62 Annex(2)Types of Legal Vehicles in the JAFZA.67 Annex(3)Common Legal Vehicles in the DIFC.71 Doing Business in the United Arab Emirates Baker McKenzie 1 1 Introduction We are pleased to presen