Dubai, UAE – Hensley&Cook has become an approved Sponsor of SECDEX Exchange Limited, a Seychelles-based Securities, Commodities and Derivatives Exchange. SECDEX is regulated by Financial Services Authority (FSA) Seychelles, the multi-asset hybrid exchange combines the benefits of a digital exchange with those of a traditional exchange. Its focus is on securities, debt, spot commodities and […]World’s First Digital Species Now on Sale in Seychelles
The Seychelles Magpie Robin is now being offered for sale through Digital platform #NatureCollectible, a Non-Fungible Token (NFT) for conservation. Nature Seychelles with full support from its international counterpart, the International Union for Conservation of Nature and the Porini Foundation launched the latest breakthrough in digital tokens for conversation without the actual requirement for energy consumption. […]New Covid rules for individuals visiting UAE government departments and ministries
The UAE’s Federal Authority for Government Human Resources (FAHR) announced a new rule, effective from August 1 all individuals who are not vaccinated against Covid-19 must present a negative PCR test result when visiting federal government departments and ministries. This new directive applies to customers, visitors, employees of outsourcing or services companies, or any person […]UAE to Unlock and Boost its Digital Economy, Offering 100,000 Golden Visas to Coders
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai announced the granting of 100,000 golden visas to promising tech-talent to both residents and non-residents of the UAE. This initiative will further bolster the UAE’s National Programme for Coders, which aims to forge ahead UAE’s […]Certificates of Good Standing No Longer Required for these Companies
UAE, RAK International Corporate Center (RAK ICC) issued a statement that it will no longer require a Certificate of Good Standing (COGS). Instead, a screenshot that proves a Corporate Shareholder is Active/Effective under the UAE National Economic Register (NER) will be enough requirement replacing COGS. This applies to the following services request: Add/Remove Nominee Board […]Ease of Business: Dubai Simplifies Procedures and Requirements for Private Enterprises
Doing business in Dubai for private businesses couldn’t be more simple in line with this new development. The government streamlines the procedures and will be shortened by 30% in the next three months in an effort to reduce the cost of setting up a business and encourage investments from the private sector. Shaikh Hamdan Bin […]Breaking News: UAE Allows 100% Foreign Ownership of Companies Starting June 1
The UAE government announced an amendment to the Commercial Companies Law fronting the country’s competitive edge in ease of doing business. The Minister of Economy eyeing that this new development will foster an attractive opportunity for foreign investors, entrepreneurs, and talents. Starting June 1, foreign investors and businessmen will be allowed to establish and fully […]UAE Announced Safe Travel Corridor With These Countries
As the country seek to rebuild and open its tourism industry, countries included in the safe travels list of UAE are Seychelles, Bahrain, and Serbia. Whilst the Greece route will start tomorrow, May 18. These have been set up for fully vaccinated individuals in addition to mutual recognition of vaccination certificates issued by health authorities […]Seychelles President, Honorable Wavel Ramkalawan Announced the Next Financial Services Authority (FSA) CEO.
In a recent press conference, Seychelles President has declared the new FSA CEO. Mr. Damien Thesee, presently Principal Secretary for Finance Department. Pres. Ramkalawan is inclined to select the new FSA head as the seat is vacant for quite some time now, following the passing of Dr. Steve Fanny, a pioneer, and expert in the […]The UAE suspends all passenger flights from India as part of efforts to combat COVID-19.
The restrictions, which came into effect from 11:59 pm on Saturday, April 24 will be reviewed after 10 days.The decision has been announced by the National Emergency Crisis and Disaster Management Authority (NCEMA) in coordination with the General Civil Aviation Authority (GCAA). For more details and assistance, you may reach our consultants at +971 4 […]