Gulf News (United Arab Emirates), 27 March 2024: The UAE’s Economic Integration Committee has discussed a proposal to introduce long-term business licences.

Golden business licences could be valid for 10 years.

The Committee also discussed a proposal to introduce silver business licences.

These would be valid for five years.

The licences would be introduced to support revenue growth, encourage business continuity and help business activities grow economically and prosper in alignment with the We are the UAE 2031 vision.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.