Book an appointment with us, or search the directory to find the right lawyer for you directly through the app.Find out more
We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
Shortly after the Abu Dhabi Global Market (ADGM) enacted the Abu Dhabi Global Market Employment Regulations 2019 (which came into force on 1 January 2020) the free zone announced new regulations legislating for secondees, short term workers, interns and freelancers.
The initiative is welcomed by the ADGM community, in particular by retail and event management companies, known for frequent personnel relocation and short term engagement of onshore originated staff.
The ADGM Employment Regulations 2019 (Engaging Non-Employees) Rules 2020 (the “Rules”) came into effect yesterday, 13 May 2020. The main points are as follows:
The Rules shall be applicable to the following categories of staff:
According to the Rules, ADGM Entities will now be able to obtain Temporary Work Permits (“TWP”) for the above mentioned categories for validity periods of three, six or twelve months, renewable for all categories except Secondees, whose TWP shall be valid for a maximum period of twelve months and shall not be renewable (unless the Registrar grants an exemption).
In order to be eligible for the TWP, the individual must hold a valid UAE residency visa which is valid for longer than the requested duration of the TWP. This is a very welcome development as short term engagements were impracticable prior to this.
The ADGM Entities shall be liable to obtain, maintain and cover the cost of the TWP and keep the records which would reflect the Non-Employee’s personal details and the dates on which the engagement commences and is due to expire. Given the current economic climate, ADGM has waived the TWP fees until the end of 2020.
The Rules also provide for penalties (up to USD 25,000) for those ADGM entities, that fail to obtain the TWP prior to commencement of individuals services or renew the expired TWP.
The ADGM will publish the list of required documents for the TWP but it is expected that the process will be quick and user-friendly.
Al Tamimi & Company’s market leading Employment & Incentives practice in the ADGM would be pleased to provide further guidance on the ADGM Temporary Work Permits, review the engagement agreements with Non-Employees, company policies and procedures and assist with the TWP application process.
Partner, Employment & Incentives
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.