The ADGM RA and the Registrar of Companies in the Israeli Corporation Authority signed a Statement of Corporation (SoC) to improve business opportunities between both places and to facilitate their registration functions.
The SoC will promote partnerships between Israeli and UAE businesses. Additionally, the pact will enable professional knowledge sharing and the possibility of give-and-take between the authorities.
This will aid the entities in both Israel and UAE and will be an opening to vast business expansion and investment opportunities. The agreement was signed to improve the mutual corporation, to help in the smooth functioning of the expected vast business expansion in both these jurisdictions shortly.
Related Services:ADGM Practices, International Border Export and Import and Cross Border Services
Source: https://www.adgm.com/media/announcements/adgm-ra-and-ica-sign-statement-of-cooperation
Part of ATB Legal’s Corporate & Commercial practice.