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    Peter Schlüter
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Localization

In recent times, GCC has been witness to a wave of localization programs in pursuit of achieving a self-sufficient economy mainly due to ever depleting oil resources and massive fluctuations in oil prices. GCC countries have introduced several programs, amended laws, and devised different strategies in pursuit of achieving self-sufficiency. These programs range from workforce nationalization, in-country value added programs, training and capacity building programs for the local population, and creation of local supply chains and enterprises.

At SCHLÜTER GRAF we offer solutions to businesses which are struggling to keep pace with ever-evolving localization laws by regularly advising our clients on complying with the localization programs (e.g. ADNOC's ICV, Saudi Aramco's IKTVA's, Tawazun Economic Program, Electrical Tarif Incentive Program (ETIP) etc.). We assist clients in identifying their exposure to localization programs and measures they can take to increase their respective localization score. We ensure that our clients’ business growth is not affected while they stay compliant with the localization laws of the respective country.

Key Contacts

Andrés Ring
Andrés Ring

Dortmund

Heinrich Köllisch
Heinrich Köllisch

Dortmund

Abdulmonem Alzahrani
Abdulmonem Alzahrani

Dortmund

Publications

UAE: Abu Dhabi Value (ADV) – The Abu Dhabi Department of Economic Development’s New Localisation Rules

Contract and Toll Manufacturing under ICV and IKTVA –The Easy Way Out?

GCC: Workforce Nationalisation and Localisation Programs - Key Considerations

GCC: Managing Localisation Programs - Is it time for a Chief Localisation Officer (CLO)?

UAE : Service Providers and ICV

UAE: Changing the Game Changer - Update on ADNOC's ICV

UAE: ICV and its Impact on Doing Business with ADNOC

KSA: IKTVA and its Impact on Doing Business with Saudi Aramco

News

  • 31. March 2023
    European Union (EU) removes Pakistan from its list of High Risk Third Countries
  • 27. March 2023
    UAE MANAGING PARTNER REPORT – Where the future is still bright
  • 22. March 2023
    Ramadan Kareem
  • 21. March 2023
    Live Webinar: The GCC Medical Technology Guide
  • 20. March 2023
    Live Event: AML Health Check For Your Business

Publications

  • Country Report Pakistan
  • COUNTRY REPORT SAUDI ARABIA: Analysis of Business Laws & Legal Reforms in KSA
  • UAE: New Commercial Agency Law
  • In Focus UAE Corporate Income Tax Law
  • KSA: Public Consultation on Draft Law on Petrol and Petrochemical Materials

Nearest Location

SCHLÜTER GRAF LEGAL CONSULTANTS

ONE by Omniyat (Business Bay)
Office P501 (Level Podium)
P.O. Box 29337, Dubai, UAE
Tel.: +971 4 431 3060
Fax: +971 4 431 3050
Mail: info@schlueter-graf.com


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