Fine for an ex-employee who works for a competitor

Fine for an ex-employee who works for a competitor

Employer’s legal right to file lawsuit to claim fine mentioned in the contract Question: A questioner asks: I own a company. My question: what are the penalties that the employer is legally entitled to impose on the worker, and is it required that the workers be acquainted with them or publish them in the workplace? […]

Ask the law: Non-Muslim wife seeks divorce from rich husband

Ask the law: Non-Muslim wife seeks divorce from rich husband

Is wife legally entitled to obtain half of husband’s real estate? Question: I am a non-Muslim woman married to a non-Muslim man. According to the new law, what are the reasons according to which I am legally entitled to file a divorce suit, noting that my husband does not support me, I do not work […]

ADGM Special Purpose Vehicles – All Things to Know

ADGM has recently published comprehensive guidelines for establishing Special Purpose Vehicles (SPVs) within the ADGM Free Zone. To establish an SPV, investors must demonstrate a connection with the UAE and provide supporting documentary evidence. These guidelines ensure a streamlined process while maintaining the integrity of the regulatory framework. Key Highlights of ADGM Special Purpose Vehicles […]

Consider these five legal precautions before investing in UAE businesses

Consider these five legal precautions before investing in UAE businesses

There are a number of precautions that ought to be taken into consideration prior to investing in a UAE business Despite the recent implementation of regulatory instruments that “on their face” permit direct foreign ownership of “onshore” UAE companies, the issuance of licenses, and more importantly, the ownership restrictions, remain at the discretion of the […]

DIFC Courts launch specialised rules for world’s first Digital Economy Court

DIFC Courts launch specialised rules for world’s first Digital Economy Court

Modern digital economy, such as cryptocurrencies and blockchain, is very different and has led to specialised recruitment and new set of rules A well-developed legal framework is key to boosting economic development by Justice Omar Al Mheiri The UAE’s commitment to providing a highly competitive business environment is essential to its long-term vision of economic […]

UAE law: Up to 5 years in jail for impersonating public servant

UAE law: Up to 5 years in jail for impersonating public servant

The State Public Prosecution confirmed that individuals who impersonate government employees or public servants may face a maximum prison sentence of five years. The Public Prosecution posted a video on its social media platforms to clarify the consequences of impersonating or pretending to hold a job and providing a false job description. The Public Prosecution […]

What is a Holding Company in UAE?

A Holding Company is a strategic business structure designed to possess the controlling stock of other companies. Its primary function is not to produce goods or provide services, but rather to oversee a group of related companies and manage their legal liabilities. By establishing a holding company in a tax haven such as the UAE, […]