Trading, logistics, and the supply chain are the backbone of global economic advancement. The UAE has positioned itself as a leading global trade hub, boasting a robust infrastructure that fosters international trade. Global trade and supply chains are swiftly recovering from the impact of the COVID-19 pandemic, with businesses returning to their usual operations. The […]
The UAE economy is projected to experience a healthy growth of 2.5% in 2021, as major industry sectors ramp up production to full capacity. Additionally, the tourism and real estate markets are on a positive trajectory. This upward trend is expected to attract increased foreign direct investment, thanks to the region’s business-friendly policies and thriving […]
Registration and issuance of a passport to a citizen of the Russian Federation certifying the identity of a citizen of the Russian Federation outside the territory of the Russian Federation. In accordance with the Federal Law No. 114-FZ of August 15, 1996 «On the order of exit from the Russian Federation and entry into the […]
Real estate laws in the UAE encompass a dual legal system consisting of federal laws and emirate-specific legislation. The UAE Civil Transactions Code (CTC) serves as the primary source of law for real estate transactions, covering aspects such as buying, selling, and ownership rights. Each emirate has the authority to enact its legislation to supplement […]
I am a partner in a limited liability company (LLC) and I own 20% of the capital. Currently, the company is exposed to losses, and the company’s manager does not recognise these losses, and asks the partners to increase the capital to save the company, but all the partners refuse to increase the capital. My […]
Question: A questioner from Dubai asks: 3 years ago, I bought an off-plan apartment from one of the developers, and now when I received the apartment, it became clear to me that the room sizes are small and not in conformity with the purchase agreement. Therefore, I refused to receive the apartment and asked the […]
Starting from 1 June 2023, the Federal Tax Authority (FTA) in the UAE will commence the implementation of Cabinet Decision No. (7) of 2023. This decision introduces amendments to certain provisions of Cabinet Decision No. (65) of 2020, which pertains to fees for services provided by the FTA. One notable addition to this new decision […]
The Federal Authority for Identity and Nationality, Customs and Ports Security has issued a notification urging truck owners registered in the country and owners of goods-transporting vehicles to complete their registration in the national system for tracking shipments and trucks. It is important to keep in mind that the authorized registration period concludes on 30, […]
The UAE is a land brimming with opportunities, boasting a business ecosystem that facilitates easy establishment of new ventures. Moreover, entrepreneurs can leverage novel business ideas to kickstart their companies in Dubai. As businesses continually adapt to the ever-changing world, they unveil lucrative innovations in the market. Sectors such as Tourism, Hospitality, and Event Management […]
The UAE has emerged as a hotbed for investors, particularly those from Europe. There are several compelling reasons why the UAE stands out as the preferred choice for investment. The UAE’s Free Zones provide streamlined company formation packages, coupled with a diverse array of incentives that entice investors. The allure of 100% foreign ownership in […]