On January 31st, 2022, the President of the United Arab Emirates (the “UAE”), H.H. Sheikh Khalifa bin Zayed Al Nahyan, ratified the Common Customs Law for the Gulf Cooperation Council and Rules of Implementation by enacting the Federal Decree No. 15 of 2022 (the “New Law”), which led to the abolishment of the Federal Decree […]
Setting up a company in the UAE Free Zones is a top choice for foreign investors, and for good reason: – Complete foreign ownership – Tax-free benefits – Streamlined business setup – No customs duty on imports & exports – World-class infrastructure – Easy access to global markets And the list goes on… Our team […]
HOW DO I KNOW IF I AM ENGAGED OR ENGAGING WITH A SANCTIONED CLIENT? Financial sanctions can apply to anyone and any business. First and foremost, businesses should consult the relevant UAE sanctions lists as outlined above. Having confirmed the client is not on any of these lists, you should then check the international sanctions […]
As political tensions swell in what is an increasingly unstable global environment, the risks to businesses in the UAE have risen significantly. It is important that firms are aware of the risks posed by this international instability and remain compliant with rapidly evolving regulatory regimes to avoid serious financial and legal implications to their operations, […]
In Cooperation with Dubai Police, The Government of Dubai LegalAffairs Department Holds Training Workshop on the Working Mechanism for Dealing with Bounced Cheques in Government Claims 04 September 2022The Government of Dubai Legal Affairs Department, in liaison with the General Department of Human Rights, held a training workshop for a number of cadets of Dubai […]
The United Arab Emirates will install payment terminals for Russian “Mir” cards. Currently, two Russian banks are studying such a possibility. It is noted that a similar project is planned to be realized in Turkey.“We see the demand in the countries where the flow of our tourists has remained and increased. We consider the possibility […]
Negative marks are imposed against an individual for violations including speeding and causing accidents; maximum someone can accrue is 24 Question: I have some black points on my UAE driving licence. Can you explain what happens if I reach the limit of 24 points? Is there any way I can get the points reduced?Response: Pursuant […]
UAE to now enforce rulings by UK courtsThe decision by the Ministry of Justice will cover financial cases and asset division disputes between couples or family members;Following a decision by the UAE’s Ministry of Justice, judgements issued by English courts will now be enforced in the country.A resolution issued on September 13 by the International […]
Question: I am looking for an apartment to rent in Dubai. All of the agents I have met are demanding four-cheque payments for the annual rent, but I won’t be able to afford three months of rent at a stretch. Is there a law that stipulates that annual rent must be paid in four instalments? […]
Readers want to know if there are any legal complications to start own venture while working for a company? Question: I work with a firm in mainland Dubai. I am looking to start a business in the UAE. Are there any laws I need to be aware of? Are there any legal complications as far […]