The law also provided for other mechanisms to regulate family governance and the family’s relationship in relation to the company through the creation of various bodies such as the family assembly, the family council, and the family office, each of which is responsible for specific tasks.Law does not set maximum limit on number of partners […]
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 […]
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, […]
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? […]
The Dubai Land Department (DLD) has revealed more details about a new rule that requires residents to register all cohabitants in residential units. All co-occupants staying in a unit for a month or more need to be registered, the authority said.These include the tenant’s family members and domestic help. For those staying in shared accommodations, […]
Authorities prompted people to stay indoors due to dust earlier this week UAE residents who expose themselves and others to dangers posed by poor weather conditions could be jailed for this irresponsible behaviour. The UAE witnessed dusty weather for two consecutive days earlier this week, reducing visibility and prompting authorities in the country to issue […]
Question: I am a Dubai resident. Under what circumstances can a travel ban be imposed on me over outstanding loans and credit card dues? How do I find if I have a travel ban?Response: Pursuant to you queries, it is assumed that you have outstanding personal loans and you are currently in the UAE. Therefore, […]