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Economic Substance Regulations (the “ESR”) are a mandatory filing for most UAE companies. As part of the UAE’s objective to combat harmful tax practices, such as tax evasion and tax avoidance, in compliance with the OECD Inclusive Framework, and in…
Divorce in the UAE Divorce in the UAE is a big unknown to expats. According to Article 99(1) of UAE Federal Law No. 28/2005, divorce is the dissolution of a marriage contract in a legally prescribed…
The New UAE Labor Law entered into force on the 2 February 2022. We have received significant number of queries since the entry into force of the new UAE Labour Law regarding the impact of the new legislation on the…
Introduction to DIAC Arbitration Rules 2022 The new DIAC Arbitration Rules meet the generated expectations following a 15 year gap since the DIAC Arbitration Rules 2007. As arbitration practitioners and arbitration lovers will recall in 2018 the UAE released a…
INTELLECTUAL PROPERTY Protection in UAE – Why is important? The value of Intellectual Property protection in UAE is quite often not appreciated by entrepreneurs. The IP is one of the most valuable assets of any company, it´s the essence of the business;…
Dubai real estate market is in a constant wave of ups and downs. Real estate property can increase a decrease annually, monthly. These fluctuations lead to the real estate rental market waving towards the landlords’ (when prices go up) or…
UAE residents were expectant to see developments in new visa rules in UAE. The UAE has announced new visa rules in UAE and improvements with a humanitarian character. All employees, divorced, widowed, dependents and entrepreneurs get time support in transition…
COVID in Arbitration covers the impact of the pandemic in the industry. Arbitration, commercial and investment, is a powerful global international tool for the solving of disputes. The current COVID-19 health crisis is having a great impact on the day…
Federal Law No 6 of 2018 on Arbitration Section I Definitions and Scope of Application of Federal Law No 6 of 2018 on Arbitration Definitions Article (1) In this Law, unless the context dictates otherwise, words and expressions set forth below…
Major news announced yesterday, 19 May 2021. 100% foreign ownership set to start from 1st June 2021. This is fantastic news, but we cannot confirm to which activities will apply. As those following the corporate changes will recall: In December…