Company Formation
The United Arab Emirates (UAE) stands tall as one of the world’s fastest-growing economies, beckoning entrepreneurs and businesses with the promise of a thriving business haven. Nestled in this oasis of growth is the perfect opportunity to set sail with offshore companies. The UAE’s government has cultivated a business-friendly environment that entices foreign investors and […]
Amy Denny · 4 Apr 2024 · 12 minRead →
Compliance in the UAE
Federal Decree-Law No. (32) of 2023 on Finance Lease comes into effect on 29 March 2024 Bilateral and tripartite leasing includes sale-leaseback arrangements Registration of a finance lease agreement is no more mandatory; but needed to ensure enforceability with third parties In a tripartite lease arrangement, the risk of loss concerning the leased asset is […]
Amy Denny · 17 Dec 2023 · 6 minRead →
Labour Law
Participation in the alternative end-of-service benefits Scheme is optional for employers. They can adhere to labour law provisions that align with their business needs. SCA will issue licenses to investment service providers or fund managers. Regulatory authorities across the UAE will oversee the implementation.
Amy Denny · 16 Nov 2023 · 8 minRead →
Corporate and Commercial
Setting a precedent in UAE corporate law, for the first time a UAE court grants compensation for non-financial losses in a business dispute, safeguarding a company's reputation and honour. This sets a UAE precedent. Energy drink brand Power Horse wins USD1 million as moral damages.
Amy Denny · 31 Oct 2023 · 3 minRead →
Company Formation
The United Arab Emirates (UAE) has successfully diversified its economy over the past four decades, creating a host of international business opportunities across multiple sectors. With a highly flexible government that continuously introduces incentives for businesses at every stage, the UAE has emerged as a favorable destination for startups, established enterprises, and aspiring entrepreneurs. In […]
Amy Denny · 16 Aug 2023 · 6 minRead →
Company Formation
Are you an ambitious entrepreneur seeking a land of opportunities to starting your business in the United Arab Emirates (UAE)? Renowned for its thriving economy and investor-friendly policies, the UAE offers a myriad of benefits that make it an ideal destination for aspiring business owners. Let’s delve into the enticing advantages of setting up your […]
Amy Denny · 13 Jul 2023 · 7 minRead →