Bharat Mart, India’s proposed warehousing facility in the Jebel Ali Free Zone, is expected to be functional by 2025. It allows Indian exporters to showcase their products under one roof. Now they can serve UAE markets, GCC countries, and global markets. In the ever-evolving landscape of global retail, the introduction of Bharat Mart in the United...
Judicial fees in Ras Al Khaima courts are substantially reduced for various legal proceedings, including civil and commercial lawsuits, rental disputes, and executive cases. Fee reductions for appeals made before the Courts of Appeal and Cassation. Jointly intervening litigants can engage in the legal process without incurring additional charges for their motions. On November 16,...
Al Reem Island Becomes Part of ADGM (Abu Dhabi Global Market). Expands ADGM’s jurisdiction to Al Reem island in addition to Al Maryah island. With 1438 hectares, ADGM becomes one of the largest concentrated Financial Districts in the world.
The processes for UAE's ICV certification for the Small and Medium Enterprises (SMEs) to obtain the National In-Country Value (ICV) Certificate for a nominal fee as low as AED 500.
With the recent amendments, the UAE cements its position as a preferred hub for arbitration. These changes relate to more stringent measures to ensure the impartiality of an arbitrator, videoconferencing for hearings and engaging of legal experts for representation, among other things.
In the Abu Dhabi Global Market (ADGM), employment regulations are dealt with by the provisions of ADGM Employment Regulations 2019 (the “Regulations”), ADGM Employment Regulations (Engaging Non-Employees) Rules 2023 (the “Rules of 2023”), and ADGM Employment Regulations 2019 (Compensation Awards and Limits) Rules 2019 (the “Rules of 2019”). The usual practice is to develop an...
Hiring in the ADGM (Abu Dhabi Global Market) permits the following types of employees: interns, non-employees, outsourced individuals, secondees, and temporary freelancers. Here is a quick overview of the aspects to keep in mind while recruiting in ADGM: Read on to find the explanation of the above aspects: Key regulations that guide recruitment in...
The United Arab Emirates (UAE), a land of boundless opportunities, stands as an irresistible hub for entrepreneurs and investors seeking unparalleled growth and prosperity. Yet, when faced with the decision of choosing between Mainland and Freezone for your business setup, it’s easy to find yourself at a perplexing crossroads, unsure of which path to tread....
Introduction and Legal Framework The Abu Dhabi Global Market (“ADGM”) is an international financial center located in Abu Dhabi, United Arab Emirates (“UAE”). ADGM has its own legal framework, based on the English common law. According to the Federal Law No. 8 of 2004, the financial-free zones and the activities that are conducted within the...
