UAE Bankruptcy Court according to the Federal Decree-Law No. 51/2023 comes into effect on May 1 Eliminates the need for distinct enforcement proceedings initiated by creditors Preventive Settlement mechanism replaces the Bankruptcy Preventive Composition In a significant stride towards enhancing the legal framework for financial restructuring and insolvency in the United Arab Emirates (UAE), the...
UAE’s recent enactment of a federal decree-law signifies a pivotal step towards regulating and nurturing a vibrant media landscape. The comprehensive legislation extends ownership opportunities to both individuals and legal entities The UAE Media Council will oversee various aspects including the classification of creative productions and issuance of permits The decree outlines a 12-month adjustment...
The Abu Dhabi Chamber of Commerce and Industry has unveiled the Abu Dhabi International Arbitration Centre (arbitrateAD), a new international arbitration centre situated in Abu Dhabi. Starting February 1, 2024, the new governance framework and arbitration regulations will supersede those of the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC). This significant development marks a...
Free Zones in the UAE (United Arab Emirates) has been a key factor showcasing the country as a global business hub, attracting investors and entrepreneurs from around the world. One of the key factors contributing to this success is the establishment of Free Zones, which serve as specialized economic zones offering a range of benefits...
The UAE Labour Law amendment has brought in a transformative development. We explore the implications for employers and employees in the UAE, with the introduction of Federal Decree-Law No. 20/2023 on 13/09/2023.
Making the Right Move: Your Business, Your Future Armed with a wealth of knowledge about Freezone and Mainland, it is now time to choose the path that aligns with your unique business goals. Consider the size, nature, and location requirements of your venture, and seek guidance from industry experts to ensure a seamless company formation...
A ready reference about family courts, marriage, divorce, inheritance, and the rights of women and children in the UAE. The UAE is a country with a unique legal system that combines both civil and Islamic laws. The UAE has a well-developed and comprehensive legal framework governing family matters. The family law of the UAE covers...
The UAE is home for several free zones and each free zone is regulated by its own laws. This article talks about employment laws pertinent to the DIFC. For employment laws relevant to the Abu Dhabi Global Market, see ADGM Employment Regulations: A Quick Overview. The Dubai International Financial Centre (DIFC) is a financial free...
