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 →
Compliance in the UAE
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.
Reshma Rose Jacob · 16 Nov 2023 · 9 minRead →
Compliance in the UAE
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.
Aparna T Nambissan · 31 Oct 2023 · 5 minRead →
Compliance in the UAE
Introduction Personal Data means any data relating to an identified natural person or a natural person who can be identified, through the linking of data by reference to an identifiable information/data. The identifiers could be his or her name, voice, picture, physical or physiological information, cultural or social characteristics, electronic identifier, geographical location, and also […]
ATB Legal · 1 Sep 2022 · 6 minRead →
Compliance in the UAE
‘Notary Public’ services are expected to go digital as a result of the recent amendments to Law No. (4) of 2013 which deals with the Notary Public Activities in the Emirate of Dubai. His Highness Sheikh Muhammed bin Rashid Al Maktoum in his capacity as ruler of Dubai, issued Law No. (26) of 2021, amending […]
ATB Legal · 30 Nov 2021 · 3 minRead →
Compliance in the UAE
Insurance Product Value To improve work relationship stability, MoHRE, Ministry of Human Resources and Emiratisation, compelled private sector establishments to pay the wages on time under the Wages Protection System. This came up because of the COVID-19 challenges that affected the global labor markets. As a penalty for the wage issue, authorities have raised the […]
ATB Legal · 28 Apr 2021 · 1 minRead →
Compliance in the UAE
The UAE Ministry of Economy extended the registration date in government regulations for countering money laundering and terrorism financing until the end of April for non-financial businesses and professions. The targeted companies including real estate agents and brokers, precious metals and gemstones dealers, auditors, corporate service providers and legal consulting companies (legal consulting companies not […]
ATB Legal · 18 Apr 2021 · 2 minRead →
Compliance in the UAE
UAE ICA issued a six-month validity visa to help complete the Golden Visa procedures for long-duration residency. This visa can be stretched for an additional six months. The thing to be noted here is that the multiple-entry visa can be used only for the completion of Golden Visa procedures. Golden Visa is a 10-year validity […]
ATB Legal · 14 Apr 2021 · 2 minRead →
Compliance in the UAE
A penalty of Dh500 is fixed for leaving parked vehicles with the engine on, reported an Emirates News Agency. The police have educated the public about the consequences of leaving their engines on, such as an increased chance of theft. The engine is left on mostly because they leave their infants in these vehicles. This […]
ATB Legal · 7 Apr 2021 · 1 minRead →
Compliance in the UAE
The Department of Municipalities and Transport (DMT) and Bayanat (a G42 company) agreed to join hands in the test of private vehicles for transporting passengers in Abu Dhabi. This new mobility solution would add to the service quality provided to the residents and visitors and will help local development and infrastructure. Related Services: UAE Compliance […]
ATB Legal · 31 Mar 2021 · 2 minRead →