Compliance in the UAE: Companies must comply with Audit, Economic Substance Regulations, Ultimate Beneficiary Owner (UBO), VAT, AML, Country by Country Reporting (CbCR), and Wage Protection System (WPS), among other things.
On 17 October 2025, the Abu Dhabi Global Market (ADGM) Courts established a Real Property Division within the Court of First Instance. The move, supported by updates to the Divisions and Jurisdiction Rules and new practice directions and court forms, streamlines how property disputes are handled in ADGM in light of the ADGM’s expansion to...
The Abu Dhabi Global Market (ADGM) Courts recently launched a dedicated Real Property Division, introducing a streamlined mechanism for handling Short-Term Residential Lease Claims (STRLC). This move could reshape how landlords, tenants, and property managers resolve rental disputes on Al Reem and Al Maryah Islands. Why This Matters The new ADGM Real Estate Division offers...
The digital economy has transformed how personal information flows across borders, making data protection legislation a critical component of modern governance. As businesses expand their operations across jurisdictions, understanding the nuances of data protection frameworks becomes essential for compliance and maintaining consumer trust. India and the United Arab Emirates, two significant economic powerhouses with growing...
As digital platforms increasingly blur the line between financial advice and social media influence, the UAE has taken a proactive regulatory step through Chairman Resolution No. 10 of 2025. Issued by the Securities and Commodities Authority (SCA), the Resolution establishes a licensing regime for Finfluencers, natural persons offering financial recommendations via public channels. This article...
The expansion of the Abu Dhabi Global Market (ADGM) to Al Reem Island marks a pivotal shift in the UAE’s regulatory landscape. Under the UAE Cabinet Resolution No. 41 of 2023, ADGM’s jurisdiction has extended beyond Al Maryah Island, bringing Al Reem Island under its common law system. This transformation, effective since April 2023, replaces...
Bankruptcy and insolvency are challenging realities that carry profound implications for businesses, affecting everything from operations and leadership to market perception and legal standing. This article examines the far-reaching consequences of bankruptcy, offering insights into its impact on organizations and their leadership. This article complements our foundational article on UAE bankruptcy law. Loss of Control...
With the introduction of the New Bankruptcy Law in the UAE, businesses facing financial challenges now have a broader set of tools to avoid insolvency and liquidation. Emphasizing early intervention, the law provides mechanisms that empower companies to restructure their financial obligations and stabilize operations. This article complements our foundational article on UAE bankruptcy law...
The UAE’s New Bankruptcy Law, effective from May 1, 2024, sets out a structured approach for entities facing insolvency, providing a pathway for liquidation as a final option. This article complements our foundational article on UAE bankruptcy law by offering a clear, step-by-step guide for stakeholders to understand and navigate the liquidation process under the new...
On May 1, 2024, Federal Law Decree No. 51 of 2023 on Financial Restructuring and Bankruptcy (the “New Bankruptcy Law”) took effect, replacing Federal Decree-Law No. 9 of 2016 (the “Old Bankruptcy Law”). Although much of the structure from the previous law remains intact, the new legislation introduces significant updates, especially regarding how insolvency laws in the...
The UAE had earlier heavily penalized 1,202 companies for fake Emiratization practices, imposing fines up to AED 100,000 per violation and revoking benefits from the Nafis program. Understand the Emiratization policies and the UAE’s commitment to deterring fraudulent practices. The Ministry of Human Resources and Emiratisation (MoHRE) has issued a renewed call to private...
