Standard business interruption policies have structural limitations that can defeat a claim entirely. This article explains how those limitations work, what the UAE legal framework offers by way of protection, and what policyholders can do to understand their position. The Coverage Gap Business interruption insurance (BII) is designed to help a business survive during an operational shutdown. Standard insurance policies...
The UAE has officially introduced a new Research and Development (R&D) tax credit regime to support innovation and strengthen its position as a global innovation hub. The regime offers a tiered, non-refundable tax credit on certain eligible R&D expenditure, capped at AED 5 million per tax period or fiscal year, with rates linked to employee headcount. It...
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“Smart property moves for NRIs: Stay compliant, stay secure” The Foreign Exchange Management Act (FEMA) governs what Non-Resident Indians, Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs) can purchase. NRIs investing in Indian real estate must carefully structure transactions under FEMA rules to avoid penalties, ensure smooth repatriation of funds, and mitigate risks of blocked...
In the evolving financial ecosystem of the United Arab Emirates (UAE), regulatory agility has become a cornerstone of sustainable market growth. Until 2020, control over the UAE’s insurance market was the responsibility of a separate entity, the Insurance Authority (IA). The IA was established under the Federal Law No. 6 of 2007 with a legal personality, and financial and administrative...
Businesses evolve constantly. Market shifts, regulatory developments, expansion strategies, and financial pressures often require companies to rethink their structure and management. In the UAE, restructuring is a common strategic tool used by businesses—from startups to multinational corporations—to realign their operations, improve financial health, and enhance efficiency. Company restructuring in the UAE typically falls into three main...
How India’s real estate dispute framework allows homebuyers to pursue remedies through RERA Authorities, Consumer Commissions, and insolvency proceedings before the NCLT. The Real Estate (Regulation and Development) Act, 2016 (RERA) was enacted to address chronic issues in India’s real estate sector, including project delays, lack of transparency, and weak consumer protection. A key feature...
A practical field guide to what actually goes wrong—so your restructuring doesn’t turn into a season-long drama. Disclaimer: This article is for general information only and does not constitute legal or tax advice. Dates and amounts mentioned are for illustrative purposes. Rules and practice can vary by emirate and by licensing authority; specific advice depends on your facts and...
Question: “When a bank review is delayed after a company change its name, ownership, management or signatories, real business starts to suffer: payments get stuck, payroll timing becomes risky, cheques/cards stop working, collections bounce because the account name doesn’t match, or the bank temporarily restricts activity. What are the practical steps a business can take—legally and cleanly—to keep day-to-day operations running...
Question: “In UAE corporate housekeeping, we keep hearing ‘your resolution format is not acceptable’—even when the decision itself is straightforward. Why do board/shareholder resolutions that work for one entity (or one authority) get rejected for another, especially across mainland vs free zones vs DIFC/ADGM? What’s the practical way to choose the right type of resolution (board vs shareholder),...
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