The United Arab Emirates and the Republic of Turkey signed the Comprehensive Economic Partnership Agreement (CEPA) on March 3, 2023, marking a significant milestone in their bilateral economic relations. The agreement officially entered into force on September 1, 2023, following ratification by both countries in accordance with their internal legal procedures. This CEPA represents...
Introduction and Background The Comprehensive Economic Partnership Agreement between India and the Republic of Korea is a bilateral trade and investment agreement that marks an important phase in the economic relations between the two countries. The agreement was signed on 7 August 2009 in Seoul and came into force on 1 January 2010. Its entry into force followed more than...
Starting and running a business in the UAE is not just about getting a trade licence and opening a bank account. Behind every legally sound and well-run company lies a set of foundational corporate documents that define how the business is born, how it operates, and how decisions are made. For many entrepreneurs and business owners, these documents...
Introduction The United Arab Emirates launched its Comprehensive Economic Partnership Agreement program in September 2021 as part of the Projects of the 50 initiative. This strategic program aims to strengthen the UAE’s position as a global trade and logistics hub while driving economic diversification away from oil dependence. The UAE targets reaching 4 trillion dirhams in non-oil foreign...
🇬🇧 English 🇦🇪 العربية An overview of how UAE law addresses online fraud, common cybercrime methods, and the severe criminal penalties imposed on offenders Cyber fraud has emerged as one of the most pressing legal and financial risks in the United Arab Emirates, affecting individuals, businesses, and financial institutions alike. Despite the UAE’s robust...
Introduction and Background The Comprehensive Economic Partnership Agreement between India and Japan represents a significant milestone in the economic relations between the two major economies of Asia. The agreement was signed on February 16, 2011, in Tokyo and came into force on August 1, 2011. This bilateral agreement was a commitment made by the Prime Ministers of both the countries in October 2010. For India, the Japan...
Introduction Corporate governance in the UAE has been evolving steadily over the last few years. Regulators are no longer focused only on company formation and licensing. There is now a clear shift towards how companies are managed, how decisions are taken, and how accountability is ensured at the board and senior management level. For founders,...
How ADGM Courts extend freezing relief beyond defendants to uncover beneficial ownership, dismantle asset-shielding structures, and preserve the effectiveness of Worldwide Freezing Orders in complex commercial disputes. Worldwide Freezing Orders derive their effectiveness not from their urgency alone, but from their ability to reach assets that a defendant can realistically control. In modern commercial disputes,...
An in-depth explanation of the eligibility requirements for Qualifying Free Zone Persons under the UAE Corporate Tax Law, including qualifying income, substance, de minimis thresholds, transfer pricing, and compliance obligations—with a focus on eligibility conditions, qualifying income, and compliance risks. Introduction This article provides an overview of the UAE’s zero percent corporate tax regime for Qualifying Free...
Abu Dhabi’s mainland real estate laws traditionally restrict property ownership to UAE nationals (and companies wholly owned by them) except in special cases. Abu Dhabi Law No. 19 of 2005 (Real Property Ownership) and its amendments set out who may acquire mainland property. As amended in 2019, Article 3 of Law 19/2005 limits ownership rights to: (a)...
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