Legal analysis and practical guidance on cross-border business, disputes, corporate, employment and IP matters across India and the UAE — including the Legal Help Desk, our Q&A column on the problems clients actually meet.
Introduction Foundations serve as an efficient mechanism to consolidate family holdings of various assets into a single top-holding entity. Utilizing a Foundation to hold family assets, whether business interests, property, financial investments, or any other assets, allows for the legalization of clear instructions regarding the transfer of assets upon succession. The Abu Dhabi Global Market […]
In a significant regulatory update, the United Arab Emirates (UAE) Ministry of Human Resources and Emiratization (MOHRE) has announced a revolutionary shift in the procedural framework for work permit cancellations. Effective immediately, the cancellation of work permits for employees will necessitate no physical documentation, a substantial enhancement driven by the recently inaugurated Work Bundle platform. […]
Saudi Arabia has long been a hub of economic activity in the Middle East, known for its rich natural resources and strategic location. In recent years, the Kingdom has embarked on an ambitious journey to diversify its economy away from oil dependence, embodied in the Vision 2030 plan. One of the key aspects of this […]
Introduction The Zakat, Tax, and Customs Authority (ZATCA) was established through a Council of Ministers decision to merge the General Authority of Zakat and Tax and the General Customs Authority. This strategic consolidation was aimed at enhancing efficiency and compliance in the collection of zakat, taxes, and customs duties. ZATCA's establishment marks a significant step […]
From 1st July 2024, all licensed economic establishments must adhere to its new requirements when engaging social media influencers for advertising and for advertising on social media platforms and websites. Effective 1st July 2024, the Abu Dhabi Department of Economic Development (ADDED) has mandated that all licensed economic establishments must adhere to its new requirements […]
The Council of Europe’s Convention on Artificial Intelligence lays a foundational framework for AI governance and regulation , emphasizing the protection of human rights, democracy, and the rule of law. AI Regulation and Governance: A Legal Perspective Artificial Intelligence (AI) represents a transformative leap in technological advancement, promising unparalleled benefits across various sectors. However, its […]
Federal Decree Law No. 30 of 2021 on Combating Narcotic Drugs and Psychotropic Substances in the UAE defines narcotic substances. This article attempts to clarify the original penalties for all crimes related to narcotic substances or psychotropic substances, in accordance with Federal Law No. 30 of 2021 AD. The Law on Combating Narcotic Drugs and […]
Following recent improvements in regional relations, Qatar has signed tax treaties with the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). These Double Tax Avoidance Agreements (DTAAs) are a positive step for businesses and individuals operating in all three countries. GCC Economic Cooperation Takes a Leap Forward In a significant development […]
This represents a positive shift towards a more arbitration-friendly approach in UAE courts. On 26 February 2024, the Abu Dhabi Court of First Instance, Commercial Division, ruled in Case No. 1046/2023, presided over by Judge Ahmed Bakri Abdullah Hassan Al-Sayed, affirming the validity of a DIFC-LCIA arbitration agreement. This decision was further upheld by the […]
In a recent development, three prominent real estate developers in Dubai have been fined AED 500,000 each for violating the emirate’s stringent real estate escrow law. This significant enforcement action underscores the importance of compliance with regulations designed to protect investors and maintain the integrity of the real estate market. The authorities have not called […]