Company Formation
When setting up a business in the UAE, one of the first and most important steps is registering your company. However, before you can proceed with the registration, you must reserve a trade name for your business. This step is crucial as it establishes your company’s official identity and sets the foundation for all subsequent […]
Madhav Vinod Krishna · 4 Oct 2024 · 4 minRead →
Company Formation
Navigating the legal landscape in Saudi Arabia requires a thorough understanding of the regulatory framework governing foreign business operations. Compliance is not merely a procedural requirement; it is essential to mitigate risks and ensure the smooth establishment and operation of a business within the Kingdom. This article outlines the key legal considerations for foreign businesses, […]
Madhav Vinod Krishna · 3 Oct 2024 · 15 minRead →
News
Dubai’s legal system has seen a critical update with the introduction of Decree No. (29) of 2024, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai. This decree establishes a specialized a New Judicial Committee aimed at resolving jurisdictional disputes between the Dubai International Financial Centre (DIFC) Courts and other […]
ATB Research Team · 1 Oct 2024 · 4 minRead →
News
Businesses incorporated in the UAE after June 1, 2023, with a six-month initial financial year ending before February 29, 2024, now have until December 31, 2024, to file their first Corporate Tax returns. Summary The Federal Tax Authority (FTA) has extended the deadline for filing the first Corporate Tax returns for entities incorporated on or […]
ATB Legal · 30 Sep 2024 · 1 minRead →
Legal Help Desk
Question: “We’re about to sign a partnership agreement with another company. How do we ensure that roles, responsibilities, and profit-sharing are fair and clearly defined to avoid disputes later?” Answer: Ah, partnerships are the cornerstone of great business ventures. However, when poorly managed, they can cause sleepless nights. A partnership agreement is like the blueprint […]
Legal Help Desk · 28 Sep 2024 · 3 minRead →
Company Formation
Incorporating a business in Saudi Arabia can be a rewarding endeavour due to the Kingdom’s growing economy and strategic location. However, like any foreign investment market, it presents its own set of challenges. Understanding these hurdles and knowing how to overcome them is essential for foreign investors seeking success in the region. Below are some […]
Madhav Vinod Krishna · 27 Sep 2024 · 5 minRead →
Legal Help Desk
Question: “We’ve been using standard templates for our contracts—just tweaking them a little for each deal. But I keep hearing horror stories about businesses getting blindsided by hidden liabilities buried in these ‘boilerplate’ clauses. Are we taking a huge risk by relying on these templates? Should we be doing more to protect ourselves?” Answer: You […]
Legal Help Desk · 21 Sep 2024 · 3 minRead →
Litigation
The construction industry in the United Arab Emirates (UAE) has experienced rapid growth over the past few decades, fuelled by visionary development projects and a booming real estate market. Understanding construction contracts in the UAE is crucial for investors, contractors, and other stakeholders involved in the region’s infrastructure and property development. This article provides an […]
Reshma Rose Jacob · 19 Sep 2024 · 10 minRead →
Legal Help Desk
Question: “The pandemic taught us some tough lessons. We thought our contracts covered unpredictable events, but when push came to shove, those ‘force majeure’ clauses didn’t really protect us. I’m worried we’re still not prepared for the next big disruption. How can we make sure our contracts actually work in extreme situations?” Answer: Ah, force […]
Legal Help Desk · 14 Sep 2024 · 4 minRead →
Company Formation
Registering a non-profit NGO in the UAE requires adherence to specific legal requirements and procedures. This initiative aims to empower women in a traditionally male-dominated industry by providing support, networking opportunities, and resources tailored to their unique challenges and aspirations. By establishing the association as a non-profit NGO, the organization can engage in advocacy, educational […]
Fidha Anzar · 13 Sep 2024 · 3 minRead →