Corporate and Commercial
Establishing a business in the United Arab Emirates (UAE) comes with numerous opportunities, but it also requires a firm understanding of the regulatory and banking landscape. One of the essential steps in setting up your business is opening a business bank account. This article will guide you through the process, the required documentation, and the […]
Madhav Vinod Krishna · 12 Sep 2024 · 4 minRead →
News
In a move to protect consumers from intrusive marketing practices, the UAE government has introduced stringent new telemarketing regulations effective August 27, 2024. This article delves into the key provisions, penalties, and features like the Do Not Call Registry (DNCR) and ‘Kashif’ caller ID that are shaping the future of telemarketing in the UAE. Understanding […]
Fidha Anzar · 11 Sep 2024 · 7 minRead →
Company Formation
Saudi Arabia offers a diverse range of business zones, each designed to cater to different industries and investment needs. These zones provide unique advantages for foreign and domestic businesses, from tax incentives to cutting-edge infrastructure. Choosing the right zone for your business can unlock significant growth opportunities and align your operations with Saudi Arabia’s Vision […]
Madhav Vinod Krishna · 11 Sep 2024 · 5 minRead →
Debt Recovery
As the UAE continues to be a hub for a plethora of international businesses and trades, the risk of unpaid debts is a reality that both individuals and businesses must contend with. Understanding the debt recovery process in the UAE is essential for effectively navigating through multiple legal hurdles and ensuring financial stability. This article […]
Aeron Abraham Thomas · 11 Sep 2024 · 5 minRead →
Labour Law
With the enactment of Federal Decree-Law No. 33 of 2021, the legal framework in the United Arab Emirates pertaining to employer obligations and employee rights has substantially evolved. This law sets forth extensive obligations for employers, such as giving their employees accommodation and health insurance. The Ministry of Human Resources and Emiratisation (MOHRE) has emphasized […]
Fidha Anzar · 10 Sep 2024 · 5 minRead →
Company Formation
The United Arab Emirates (UAE) is a global business hub, offering numerous opportunities for entrepreneurs and companies looking to establish themselves in the region. The country’s strategic location, robust infrastructure, and business-friendly environment make it an ideal place to start a business. However, setting up a business in the UAE involves several legal and regulatory […]
Kartik Shetty · 10 Sep 2024 · 5 minRead →
Legal Help Desk
Question: “We work with clients from all over the world, and when we sign contracts, there’s always this tug-of-war about whose laws apply. I’m worried that if we miss something, we’ll end up in a foreign court with unfamiliar laws. How can we ensure UAE laws protect us? And what happens if the contract doesn’t […]
Legal Help Desk · 7 Sep 2024 · 3 minRead →
News
The ADGM Arbitration Centre had introduced an innovative “Mediation in the Metaverse” initiative in 2023, which is designed to transform the global mediation landscape. Utilizing cutting-edge Web3 technology, this initiative offers a virtual counterpart to ADGM’s advanced arbitration and mediation facilities. By enabling participants to conduct mediation sessions through video from any location via desktop […]
Benoy P Jacob & Jerome Jose · 7 Sep 2024 · 5 minRead →
Litigation
This blog post explores the FIDIC Red Book, widely used in construction contracts for building and engineering works. It specifically examines key sections which deal with Contractor’s Claims and Time Extensions. The article provides a clear overview of the rights and responsibilities of both the Employer and the Contractor. To understand extensions in non-FIDIC contracts, […]
Reshma Rose Jacob · 6 Sep 2024 · 5 minRead →
Labour Law
The UAE has recently completed a significant transformation of its labour laws, with key amendments that took effect on August 31, 2024. These changes, part of Federal Decree-Law No. 9 of 2024, aimed to enhance the protection of worker rights and strengthen labour regulations throughout the country. Article 54 of the UAE Federal Decree-Law No. […]
Fidha Anzar · 5 Sep 2024 · 5 minRead →