Company Formation
In this article, we provide a comprehensive guide to help businesses understand the steps involved in company incorporation in Saudi Arabia. In recent years, Saudi Arabia has emerged as a promising destination for businesses seeking expansion and growth opportunities in the Middle East. With its strategic location, robust economy, and government initiatives aimed at diversifying […]
Kartik Shetty · 2 May 2024 · 5 minRead →
Arbitration
The Abu Dhabi International Arbitration Centre (arbitrateAD) is the latest Institutional Arbitration centre in the Middle East. This article discusses the ArbitrateAD Rules to equip you to choose ArbitrateAD as your destination to resolve disputes. The references mentioned in this article are from the arbitrateAD Rules 2024, the DIAC Arbitration Rules 2022 and the ICC […]
Sudha Sampath · 30 Apr 2024 · 21 minRead →
Corporate and Commercial
Saudi Arabia, a nation synonymous with vast oil reserves, is embarking on a bold economic transformation. Previously, navigating investment in Saudi Arabia could be seen as complex. However, recent reforms are fostering a more investor-friendly environment. The Ministry of Investment (MISA) serves as a centralized resource, simplifying procedures and providing valuable guidance. Moreover, new regulations […]
Ajay Denny · 29 Apr 2024 · 4 minRead →
Arbitration
With an aim to expedite the resolution of disputes and reduce the burden on the court systems in the country, the United Arab Emirates has made a significant update to its legal framework concerning dispute resolution with the enactment of the Federal Decree Law No. 40 of 2023. This law which came into effect on […]
Jose Joseph · 25 Apr 2024 · 4 minRead →
Corporate and Commercial
This article provides a comprehensive overview of the major tax implementations in the UAE and offers insights into the taxation landscape of the country. The article delves into the types of taxes levied in the UAE, discussing the tax rates, registration requirements, filing procedures related to VAT, and the key provisions governing its application. The United […]
Ajay Denny · 25 Apr 2024 · 18 minRead →
Corporate and Commercial
What is included under the Provision of General Interest Deduction Limitation Rule in the UAE Corporate Tax Law? The General Interest Deduction Rule (GIDLR) prescribes the maximum allowed amount of net interest expenditure that can be deducted from the Taxable person’s accounting income. What is Net Interest Expenditure? The net interest expenditure includes the interest […]
Ajay Denny · 24 Apr 2024 · 4 minRead →
Corporate and Commercial
What is the Transfer Pricing Mechanism? Transfer Pricing policies are concerned with determining the price for transactions made between related parties. Who is subject to Transfer Pricing Regulations? Transfer pricing rules are applicable to UAE businesses that have transactions with Related Parties and Connected Persons, regardless of whether such Related Parties or Connected Persons are […]
Ajay Denny · 24 Apr 2024 · 4 minRead →
Corporate and Commercial
The UAE’s labour law landscape is characterized by a general federal framework applicable throughout the Emirates, alongside distinct legal systems in the Dubai International Financial Centre (DIFC) and the Abu Dhabi Global Market (ADGM). Each system has its own unique regulations and procedures. Here’s a deep dive into the employment regulations in each of these […]
ATB Research Team · 18 Apr 2024 · 9 minRead →
ADGM
In the fast-paced global business landscape, the concept of working time and regulations governing working hours play a pivotal role in shaping work-life balance, employee well-being, and overall economic productivity. The Abu Dhabi Global Market (ADGM), a prominent international financial center, has established a comprehensive framework for working time and regulations for working hours to […]
Aparna T Nambissan · 17 Apr 2024 · 6 minRead →
ADGM
The Abu Dhabi Global Market (ADGM) is a thriving financial-free zone in the heart of the United Arab Emirates. Over the years, it has attracted numerous businesses and investors, both local and international, looking to capitalize on the region’s burgeoning economic opportunities. As businesses thrive and evolve, there inevitably comes a time when the termination […]
Aparna T Nambissan · 17 Apr 2024 · 5 minRead →