Corporate and Commercial
The processes for UAE's ICV certification for the Small and Medium Enterprises (SMEs) to obtain the National In-Country Value (ICV) Certificate for a nominal fee as low as AED 500.
Aparna T Nambissan · 31 Oct 2023 · 5 minRead →
Corporate and Commercial
Setting a precedent in UAE corporate law, for the first time a UAE court grants compensation for non-financial losses in a business dispute, safeguarding a company's reputation and honour. This sets a UAE precedent. Energy drink brand Power Horse wins USD1 million as moral damages.
Amy Denny · 31 Oct 2023 · 3 minRead →
DIFC
Ras Al Khaimah Digital Assets Oasis (RAK DAO) Free Zone signs agreement with DIFC Courts, to promote businesses in AI, Metaverse, Blockchain, NFTs, and more digital assets.
Editor · 27 Oct 2023 · 5 minRead →
Law Updates
Notarization and authentication of contracts and other documents can be exclusively in English. This strategic initiative eliminates the need for translation of documents into Arabic. Digital accessibility significantly reduces processing time.
Jerome Jose · 26 Oct 2023 · 6 minRead →
Arbitration
With the recent amendments, the UAE cements its position as a preferred hub for arbitration. These changes relate to more stringent measures to ensure the impartiality of an arbitrator, videoconferencing for hearings and engaging of legal experts for representation, among other things.
Aparna T Nambissan · 12 Oct 2023 · 7 minRead →
ADGM
In the Abu Dhabi Global Market (ADGM), employment regulations are dealt with by the provisions of ADGM Employment Regulations 2019 (the “Regulations”), ADGM Employment Regulations (Engaging Non-Employees) Rules 2023 (the “Rules of 2023”), and ADGM Employment Regulations 2019 (Compensation Awards and Limits) Rules 2019 (the “Rules of 2019”). The usual practice is to develop an […]
Aparna T Nambissan · 11 Oct 2023 · 8 minRead →
Company Formation
The United Arab Emirates (UAE) has successfully diversified its economy over the past four decades, creating a host of international business opportunities across multiple sectors. With a highly flexible government that continuously introduces incentives for businesses at every stage, the UAE has emerged as a favorable destination for startups, established enterprises, and aspiring entrepreneurs. In […]
Amy Denny · 16 Aug 2023 · 6 minRead →
Wills and Probate
Webinar on Will Registration. Join FREE. [metaslider id=6707] A Will is an essential legal document that enables people to specify how their property and assets should be transferred in the event of their demise. Wills are subject to certain laws and rules that specify their object, content, and validity requirements in the United Arab Emirates […]
Kartik Shetty · 8 Aug 2023 · 16 minRead →
ADGM
Hiring in the ADGM (Abu Dhabi Global Market) permits the following types of employees: interns, non-employees, outsourced individuals, secondees, and temporary freelancers. Here is a quick overview of the aspects to keep in mind while recruiting in ADGM: Read on to find the explanation of the above aspects: Disambiguation: This article discusses ADGM employment […]
Aparna T Nambissan · 3 Aug 2023 · 8 minRead →
Intellectual Property
Introduction Developing a new product or process can be an exhilarating and demanding journey that requires a combination of creativity, technical skills, and an entrepreneurial spirit. However, beyond the excitement and potential for launching a new company or creating fresh opportunities, it is crucial to protect your innovation. Patent registration plays a pivotal role in […]
Saniya Mariam Thomas & Hemakshi Prabhu · 2 Aug 2023 · 19 minRead →