Why should Expats register in a UAE Will? If you are a non – Muslim expatriate having assets in the United Arab Emirates (UAE), you should seriously consider how your assets will be allocated among your loved ones, in case of your unforeseen demise. In the absence of a UAE Will, it is most likely...
Arbitration is a legally binding private dispute resolution mechanism outside of courts. In arbitration, disputes are resolved by one or more arbitrators appointed by the parties through agreement. Arbitrator is bound to issue a final binding decision after reviewing evidence and hearing arguments of the parties, much like a court process. Arbitration awards are final,...
Foreign Ownership of Maritime Businesses The UAE Government has announced foreign ownership of maritime businesses in the country are now allowed. It follows the issuing of the positive list which is the official list of the commercial activities in which 100% foreign ownership is allowed. It will allow people to register vessels under the Emirati...
International Exports and Imports International sale of goods involve multiple parties and jurisdictions. Each transaction is a complex one. International Commercial terms, commonly referred to as Incoterms, aims to smoothen the complicated international trade process. It is a set of pre-defined and universally accepted commercial / contractual terms for international sale of goods. Incoterms clearly...
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