Overview
The UAE's introduction of a 5% VAT in 2018 marked a pivotal moment in its economic history. It signaled a shift away from oil-dependent revenue and pr...
Overview
Effective from 1 January 2018, the United Arab Emirates has implemented a general tax on consumption in line with the Common VAT Agreement of the ...
Introduction
Trusts have been an essential tool for individuals and businesses looking to protect and manage their assets and wealth. They provide a means to s...
Overview
The guidelines provide an overview of the foundation regime in ADGM governed mainly by the ADGM Foundations Regulations 2017 (Foundations Regulations)...
Overview
In order for The Property Mortgage to cover a property value, the debtor must provide a security for the repayment of the mortgage to the creditor.
...
Overview
Deciding where to establish a company is a major decision that depends on the planned business activities, required infrastructure, and the costs of...
In a world increasingly dominated by the fast-paced allure of instant gratification, the concept of organic growth in the professional world, stands as a testam...
Addressing the Ministry of Economy's Stance on Anti-Money Laundering and Counter-Terrorism Financing Legislation
The United Arab Emirates (UAE), over the years...
Background
A foundation is an independent legal entity created by law. It draws its features from both a company and trust. Similar to a company, a foundation ...
Introduction
At the end of 2017, the European Union reacted to the reality that many foreign companies were very successful in Europe making billions of profit...
FTA - Federal Tax Authority
CT - Corporate Tax
CTL - Federal Decree-Law 47 of 2022 – the Corporate Tax Law
CTG - Corporation Tax Guide published by FTA...
Mental Health In The Workplace Matters-Breaking the Silence in Law Firms in the Middle East
In the fast-paced world of law firms, where the billable hour reign...
Overview
In the UAE, tourist tax regimes are different across the country. Not all of the Emirates apply such a tax.
With the introduction of these taxes, h...
Overview
On 27 November 2016, all Member States of the Gulf Cooperation Council (GCC) agreed to sign the Common VAT Agreement of the States of the Gulf Coope...
Dubai is a thriving city known for its cultural diversity, economic prosperity, and world-class infrastructure. Dubai offers an appealing landscape for investme...
In a previous publication, I provided details about the Dubai International Financial Center, Will (DIFC Will) and its registration process.
In this article, I...
The world as we know has over time witnessed a somewhat rapid digital revolution in the past few years, and the United Arab Emirates (UAE) has been at the foref...
Disclaimer:
The official sources of information on Federal Taxes in the UAE are the Ministry of Finance and the Federal Tax Authority. The present article is n...
Dubai, known for its luxurious lifestyle and iconic infrastructure, has become a hotspot for global real estate investors. The city's property market has seen s...
Abu Dhabi Global Market (“ADGM”) is one of two financial free zones in the UAE. It has developed its jurisdiction which follows its laws, is separat...
Are you an Egyptian living abroad? Read this: You may be subject to taxes in Egypt and you don't know.
If you are an Egyptian national, you have a house owned ...
The Law of Evidence is the Law that regulates the methods of presenting proofs, Evidence, and supportive documents of a claim or defense.
It does not stop here...
On 3 October 2022, the UAE enacted Federal Decree-Law No.42, which will come into effect as of 2 January 2023. The new UAE Civil Procedures Law (the “New ...
Many of the UAE-listed companies are actively considering or implementing either a long-term incentive plan (“LTIP”) or an employee share ownership ...
Whenever an accident happens and a person gets injured, the police should be called. Whether an accident is considered a small or a major one, calling the Polic...
Such an important event requires a specific set of laws to protect the interests of stakeholders, tournament participants, contractors, suppliers, and holders o...
Living in the 21st century (the Anno Domini era) it became a trend to travel abroad, visit different countries, explore the unknown, experience new flavors...
The United Arab Emirates is changing the world forever with something called Remote Work Visa
Just like the year 2020 has changed consumer behaviors worldwide ...
Have you ever thought about starting your own restaurant business abroad in one of the most developed countries in the world, where the tourist flow is increasi...
Pre-Direct Investment Law (DIL) 2018, an expatriate who seeks to set up a business was required to have a registered business license on the mainland under the ...
Due to political and military events started on 24 of February 2022, Russian Federation got flooded with US and EU sanctions including banking, export, aviation...
We regularly receive inquiries and questions from employees in the UAE complaining about having conflicts with their HR departments or their employers who are t...
As part of the 50th anniversary of the United Arab Emirates, which marks the Golden Jubilee, the UAE announced a set of 50 new projects and initiatives ('Princi...
Have you ever gone shopping with your children and noticed your child has gone missing? How often do you not dismiss their playfulness and wonder where they are...
This legal article shall highlight the effect of an insult, whether true or false, on the perpetrator and the victim of such an action. The legal instruments ar...
The United Arab Emirates is a country well-known, not just for its luxurious lifestyle, amazing cars or its futuristic buildings, but also for its exotic pets. ...
Introduction
In the UAE, the commercial agency is an arrangement whereby an international company appoints an agent to distribute, offer, negotiate the sale or...
Introduction
Lawyers are often posed with the question by clients as to what happens subsequent to their success in a civil claim. Particularly, a common quest...
Questions relating to employment have always been one of the most discussed topics. Even before the pandemic, queries about the employees' rights, notice period...
Introduction
There are multiple jurisdictions in the UAE that allow for the recognition and enforcement of arbitral awards, each based on different laws ...
Payment Orders
The payment order is a much-needed and useful method to recover debts whenever a debt is formed by a certain amount of money or an identifiable ...
A price comparison website or shopping comparison websites works as a search engine that the shoppers use to compare the price and other details required to mak...
On 27 September 2020, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of United Arab Emirates, issued a new Federal Decree No. 14/2020 (the “De...