UAE: VAT and Excise Tax
October 4, 2017
The UAE has issued substantive law on Value Added Tax (VAT) and Excise Tax …
New Ministerial Decision brings clarity to Private Joint Stock Companies
September 20, 2017
The private joint stock company is one of the forms of company contemplated by UAE Federal Law No. 2 of 2015 concerning commercial companies …
Be VAT ready – Tax Procedures Law is already here
August 15, 2017
Under the VAT regime, businesses will be collecting taxes on behalf of the government and will file tax returns accordingly …
UAE – Centre for Amicable Settlement of Disputes update
May 4, 2017
Centre for Amicable Settlement of Disputes can no longer mediate disputes when a bank is a party to such dispute ….
New UAE Funds Regime
March 29, 2017
The UAE has embarked on an ambitious undertaking by introducing new business friendly mutual funds regulations to stimulate the UAE funds industry and provide the foundation for a more developed regional funds regime in the Gulf Cooperation Council …
Streamlining insolvency in the UAE
February 6, 2017
The United Arab Emirates’ much-awaited new bankruptcy law is a positive step forward for the country’s insolvency regime. If implemented constructively and embraced within …
New UAE Pledge Law over Movable Assets
January 19, 2017
The new Pledge Law of the UAE was enacted on 12 December 2016 …
Potential Criminal Liability for Arbitrators and Experts in the UAE
November 30, 2016
The UAE Penal Code was amended to introduce the concept of criminal liability for arbitrators, experts, and translators who issue dishonest and partial decisions and opinions.
The UAE Competition Law Clarified
November 30, 2016
Two Cabinet Decisions have been issued which provide guidance on the implementation of the Competition Law, particularly on market share thresholds and on small and medium establishments.
The New UAE Bankruptcy Law
November 23, 2016
Perhaps the most important new feature of the new Law is the introduction of a regime that allows for protection and reorganization of distressed businesses …
Proposed Insurance Authority Decision Concerning Marketing of Insurance Policies by Banks in the UAE
September 21, 2016
The Emirates Insurance Authority prepared a draft regulation concerning marketing of insurance policies by banks in the UAE.
Heba Ali
August 31, 2016
Described by one of her peers as being “everything you would need in a lawyer”, Heba Ali was hired by Lenovo in 2014 to establish the organisation’s legal department for the Middle East and Africa region. A reflection of her success, in May, Ali was selected by our expert panel of judges as the In-House Community Counsel of the Year, 2016. Here she talks to Asian-mena Counsel about the qualities she thinks are vital to being a good in-house lawyer.
Hot Topics
July 14, 2016
We discuss Brexit with insight from various private practice lawyers; Richard Bell of Clyde & Co writes about his Journey along the Silk Road; JunHe delve into issues regarding provisions to China’s network publishing services; and Trowers inform us about Doing business in Iran in this Hot Topics Special Feature.
Family Businesses and NextGen
July 12, 2016
The UAE came into being in 1971. The self-taught local entrepreneur who set up shop selling just one product or service in those early days …
UAE Ministerial Decision No. (272) of 2016
July 7, 2016
The Ministerial Decision No. (272) of 2016 addresses the scope of Article 104 of Federal Law No.2 of 2015, stating which articles relating to public and private joint stock companies apply to limited liability companies.
Mayer Brown opens office in Dubai
June 29, 2016
Mayer Brown announced the opening of its office in Dubai, United Arab Emirates (UAE). The office serves as a hub of the firm’s Middle East practice….
End of Service Gratuity
June 1, 2016
End of Service Gratuity (Gratuity) is a statutory severance pay across most Middle Eastern jurisdictions and one which …
Headcount reduction in the GCC
April 18, 2016
With economic commentators predicting a difficult 2016, employers across the region may be forced to look at staffing levels. With commodity prices …
UAE procurement; a bigger role for the private sector
March 22, 2016
In early February, the UAE announced a major government shake-up to prepare the UAE for the future. Under the new plans, a number of ministries are …
The energy sector’s knock-on effect
January 19, 2016
Aided by thoughts from Clyde & Co lawyers in the Middle East, we look into what the energy sector can anticipate there, delving into thoughts on the sector itself as well as their implications on regional employment.
Dubai International Financial Centre (DIFC): How are external arbitral awards dealt with by the DIFC Courts?
January 19, 2016
Analysing the two leading decisions from last year on enforcement, Al Suwaidi’s David Lant gives an overview of how this area is developing. We are also given understanding of the jurisdiction’s background as an arbitral hub and an indication why one may decide to use the DIFC Courts in this scenario.
Anti-corruption laws in the UAE pharma and healthcare sector
January 19, 2016
In his review of anti-corruption laws in the UAE’s pharma and healthcare sector, Faizal Latheef of Kochhar & Co Inc. divulges important legislation and warns on how to avoid corruption allegations.
Doctors’ remuneration in the UAE
January 13, 2016
Remuneration packages are an essential tool for employers in attracting and retaining high performing staff. In the United Arab Emirates (UAE), where the demand for …
UAE Legal Bulletin
January 8, 2016
Updates on the possibility of a Value Added Tax, the new PPP Law and other developments which companies doing business in the UAE should know
UAE’s New Labour Regulations Take Effect January 1, 2016
January 8, 2016
A number of recently announced initiatives could introduce potentially significant changes to the rules governing the workforce in the UAE.
Introducing the Dubai World Trade Centre Free Zone
January 8, 2016
Aside from its central location and its world class facilities, the Dubai World Trade Centre Free Zone offers a wide range of services for companies.
UAE share pledges – a secure solution?
December 16, 2015
Under the previous UAE Commercial Companies Law (1984 Law) there was considerable debate amongst lawyers as to whether a shareholder in a UAE limited liability company (LLC) was able …
UAE Insurance Authority Report review
October 9, 2015
The UAE Insurance Authority has recently released its Annual Statistical Report for the Insurance Sector in the United Arab Emirates for 2014. The report provides a comprehensive overview of the (re) …
UAE Legal Bulletin July-August 2015
September 16, 2015
Insights into the new Commercial Companies Law and relevant corporate updates which can help companies conduct business in the UAE, particularly in Dubai
New Dubai fundraising law – what educational institutions need to know
September 1, 2015
A new decree has been issued in Dubai regulating fundraising in the Emirate of Dubai (Dubai Decree No. 9 of 2015). In summary, the law states that approval must be sought from the Dubai Islamic Affairs …