Insurance Expertise Unveiled: Exploring the Vital Role of Insurance Lawyers in Dubai In today’s unpredictable world, insurance has become a fundamental tool for safeguarding individuals and businesses against unforeseen risks and liabilities. Dubai, with its vibrant business landscape and dynamic economy, recognizes the importance of comprehensive insurance coverage and a deep understanding of insurance laws. …
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Finance lawyers in dubai
Navigating the Complexities of Finance: The Role of Finance Lawyers in Dubai In the dynamic and ever-evolving landscape of finance, businesses and individuals face numerous legal challenges. From corporate transactions and regulatory compliance to banking disputes and investment strategies, having the guidance and expertise of finance lawyers is essential. In this blog, we will explore …
Getting Evicted From Your Property in the UAE: What You Need To Know?
An eviction before the lease term has expired is certainly a stressful experience for a tenant – both financially and psychologically. Having been evicted in Dubai, it is important for you to understand your rights and options. Dubai’s grounds for evicting property: It is only under certain circumstances, listed in Dubai Law No. 26/2007/ On …
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ICC Arbitration Rules: Expedited Procedure
In addition to the usual ICC Arbitration Rules and in response to concerns of the time an arbitration can take from commencement to the final award, the International Chamber of Commerce (ICC) offers an expedited arbitration, which reduces the time limits of the arbitral proceedings and can impose other procedural limitations, as an alternative to …
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Taxation of corporations and businesses under the new federal law 47 of 2022
The UAE announced a new Federal Decree Law No. 47 of 2022 concerning the taxation of corporations and businesses on Friday, 9th December 2022. This article will provide an overview of some of the key features of the Decree. Corporate Tax Rate: Corporate Tax shall be imposed on the Taxable Income at the following rates: …
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Civil Family Law Updates for Non-Muslims – What you need to know
The UAE announced the Federal Decree-Law No. (41) of 2022 concerning “Civil Personal Status” in the UAE which will come into effect on February 1, 2023. The decree-law provides a flexible and developed judicial mechanism for settling personal status disputes of non-Muslims. It enhances the status and competitiveness of the UAE in regulating family matters …
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UAE new family companies law Update – The three main differences to note
Family companies are not considered a new form to be added to the forms of commercial companies mentioned in Law No. (32), Rather, they are closer to a legal definition or description that gives some unique characteristics to any of the legal forms that already exist in the Companies Law. With the exception of public …
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Things you need to know about Civil Procedures Law (CPL)
A new law pertaining to civil procedure has been issued, Federal Law 42 of 2022, which consolidates and replaces Federal Law 11 of 1992 on civil procedure and its executive regulations issued under Cabinet Resolution No. 57 of 2018. The New Law will come into force on 2 January 2023. Whilst the New Law does …
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Could you be accused of Forgery? How not to be a victim of such accusation?
Forgery is a criminal act in the United Arab Emirates. It is governed by Federal Law No. 31 of 2021 and the Federal Penal code No. 15 of 2020. The occurrence of a forgery has a negative impact on personal relationships and day-to-day business operations. In this article, we define Forgery as per the UAE …
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Intellectual Property – Violations and Compensations
Intellectual Property (IP) is a valuable intangible asset for any business operating nationally or internationally across borders. It should always be protected to safeguard the business’ overall operation interests; help attain its commercial goals and sustain its competitive advantage. In the United Arab Emirates, the Ministry of Economy is the competent authority to register and …
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