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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 … Continue reading ICC Arbitration Rules: Expedited Procedure
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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: … Continue reading Taxation of corporations and businesses under the new federal law 47 of 2022
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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 … Continue reading Civil Family Law Updates for Non-Muslims – What you need to know
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