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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 … Continue reading Getting Evicted From Your Property in the UAE: What You Need To Know?
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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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