Introduction: The Legal Architecture of Business in Dubai Dubai’s emergence as a global business hub has been one of the defining commercial stories of the twenty-first century. The emirate now ranks among the world’s top destinations for foreign direct investment, entrepreneurship, and corporate headquarters — attracting businesses from every sector and every part of the …
Category Archives: Commercial Law
Top Corporate Law Cases Every Business Owner Should Know
The corporate world is full of legal complexities. Every entrepreneur should take each step while keeping the business rules and regulations in mind. Otherwise, they may fall into the trap of legal challenges and harm their company. From contracts to intellectual property and tax law, you should keep yourself aware of all these things as …
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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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Commercial Agency in the United Arab Emirates
Foreign principals who wish to conduct business in the UAE, but want to do so with a minimal investment, often turn to commercial agents to sell their goods or services. The main piece of legislation that governs agency arrangements in the UAE is Federal Law No. 18 of 1981, what is commonly referred to as …
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