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taxation lawyers in India
01 Oct 2023

A closer look at the income tax policy on earnings through non-conventional means in India

A closer look at the income tax policy on earnings through non-conventional means in India Income tax planning becomes pivotal to achieve one’s financial goals, and while some find it monotonous, it is necessary to understand the nuances involved, along with the numerous prevailing tax-saving instruments. According to the data…

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Lawyers in Dubai
27 Sep 2023

Sohar Free Zone

Sohar Free Zone What law established this free zone? A Ministerial Committee to was set up by His Majesty Sultan Qaboos bin Said establish a new Port in SOHAR in 1995 and to develop the Port of Salalah, formerly called Raysut. The Government of Oman and Port of Rotterdam signed…

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Financial Lawyers in UAE
04 Sep 2023

TECOM Freezone

TECOM Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free Zone Companies Regulations…

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Lawyers in Abu Dhabi
04 Aug 2023

The impact of Pandora papers

The impact of Pandora papers Pandora paper is a journalistic investigation based on a major leak of about 12 million archives revealing the uncovered wealth, illegal tax avoidance and money laundering by some of the world’s richest and most influential people. It is the cooperation of more than 600 journalists…

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Lawyers in Dubai
06 Jul 2023

Ummal Quwain Freezone

Ummal Quwain Freezone 1. What law established this freezone? The law establishing this freezone are as follows: Ummal Quwain Emiri Decree No. 2/1987 concerning the Incorporation of a Freezone in Ahmed Bin Rashid Port; Ummal Quwain Free Trade Zone Ordinance 1987; Ummal Quwain Law No. 1/2013 concerning ports, Customs, and…

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Lawyers in Abu Dhabi
16 Jun 2023

The legality of Bitcoins and other cryptocurrencies

The Legality of Bitcoins and other Cryptocurrencies The terms Bitcoin & Cryptocurrency remained unfamiliar to the rest of the globe before Satoshi Nakamoto, the unidentified founder of Bitcoin, revealed the Electronic Cash System in late 2008. The idea swept the world's markets like wildfire, and investors all over the world…

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Lawyers in Dubai
19 Aug 2022

Company Formation in Dubai World Central Freezone

Dubai World Central Freezone 1. What law established this freezone? Dubai World Central (DWC) freezone was established under Dubai Law No. 8/2006, amended by Dubai Law No. 10/2015. 2. What are the main internal regulations governing this freezone? DWC is regulated by the DWC Free Zone and Administration Rules and…

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Financial Lawyers in UAE
16 Aug 2022

Federal Decree-Law Number 16 of 2021 on Factoring and Transfer of Civil Accounts Receivable

Federal Decree-Law Number 16 of 2021 on Factoring and Transfer of Civil Accounts Receivable The Government of the United Arab Emirates has recently brought in the Federal Decree-Law Number 16 of 2021 to deal with issues regarding the Factoring and Transfer of Accounts Receivable within the country. The New Law…

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Financial Lawyers in UAE
02 Aug 2022

Evolution of Fintech in the Middle East

Evolution of Fintech in the Middle East “The major winners will be the financial services companies that embrace technology.” With a population of about 600 million people, the Middle East is one of the world's most diverse areas, covering three continents and 21 countries. It is a culturally, politically, and…

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Law Firms in Dubai
16 Jul 2022

Whistleblowing Regime introduced by DFSA

Whistleblowing Regime introduced by DFSA “Whistleblowers form a key part of a firm’s ability to detect, identify and escalate issues of misconduct, and the required Whistleblower policies and procedures play an important role in encouraging appropriate disclosures                                                     - F. Christopher Calabia, Chief Executive of the DFSA The Regime defines a…

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Financial Lawyers in UAE
29 Jun 2022

Establishing a Foundation in the UAE

Setting Up a Foundation in the UAE “Reliable structure needs a strong foundation and strong foundation requires investment” ― Guru Z.S. Gill UAE Foundations are an integral part of the country’s wealth management system. It is an independent legal entity. Foundations are usually created to protect the desires of the Founder…

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Lawyers in Abu Dhabi
19 May 2022

International Registration of Trаdemаks

Madrid System for the International Registration of Trаdemаks Introduction Two independent treaties govern the registration of trademarks around the world and they are Madrid Agreement and Madrid Protocol. Combining the agreement and protocol is the Madrid System for International Registration of Marks. Countries that are part of the Convention and…

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Law Firms in Dubai
16 May 2022

Digital Technology and Copyright

Impact of Digital Technologies   Introduction A copyright is a legal protection given to original works, but it does not cover an idea in and of itself; instead, it covers the representation of an idea in a fixed or physical form. The author has the only right to reproduce or sell…

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Property Lawyers in Abu Dhabi
11 May 2022

Force Majeure Events and Contract Clauses in GCC

Force Majeure Events and Contract Clauses in the GCC Force Majeure is a French word that means a greater force in English. It is connected to the concept of the Act of God, where there is an unexpected happening of event.  Although, Force Majeure is an exception as it includes not…

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