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Lawyers in Dubai
06 Oct 2021

Construction Industry Claims in the UAE

Basis of claims in the construction industry in the UAE Disputes are widespread in the construction sector. Disputes develop owing to conflicts between any of the parties to the contract. Disputes may be detrimental to construction projects, causing enormous costs, disruptions, & reduced productivity. To execute a construction project on…

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consumer protection laws in UAE
23 May 2021

The Legality of Backdating Contracts

The Legality of Backdating Contracts Introduction  The “contract date”, seemingly a very basic concept, can contribute to some problems and confusion among parties contracting therein. The main issue that parties may face is regarding the interpretation of the dates mentioned in the contract. There are essentially three types of dates…

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Law Firms in Dubai
11 May 2021

UBO Disclosure Requirements- UAE Law

UBO Disclosure Requirements- UAE In recent years, counter-fraud, money laundering and terrorism funding have been the regulator's highest priority. Fraudulent parties conceal their service using offshore accounts, and authorities report fraudulent transacts routinely at fake emails, PO boxes or private residences. This term has taken on an increasingly significant role…

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Financial lawyers in Dubai
23 Mar 2021

Q & A: Third-Party Funding in UAE

Q & A: Third-Party Funding in UAE Introduction Third-party funding, also known as litigation funding, provides a business with a viable means of pursuing litigation, Arbitration and adjudicating claims. Third-party financing ensures that the legal needs are met with minimum risk and subsequently preserve the business's liquidity in case of…

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Lawyers in Abu Dhabi
11 Mar 2021

Company Formation in Hamriyah Free Zone

Hamriyah Free Zone 1. What law established this freezone? The Hamriyah Free Zone was established under Sharjah Emiri Decree No. 6/1995 issued in 12 November 1995 as amended by Sharjah Executive Council Decision No. 1/2000 (the Decree). 2. What are the main internal regulations governing this freezone? The principle regulation…

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Lawyers in Abu Dhabi
11 Mar 2021

Doing business in the Kingdom of Saudi Arabia Part II

Guide on Doing business in the Kingdom of Saudi Arabia- Part II Tax XII. What contributions are made towards social security by the employee and the employer during the employment relationship? Is there an Income Tax regulation in the KSA? There are no income taxes impositions for the employees; however,…

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arbitration lawyers in Dubai
27 Feb 2021

Legality of the Unilateral Appointment of an Arbitrator in India

Legality of the Unilateral Appointment of an Arbitrator: India A unilateral appointment clause is an agreement that gives one of the parties the opportunity to choose between two available options to settle a dispute, while only one of the options is available to the other party. Whether Unilateral Appointment Clauses…

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Lawyers in Abu Dhabi
23 Feb 2021

Duress in Contract Law

Duress in Contract Law In UAE, all legal aspects in regards to contractual related issues are encapsulated under the UAE Civil Code and the UAE Commercial Code. It is difficult to establish between illegitimate and legitimate duress as in regards to commercial contracts, a certain level of duress is expected…

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Law Firms in Dubai
20 Feb 2021

Anti-Trust Laws in the Kingdom of Bahrain

Competition Law, 2020: Bahrain 1. What is the name of the main regulator/ regulators governing the competition law in this jurisdiction? The Authority for Promotion and Protection of Competition. 2. In the context of a merger acquisition in what circumstances, are the seller and/or the purchaser required to notify the…

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Financial Lawyers in UAE
19 Feb 2021

Environment Laws and Regulations in 2020: Bahrain

Environment Regulations 2020: Kingdom of Bahrain 1. What is the main legislation governing contamination of land in Bahrain? What are the main penalties and how is liability determined? Bahrain Ministerial Order No. 21/1996 with respect to the Environment governs the issue of land contamination. Land is effectively protected by the…

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Lawyers in Abu Dhabi
12 Jan 2021

Enforcement of New York Convention Award in the UAE

Enforcement of New York Convention Award in the UAE Introduction  Arbitration clauses are becoming more and more prominent in corporate agreements, the reason behind this is the ease with which disputes can be dealt with as compared to the traditional court system. In any case, a corporation may find that…

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corporate lawyers in Dubai
16 Dec 2020

UAE: Effect of the Amendment to the Companies Law on LLCs

UAE: Effect of the Amendment to the Companies Law on LLCs Introduction The UAE government has recently amended Federal Law Number 2 of 2015 (hereinafter referred to as “Old Law”) by issuing Federal Decree-Law Number 26 of 2020 (the “New Law”). The introduction of this amendment has effectuated an overhaul of…

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Financial Lawyers in Dubai
16 Dec 2020

Fujairah Creative Freezone

Fujairah Creative Freezone 1. What law established this freezone? Fujairah Emiri Decree No. 4/2007 established Fujairah Creative City (FCC). 2. What are the main internal regulations governing this freezone? The Fujairah Free Zone Authority sets the regulations governing FCC Free Zone. 3. Does this freezone have any reciprocal arrangements with…

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corporate lawyers in Dubai
15 Dec 2020

Doing Business in Ras Al Khaimah 2021

Doing Business in Ras Al Khaimah 2021 Enforcing Contracts Questionnaire 1.Case Study Assumptions Two domestic companies - Seller and Buyer - conclude a contract for the sale of some custom-made goods. Further to such contract, Seller agrees to sell to Buyer, and Buyer agrees to buy from Seller, custom-made furniture.…

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