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Criminal Lawyers in Dubai
15 Apr 2024

UAE’s new Decree to Regulate Public and Private Partnership

UAE’s new Decree to Regulate Public and Private Partnership The Ministry of Finance in the UAE recently announced a pivotal development with the issuance of Federal Decree-Law No. 12 of 2023, focusing on public-private partnerships (PPPs). This legislation, effective from December 1, 2023, lays down the groundwork for collaborations between…

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Lawyers in Abu Dhabi
01 Dec 2023

Priorities of India’s G20 Presidency

Priorities of India’s G20 Presidency India gathered the G20 leaders' Summit for the first time in 2023, as 43 Heads of Delegations the biggest ever in the G20 participated in the last New Delhi summit in September. As a nation focused on democracy and multilateralism, India's presidency has been a…

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Financial Lawyers in UAE
23 Nov 2023

New Commercial Agencies Law in the UAE

New Commercial Agencies Law in the UAE The Old law was seen to be more in favor of the agents; giving a better legal stance for agents compared to that of principals. Notwithstanding, the New law comes with the spirit of striking harmony among principals and agents. Furthermore, the New…

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Lawyers in Dubai
07 Jul 2022

Qatar's Commercial Companies Law

Qatar's Commercial Companies Law Qatar possesses a business-stimulating environment that instigates investors to invest in different business entities. Setting up a business in Qatar was not restricted to any specific kind of business. The region has expanded itself to encourage various company incorporations in Qatar. As per the law, a…

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Criminal Lawyers in Dubai
02 May 2022

Legal Issues Concerning a FATF Mutual Evaluation Report

Legal Issues Concerning a FATF Mutual Evaluation Report Introduction The Financial Action Task Force, also known as the Groupe d'action financière in French, is an intergovernmental organization created in 1989 on the initiative of the G7 to establish Anti-Money Laundering Measures. Its mandate was broadened in 2001 to encompass terrorism financing.   The…

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Lawyers in Abu Dhabi
09 Feb 2022

Dubai Production City Freezone

Dubai Production City Freezone 2022 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…

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Lawyers in Dubai
01 Feb 2022

Business Closure in the UAE, and How it Must Be Pursued

Business Closure in the UAE, and How it Must Be Pursued When you decide to close your business in the UAE, you must cancel your business license as well as any related permits. Pretext It is imperative that the relevant government bodies are aware that you are no longer in…

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Criminal Lawyers in Dubai
23 Jan 2022

Bankruptcy Law in China

A Closer look at Bankruptcy law in China post - 2022 The Bankruptcy Law in China consists of 136 articles apply to any or all types of insolvent enterprises. That is whether it is state-owned, privately owned, or by the foreign investment enterprises and other financial institutions. China enacted the…

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Lawyers in Abu Dhabi
20 Jan 2022

Dubai Science Park City Freezone

Dubai Science Park City 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…

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Criminal Lawyers in Dubai
27 Dec 2021

Economic and Fraud Provisions in the Middle East

Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…

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Law Firms in Dubai
23 Nov 2021

Incorporation of a Business in UAE

Incorporation of a Business (Legal Impediments) Introduction The formal method of forming a corporation or a company is called incorporation. The resulting legal body, a corporation, is responsible for separating the firm's assets and profits from its owners and investors. Corporations can be formed in virtually every country on the…

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Criminal Lawyers in Dubai
06 Nov 2021

E Gaming and its Overarching Legality in the UAE

E Gaming and its Overarching Legality in the UAE The term "e-Gaming" refers to the entire computer gaming market, which includes everything from video game consoles to PC and smartphone games, as well as internet entertainment platforms and the eSports industry. Likewise, first-person shooter (FPS), multiplayer online battle arena (MOBA),…

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Lawyers in Abu Dhabi
23 Oct 2021

Foreign Direct Investments projects in the UAE

Licensing procedure of Foreign Direct Investments projects in the UAE Background of this new development- Prior to the implementation of the FDI law, UAE law stipulated that foreign investors may only own up to 49 percent of a UAE mainland corporation, with several exceptions. One or more UAE nationals or…

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Financial Lawyers in UAE
23 Sep 2021

Tri-Party Agreement and their Implications in the UAE

Tri-Party Agreement and their Implications in the UAE What is a Tri-party Agreement? It is an agreement between three parties. In other words, when three-parties has an intention to do the things on which they have agreed. The Tri-parti agreement usually happens in financial transactions. As per the Article 125…

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