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…
Read moreUAE Companies Law and JAFZA Offshore Companies Regulations : Key Differences All corporations undergo a development phase that is affected by a range of external factors such as market conditions, economic climate, implications, and new regulations, to name a few. Internal affairs of an organization, the roles and responsibilities of the…
Read moreAbu Dhabi Global Market (ADGM) – Special Purpose Vehicles (SPV) and Foundations You may either look at a glass with water as glass half full or glass half empty – and that is definitely the case in today’s corporate world. Perception is everything. The times that we live in has…
Read moreSubstantial Acquisition of Shares and Take-Over (SEBI) Regulations 2011 Overview Introduction The Indian economy has been marked by many critical structural initiatives which intend to build the strength and substantial growth over the past two decades. In the last t 25 years, India has gained a lot in the…
Read moreBase Erosion and Profit Sharing (BEPS)- Tax Evasion of Multinational Corporations OLD WINE IN A NEW BOTTLE Before 1961, there was a minimal focus on national tax laws upon the multinational corporation’s tax and digital economy because during that time no country taxed the foreign source. During that time the…
Read moreCompany Incorporation in Kuwait Free Trade Zone Kuwait, also known as the Fruitful Land of the Gulf is considered to be a land of opportunities. The country’s richness lies in the natural resources like oil and gas but also the real wealth of the nation lies in its human capital…
Read moreBALANCING THE UN-BALANCED “The Majority is always wrong and the minority is rarely right” -Henrick Ibsen Corporate law is the yardstick for the business sector which chaperons and molds the behavior of a Company. Corporate Law establishes the structure of the corporate form as well as formulates rules for the…
Read moreSpecial Purpose Companies or Vehicles (the SPCs or SPVs) are temporary companies set up to achieve a precisely structured financial operation. SPCs provide an alternative mode of financing transactions. Put simply they are subsidiary companies of a parent company, whose assets are protected from the actions of the parent company.…
Read moreThe new Takeover and Merger Code of Singapore Our current capitalistic society has created an atmosphere of intense competition. Of course, competition isn’t the worst thing in the world, being one of the most important reasons we get the high-quality products and services that we do. Consumerism is only…
Read moreAsset Securitization in the UAE (Part II of II) In part one of our series on Asset Securitization, we defined asset securitization, reinforced its importance and illustrated the ways in which it is used for financing purposes. In fact, asset securitization transactions had evolved centuries back and were also, incredibly pervasive…
Read morePost-Closing Transactional vs Ongoing Enterprise Due-Diligence “Diligence is the mother of good fortune.” - Miguel de Cervantes Saavedra Introduction In July 2016, the Australian Securities and Investments Commission (ASIC) stated that it’s review of 12 initial public offerings (10 of which were small and mid-sized companies), found incredibly poor due…
Read moreCompany Formation in Sharjah International Airport Free Zone (SAIF Zone) 1. What law established this Free Zone? Sharjah Emiri Decree Number 2 of 1995 established both the Free zone at Sharjah International Airport and the Sharjah Airport International Free Zone Authority. 2. What are the main internal regulations governing this…
Read more“In a world that’s changing so quickly, you are guaranteed to fail, if you do not take any risks” …
Read moreDiageo, a company more commonly associated with alcoholic beverages Smirnoff, Guinness and Johnnie Walker in the United Kingdom- held almost 27.8 percent stakes in a company called United Spirits Limited, one of the leading spirits company in the Indian market by volume. A series of share pledges by United Spirits…
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