The New Maritime Law of the UAE The maritime industry has long been a cornerstone of global trade, and nowhere is this more evident than in the United Arab Emirates (UAE). As a nation with a rich maritime heritage and a strategic location at the crossroads of international shipping routes,…
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Legal matters can be stressful for many people. Lawyers in UAE know the ins and outs of the law, but they also have other skills that make them well suited to handle various legal needs. Lawyers are trained and experienced with contracts, real estate transactions, family law cases, civil litigation…
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UAE 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…
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Abu 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…
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Exclusion Clauses in the UAE The Importance of Contracts and Exclusion Clauses Contracts are vital documents at all levels of society. Whether in business or everyday life, contracts are formed all the time from the most straightforward dealings between individuals to the most complex business deals. There may be occasions…
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The Mining Industry in the United Arab Emirates The mining industry has for centuries been the driving force behind economies. Whether it is the mining of minerals or metals or precious stones, each mining industry plays a crucial role in the economic activities of many states globally. This principle is…
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The UAE Contract Law and Position of Third Parties Contractual relations are relations we enter into every day of our lives, whether express or implied, whether formally or informally. When people go to the grocery store, at the check-out counter, they enter into a contractual relationship with the store. They…
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Mergers and Acquisitions: Public Shareholding Companies “How do you make money? Mergers, Acquisitions and Liquidations” ~Mario Gabelli Introduction Sultan Bin Saeed Al Mansouri, MOE (Minister of Economy), and Board Chairman of the securities and commodities authority (SCA) was responsible for the introduction of a set of regulations concerning mergers…
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Base 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…
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COMPANY FORMATION IN RAK MARITIME CITY The hidden gem of UAE, the emirate of Ras Al Khaimah (RAK) is a mesmeric stretch of golden beaches, terracotta desert, backed up by the wild mountains of Hajar and an ocean of Bedouin Oasis is just out of the shadow of Dubai’s extravagant…
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The Registration of Scent Trademark and its Issues Part II “Perfume is the most intense form of memory.” - Jean Paul Gaultier. In the previous Article concerning Registration of Smell, fragrance, olfactory marks and Aroma Trademarks – Global overview, we discussed a perspective of…
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Ping!You got a Notification* “Internet is a place where nothing ever dies.” A touch is all you need to show the world your piece of art and to be liked by the viewers. Facebook posts, Instagram new filters improving your images, Snapchat 10 seconds stories to score social kudos.…
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Liability of Aircraft Operators On 15 July 2009, New York city witnessed a ‘Miracle on the Hudson River’ when flight 1549 departed New York but shortly after the take-off due to bird strike the plane lost its two turbines. The Senior Captain Chesley ‘Sully’Sullenberger was told to return to the…
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The Fine (and Hazy) Line between Tax Avoidance and Tax Evasion ‘The difference between tax avoidance and tax evasion is the thickness of a prison wall.’ - Denis Healey Keeping in mind the contradiction between the heading of this article and the quotation above, I wish to draw your attention to…
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