A Global analysis of franchise agreement “Isolation is not possible. Globalization is inevitable and beneficial.” Introduction Do you wish to establish an attractive business model to distribute goods and services globally? Does your company have a brand image in the market and hopes to expand? Do you have a unique…
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LAWS OF THE GAME- A GLOBAL OVERVIEW (PART 1) “Sports don’t build character. They reveal it.” -Heywood Broun When Oscar Pistorius won the 2004 Summer Paralympics in Athens,, he became the first athlete to win a gold in a single below-knee amputee championship even though he medically qualifies as a double…
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Real Estate Investment In Abu Dhabi Introduction PLANNING TO PURCHASE A PROPERTY? # Things to Know 1. Conduct due diligence on both, the seller and the property before signing the documents. 2. Verify the details of the property at the Abu Dhabi Municipality. 3. Consult a property or real…
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Anti Fraud Law in the UAE The United Arab Emirates recently enacted Federal Law Number 19 of 2016 concerning Combating Commercial Fraud (the Anti-Fraud Law or the Law) has replaced the erstwhile Federal Law Number 4 of 1979 dealing with the Concealment of Fraud and Deception in Transactions commercial in…
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NEW BANKRUPTCY LAW IN THE UAE Since the time of its promulgation in the year 2016, the Bankruptcy Law has been widely discussed and deliberated on. The enactment of Federal Law Number 9 of 2016 (the New Law) has been critical in light of the volatile oil market across the…
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Preventive Principle and Extension of Time Time and again we have discussed the level of dynamicity in the sectors and industries such as construction, maritime, cryptocurrency and the like. Today, we are going to analyze why these areas in specific are comparatively more dynamic than others – mainly because projects…
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Pharmaceutical Industry in the UAE 1. What are the primary laws and regulations governing pharmaceutical companies in the United Arab Emirates? The primary piece of legislation governing pharmaceutical companies in the United Arab Emirates is Federal Law Number 4 of 1983 concerning the Pharmaceutical Profession and Pharmaceutical Institutions (the Pharmaceutical…
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An Overview of the UN Convention on Contracts for the International Sale of Goods If a company in the United Arab Emirates wanted to buy authentic leather abroad, most likely they would start looking for sellers in Italy. Considering that they find such an Italian company, the first step in…
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Plagiarising Copyright ‘Give credit where credit is due.’ - Author Unknown The origins of this proverb are unknown, but they are relevant in varied contexts. One can say that the concept of plagiarism efficiently sits on this axiom. But there’s another saying too; “If you steal ideas from one source…
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PHARMACEUTICAL INDUSTRY IN THE UAE What are the main laws and regulations governing pharmaceutical companies in the United Arab Emirates? The primary piece of legislation governing pharmaceutical companies in the United Arab Emirates is Federal Law Number 4 of 1983 concerning the Pharmaceutical Profession and Pharmaceutical Institutions (the Pharmaceutical Law).…
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Criminal Liability of Arbitrators in the UAE Are arbitrators above the law? Have you thought about arbitrators and the importance of their role in international arbitration tribunals? Well, arbitrators are the most crucial element of the modern alternative dispute resolution system. Their position is similar to that of judges who…
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Company Formation in Abu Dhabi Airport Business City 1. What law established this free zone? The following laws are the primary piece of legislation governing the Abu Dhabi Airport Business City (ADAB): Abu Dhabi Executive Council Resolution Number 61 of 2010 gave Sky City the authority to grant free zone status…
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Liability of Franchisors You cannot bring the Canadian winters to the UAE, but you can enjoy the warm coffee of Tim Hortons in the UAE. UAE has the answer to most of your cravings from back home, whether you are missing the butter chicken or chicken and waffle. This…
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Cloud Computing and Transfer Pricing In these times life without Netflix or Google Drive is hard to imagine, right? Accessing your all-time favorite movies from wherever you are to whenever you need without the hassle of carrying a bunch of discs and tapes wherever you go. Be it your slumber…
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