Company 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…
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Commercial Agency Law in Kuwait “Without local guides, your enemy employs the land as a weapon against you.” -Sun Tzu, The Art of War Little did the great Chinese military general, Sun Tzu, know that his guidance on how to wage a war would draw similarities in the today’s commerce…
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Re-MEDIA-ble – A discussion on contracts relevant to Media and Entertainment Industry In this Article, Zisha Rizvi discusses the ongoing trends in the Media and Entertainment Industry within the United Arab Emirates, the status of free zone media houses and a brief on the compliance requirements. “I holly- wood”. On…
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Private Equity Secondary Buyouts (SBOs) Private Equity (PE) secondary buyouts are often used as exiting strategy for investment besides initial public offerings (IPOs) or acquisitions and also considered as panic sales. In Secondary buy-outs (SBO) a Target which is owned by a PE provider and management is acquired by another…
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Dry Cleaning Your Genes ‘The good thing about science is that it’s true whether or not you believe in it’ - Dr. Neil deGrasse Tyson During the early eighties, the member states of European Union recognized the importance of Biotechnology. Whilst the United States had long held a dominating position,…
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Abu Dhabi Global Markets: Rising to the challenge Historically, finance has always been ‘international’ in character; capital has rarely been mobile. Money has moved freely across borders for all of the civilization with gold and silver being global currencies for millennia. With the passage of time, money has been reverting to its…
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The due diligence is sin qua non for the purposes of investments, acquisitions, joint ventures, partnerships or such other essential investment ventures. It provides rational assurance on the investment related to assessment, financing, and purchase of assets. The mining companies, by its nature of exploration and mining, launch itself or…
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“We’ll build a city dedicated to supporting entrepreneurs in Dubai. I invite the Arab youth to join the march of innovation and entrepreneurship,” his Highness Sheikh Mohammed bin Rashid al Maktoum, Vice President of the United Arab Emirates (UAE), Prime Minister and Ruler of Dubai asserted. Just when you think…
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“In a world that’s changing so quickly, you are guaranteed to fail, if you do not take any risks” …
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Diageo, 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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The New UAE Commercial Companies Law (Federal Law number 2 of 2015) Although the primary objective of companies law is to safeguard interests of shareholders, modern/current day investment climate dictates that the legislation dealing with companies should:- i) serve the interests of business at large; ii) provides for simple…
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Particulars COMPANY FORMATION IN JAFZA - JEBEL ALI FREE ZONE - DUBAI COMPANY FORMATION IN DUBAI AIRPORT FREE ZONE BUSINESS SETUP IN DUBAI MEDIA CITY COMPANY FORMATION IN DUBAI INTERNET CITY DUBAI GOLD & DIAMOND PARK Business Setup in Dubai Health Care City Dubai Multi Commodities Centre SHARJAH AIRPORT INTERN'L…
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Investors interested in forming their companies are required to comply with the provisions of the UAE Commercial Companies Law of 1984, as amended (the Law).The Law regulates and provides for different forms of commercial entities investors can choose from. Although expatriate investors can own one hundred percent shares in free…
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LEGAL FUNCTION AND FRAMEWORK IN ADGM What a year to be investing in the United Arab Emirates! According to statistics published by the International Monetary Fund (IMF), the nation’s GDP hit USD 419,000,000,000 (US Dollars four hundred and nineteen billion) in December 2014 – a 4.8 percent increase on…
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