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Lawyers in Dubai
04 Jun 2020

Economic Substance Regulation

Economic Substance Regulation 2019 and 2020 UAE The UAE Cabinet issued the Cabinet of Ministers Resolution Number 31 of 2019 concerning economic substance regulations in the UAE (the "Regulations") on 30 April 2019. The Regulations require the UAE entities ("Relevant Entities") that carry out any of the activities listed as…

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Lawyers in Abu Dhabi
03 Jun 2020

Sweat Equity Shares

Sweat Equity Shares Sweat equity shares have proven to be a boon to the corporate world by way of promoting healthy competition and serving as a reward for the employees of the company while at the same time furthering the development of the company. Sweat equity shares are shares that…

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Lawyers in Dubai
03 Jun 2020

Software Infringement in UAE

Software Infringement in UAE Software piracy or violation of a software license, is an illegal action that occurs due to unsanctioned use, distribution, exploitation and/or reproduction of copyrighted software. With the technology roar, it is very fundamental that an economy in its full strength and thrive be able to protect…

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Lawyers in Dubai
03 Jun 2020

Competition Law in UAE

Competition Law in UAE If a certain organization succeeds in overtaking the market by outshining its competitors, then the competitors face abuse of a dominant position which leads to a competitive market being governed by erroneous marketing mechanisms. Such erroneous market mechanisms would also include within its ambit where two…

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Criminal Lawyers in Dubai
02 Jun 2020

Conspiracy for Abetment of Crimes

Law Governing Conspiracy for Abetment of Crimes Urging a person to commit an illegal act or crime is as much an offence as the carrying out of such criminal offence. Federal Law Number 3 of 1987 promulgating the Penal Code (“Code”) in the United Arab Emirates (UAE) mandates that any…

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Lawyers in Dubai
02 Jun 2020

Guide to International Arbitration

Guide to International Arbitration "When will mankind be convinced and agree to settle their difficulties by arbitration?"- Benjamin Franklin     A year ago, it seemed as if Brexit was finally about to happen. One year on, they are in the same position again. At one point, albeit, it seemed likely…

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Lawyers in Dubai
08 May 2020

The Power to Appeal

Appealing Power: The Power to Appeal Power and responsibility go hand in hand. The power to appeal renders the responsibility to seek justice, and the public prosecutors have been entrusted with such powers to seek appeals in certain civil and criminal matters in the United Arab Emirates (UAE). The courts…

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Lawyers in Dubai
04 May 2020

applicability of VAT legislation

An overview of the applicability of VAT legislation Value Added Tax (VAT) was introduced in the United Arab Emirates upon the issuance of Federal Decree Law Number 8 of 2017 and was implemented just as the year 2018 was heralded. Value Added Tax is the tax on the consumption or…

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Healthcare lawyers in UAE
04 May 2020

Termination in case of Terminal Illness, UAE

Termination in case of Terminal Illness, UAE It has been an unexpectedly enlightening experience to see patients' primary concern once they are diagnosed with a terminal illness is whether they will be able to continue working while they are receiving their treatment or not and the extent of treatment on…

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Healthcare lawyers in UAE
03 May 2020

Coronavirus as a Force Majeure Event

The Consideration of Coronavirus as a Force Majeure Event As it continues to spread globally, coronavirus (COVID-19) has effectively ensnared the world’s attention and concern by bringing it to a standstill. As of 28th March 2020, the World Health Organization has confirmed 512,701 cases of the virus worldwide and a…

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banking lawyers in Dubai
03 May 2020

Transfer of Shares in UAE

Transfer of Shares in UAE The governing of transfer of shares in a company is done by Federal Law Number 2/2015 on Commercial Companies Law (CCL) in the United Arab Emirates (UAE). The different types of companies that can be set up under the CCL comprise of a joint liability…

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Lawyers in Dubai
03 May 2020

Mutual Fund Regulations

Mutual Fund Regulations For years, it has been pointed out that the majority of funds underperform the market. But not all of them! Well-chosen funds can provide quick and easy exposure to the market's various sectors and industries, lending the portfolio the kind of diversification that can help insulate one…

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Lawyers in Dubai
16 Apr 2020

Criminal Implications of Perjury

Criminal Implications of Perjury  An Examination of the UAE Penal Code Perjury, the crime of lying under oath, is an offence that derails the fundamental goal of the justice system – the discovery of the truth. Even some notable and influential entities have not been exempt to the consequences of…

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Lawyers in Dubai
06 Apr 2020

Patent Laws in the UAE 2

Q&A on Patent Laws in the UAE (Part II of II)STA’s renowned Intellectual Property team has progressed with the second series of the Q&A on Patent Laws in the UAE based on popular demand by pundits in the intellectual property sphere. In this questionnaire, the Patent Division under the Intellectual…

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