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Patent Laws in the UAE (Part 1 of 2) Guidance to readers: This is the first part of a two-part series on various aspects of patent law in the United Arab Emirates (UAE) including statutory interpretation, dispute resolution mechanism, judicial authority, patent infringement, enforcement, rights of patent holders, procedural aspects and…
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Insolvency Law in the UAE With UAE’s emergence as a global business hub, owing to its flexible economic structure and numerous free zones, financial bankruptcy and insolvency was an issue that plagued investors and individuals. To address this, the UAE introduced Federal Law Number 9 of 2016, otherwise known as…
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Money Laundering Law in the UAE “When spider webs unite, they can tie up a lion” The above proverb/saying does hold good when it comes to white collar crimes and economic offenses and it goes without saying that continued attempts by criminal organizations to launder money lead to a corrosive…
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UAE Compan’s 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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Investors’ Due Diligence Before Purchasing Real Estate in Dubai Numerous authors, legal professionals, bankers and jurists have written papers on the increased foreclosure rates preceding 2008 in the United States' real estate market. This predicament led to a domino effect of issues on mortgages, (the infamous) collateral debt obligations and other…
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CCTV & Invasion to Privacy in the GCC The world in this millennium is techno-dependent for almost every aspect of life whether its payment of debts through credit card, entering into contracts by parties distant through online, i.e. e-contracts, e-booking of railway or air tickets and even social networking platforms.…
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Musataha Agreements in the UAE Introduction The Rights of Musataha is a vital tool for real estate development in the United Arab Emirates (UAE). It enables the investors to establish stable and safe investment projects whilst achieving the adequate balance between the rights of the proprietor and those of the…
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Security Tokens and Blockchain- An Edge over other Jurisdictions The new age of technology and interconnectivity around the globe and beyond has revolutionized the methods in which we carry out the activities of daily life. Communication, banking, shopping, travelling- technology has eased these areas of our lives to a simple…
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Owners Association in Dubai “Home ownership is the cornerstone of a strong community.” – Rick Renzi On the bright sunny morning on 9 November 1987, the United States District Court (E.D. Virginia - Alexandria Division) ruled on a very important question in the real estate sector at that stage –…
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Reciprocating Territory and Superior Court in the Indian Civil Procedurs Code George SK and N. Anand The Ministry of Law and Justice of India has passed a notification on 17 January 2020 in the official Gazette of India declaring United Arab Emirates to be a reciprocating territory in respect with Explanation…
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Commercial Agency and Distribution Agreements in the UAE “We become what we behold. We shape our tools, and thereafter our tools shape us.” …
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Liquidated Damages upon Contract Termination Liquidated damages while not present in every contract, there will arise occasions where liquidated damages are mentioned within contracts and provide necessary assurance and security. There are numerous benefits, though also some drawbacks to this type of clause. The method of awarding damages also differs…
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The Countermeasures against Narcotic Drugs and Psychotropic Substances under drug laws in the UAE “Drugs are reality’s legal loopholes." Jeremy P. Johnson Drugs have destroyed many lives; however, flawed governmental laws have killed many more. After years of drug regulations set in place, the world is still facing the same…
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Value Added Tax Penalties in the United Arab Emirates Abstract: Value Added Tax (VAT) is an indirect tax levied on consumption or the use of goods and services at each stage in the chain of its production and distribution; from raw material to its final sale based on the price…
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