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New Commercial Agencies Law in the UAE The Old law was seen to be more in favor of the agents; giving a better legal stance for agents compared to that of principals. Notwithstanding, the New law comes with the spirit of striking harmony among principals and agents. Furthermore, the New…
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Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
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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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AGENCY LAWS IN THE GCC COUNTRIES Introduction The extension of the multinational partnership is either setting up its subsidiary in remote purview or to tie up with the local organization in a foreign jurisdiction. United Arab Emirates (UAE) is one of the distant locals where international organizations are going into…
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We have already highlighted in a previous article1 the fact that the Federal Law no. 18 of 19812 , also known as UAE Commercial Agency Law (the Law), has a protectionist approach favoring the Agent, defined therein as “A natural person holding the nationality of the state, or a juridical…
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Headache? Perhaps you’d take a paracetamol. Upset stomach? Maybe an indigestion pill. Cold or flu? You might consider anti-congestant medication. In the United Arab Emirates, such pharmaceuticals are easy to come by, with the majority of people likely to have a supply already to hand in their purses or bathroom…
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Развиваясь и расширяя свое присутствие в новых странах, юристы компании STA продолжают предоставлять индивидуальные юридические консультации. В этой статье обсуждает Агентское Право Катара и помогает получить подробную информацию для обеих сторон – инвесторов и агентов. В юридической компании STA работают творческие и дальновидные юристы, которые пишут статьи и помогают читателям…
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Агентские соглашения «Если вы строите каждую сделку и отношения в бизнесе и жизни, руководствуясь принципами взаимной выгоды, справедливости и правды, то прибыль не заставит себя ждать». Это высказывание нужно принять как мантру при подписании агентского соглашения. Если все агенты и заказчики будут рассматривать взаимную выгоду как высочайший стимул, каждая сторона…
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