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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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COMPANY FORMATION IN KUWAIT FREE TRADE ZONE Kuwait, also known as the Fruitful Land of the Gulfis considered to be a land of opportunities.The country’s richness lies in the natural resources like oil and gas but also the real wealth of the nation lies in its human capital as…
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COMPANY FORMATION IN RAK MARITIME CITY The hidden gemof UAE, theemirate of Ras Al Khaimah (RAK) is a mesmeric stretch of golden beaches, terracotta desert, backed up by the fiercemountains of Hajar and an ocean of Bedouin Oasis is just out of the shadow of Dubai’s extravagant skyscrapers. Thepearly-whiteand multi-domedSheikh…
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Tender and Procurement Law of Abu Dhabi What are Tender and Procurement processes? Tender and procurement are two processes that go hand in hand. You cannot have one without the other, and these processes are ones which occur in a multitude of countries and jurisdictions around the world. In a…
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Acquisitive Limitation Period Introduction "The right is not going to be lost if someone behind is demanding it” which means that one will not lose his right as long as there is a request. Hence, the legislators derived the Statute of Limitation, which says that the parties must adhere to…
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ADGM Civil Court Proceedings Abu Dhabi Global Markets (ADGM) located in the capital of UAE in the city center of Abu Dhabi is an international financial center for local, regional and international organizations. ADGM is a channel that connects UAE with the world with its essential hub for global commerce.…
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ГЛОБАЛЬНЫЙ АНАЛИЗ СОГЛАШЕНИЙ ФРАНЧАЙЗИНГА «Изоляция невозможна. Глобализация неизбежна и полезна». Введение Вы хотите создать привлекательную бизнес-модель для распространения товаров и услуг по всему миру? У вашей компании есть имидж бренда на рынке и вы хотите расширения? У вас есть уникальнй тренд, и вы хотите получить от него прибыль? Если вы…
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The Fine (and Hazy) Line between Tax Avoidance and Tax Evasion ‘The difference between tax avoidance and tax evasion is the thickness of a prison wall.’ …
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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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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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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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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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GOOD FOURTUNE- NEC4 “It’s not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” - Charles Darwin Introduction Biological evolution has been “creating” lives on this earth for almost three billion years, constantly adapting everything to an ever-changing environment. It is…
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