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The New Maritime Law of the UAE The maritime industry has long been a cornerstone of global trade, and nowhere is this more evident than in the United Arab Emirates (UAE). As a nation with a rich maritime heritage and a strategic location at the crossroads of international shipping routes,…
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Legal matters can be stressful for many people. Lawyers in UAE know the ins and outs of the law, but they also have other skills that make them well suited to handle various legal needs. Lawyers are trained and experienced with contracts, real estate transactions, family law cases, civil litigation…
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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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Abu Dhabi Global Market (ADGM) – Special Purpose Vehicles (SPV) and Foundations As a company within the Middle East, there are many seemingly insurmountable risks, such as financing, asset transfers or high-risk opportunities, which risks previously held no viable risk mitigation alternatives. However, the ADGM now supplies a competitive entity…
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Exclusion Clauses in the UAE The Importance of Contracts and Exclusion Clauses Contracts are vital documents at all levels of society. Whether in business or everyday life, contracts are formed all the time from the simplest dealings between individuals to the most complex business deals. There may be occasions…
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Горная Промышленность Объединенных Арабских Эмиратов Горная промышленность на протяжении веков была движущей силой экономики. Будь то добыча полезных ископаемых, металлов или драгоценных камней, каждый вид горнодобывающей промышленности играет решающую роль в экономической деятельности многих государств во всем мире. Этот принцип ничем не отличается и в Объединенных Арабских Эмиратах, и хотя…
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Contract law and the position of third parties Contractual relations are relations we enter into every day of our lives, whether express or implied, whether formally or informally. When people go to the grocery store, at the check-out counter, they enter into a contractual relationship with the store. They accept…
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BASE EROSION AND PROFIT SHARING (BEPS)- TAX EVASION OF MULTINATIONAL CORPORATIONS OLD WINE IN A NEW BOTTLE Before 1961, there was a minimal focus on national tax laws upon the multinational corporation’s tax and digital economy because during that time no country taxed the foreign source. During that time the…
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MERGERS AND ACQUISITIONS: PUBLIC SHAREHOLDING COMPANIES “How do you make money? Mergers, Acquisitions and Liquidations” ~Mario Gabelli Introduction Sultan Bin Saeed Al Mansouri, MOE (Minister of Economy), and Board Chairman of the securities and commodities authority (SCA) was responsible for the introduction of a set of regulations concerning mergers…
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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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THE REGISTRATION OF SCENT TRADEMARK AND ITS ISSUES. Part II “Perfume is the most intense form of memory.” - Jean Paul Gaultier. In the previous Article concerning Registration of Smell, fragrance, olfactory marks and Aroma Trademarks – Global overview, we discussed a perspective of major countries in the world in…
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Ping!You got a Notification* “Internet is a place where nothing ever dies.” A touch is all you need to show the world your piece of art and to be liked by the viewers. Facebook posts, Instagram new filters improving your images, Snapchat 10 seconds stories to score social kudos. Endless…
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LIABILITY OF AIRCRAFT OPERATORS On 15July 2009,New York city witnessed a ‘Miracle on the Hudson River’ when flight 1549 departed New York but shortly after the take-offdue to bird strike the plane lost its two turbines.The Senior Captain Chesley ‘Sully’Sullenberger was told to return to the airport, but Sully, decided…
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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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