A glance into the latest Executive Regulations to Federal Law No. (15) of 2020 on UAE Consumer Protection
With the latest updates on the issuance of the new executive regulation of Federal Law No. 15 of 2020 on consumer protection, the Ministry of Economy once again proves that the UAE stays on top of ever-evolving rules and regulations to ensure consumer protection in this era of digital economy and e-commerce.
UPDATE ON THE UAE PRIVATE SECTOR EMIRATISATION RULES: MORE PRIVATE COMPANIES ARE NOW INCLUDED
On 11th July 2023, the Ministry of Human Resources and Emiratisation (“MoHRE”) in the UAE issued a new update on the companies subject to the Emiratisation targets in the private sector in the UAE.
The new announcement by Dubai Courts on the establishment of the first division for the inheritance of non-Muslims and the execution of their wills
Why inheritance of non-Muslims or their Wills drafting is so crucial? The principal source of inheritance legislation in the UAE is Sharia Law and it has been incorporated and codified into various legislative UAE Codes such as the UAE Personal Status Law 2005 and the UAE Civil Code 1985. In this context, Law No. 15 […]
UAE CORPORATE TAX: MINISTRY OF FINANCE ANNOUNCES PENALTIES FOR NON-COMPLIANCE
On 29th July 2023, the UAE Ministry of Finance has introduced the Cabinet Decision No. (75) of 2023 outlining the applicable administrative penalties for violations related to the application of Law No. (47) of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”).
Navigating Non-Fungible Tokens, Copyright Challenges, and Regulatory Perspectives in the UAE and EU
This paper discusses Non-Fungible Tokens (NFTs), unique digital assets that exist on a blockchain. It explores the technical aspects of NFTs, their value, and the rights they grant to their owners. It also highlights growing approaches to regulating them both in the UAE and abroad.
ADGM Courts Affirm the ADGM as a Pro-Arbitration Jurisdiction
On 26 June 2023, the ADGM Courts handed down a landmark ruling in A8 v B8[1], a case that concerned the recognition and enforcement of an arbitral award in the ADGM. Our Dispute Resolution team was fortunate enough to have represented the Claimant (and successful party) in the case.
An Arbitral Tribunal’s Discretion to Award Legal Costs in Domestic Arbitrations
A significant benefit of opting for arbitration is the authority of the arbitral tribunal to award and allocate legal costs. When cases are brought before an arbitral tribunal,
The Special Judicial Committee for Incomplete and Cancelled Real Estate Projects in the Emirate of Dubai
On the 15th of December 2020, Decree no. 33 of 2020 regarding the establishment of the special judicial committee for incomplete and Cancelled Real Estate Projects in the Emirate of Dubai
Demystifying UAE Corporate Tax
UAE has been steadfast in their commitment made under the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting and implementation of the global
Legal analysis of enforceability of assignment of arbitration clause in the light of Dubai Court of Cassation 1603/ 2022 (Commercial) verdict dated 30 March 2023.
Dubai Court of Cassation 1603/ 2022 (Commercial) verdict dated 30 March 2023 is a noteworthy verdict in the domestic legal landscape of Arbitration law and practice.
