United Arab Emirates has made its mark as the go-to jurisdiction for commercial trade for countries all across the globe. While there is no doubt that UAE is the preferred destination for setting up new businesses, opening up...more
The crypto industry has seen an immense growth in the last few years, with several countries introducing laws to regulate them.
Cryptocurrencies are digital assets representing value which can be digitally stored, traded,...more
Human trafficking, generally understood to mean the trade of humans for forced labour, slavery, exploitation including sexual.
The United Arab Emirates prohibits human trafficking through a governing legislation, called...more
Trespassing, in common parlance, means entering and /or staying at a person’s property without the permission of such person.
Meaning of Trespassing-
Like in many other jurisdictions, trespassing is also an offence under...more
Energy regulations in the UAE are spread across different Emirates, with Emirates like Abu Dhabi and Dubai having their own laws and regulations.
Background-
The United Arab Emirates is a federation made up of seven...more
7/13/2022
/ Arbitration ,
Clean Energy ,
Contract Disputes ,
Department of Energy (DOE) ,
DIFC ,
Energy Efficiency ,
Energy Sector ,
Greenhouse Gas Emissions ,
Policies and Procedures ,
Sustainability ,
United Arab Emirates (UAE)
The UAE has not imposed corporate taxes on profits of most corporations or other businesses historically. That said, the Government of UAE will be introducing corporate tax to be levied on businesses, effective for financial...more
7/6/2022
/ Business Licenses ,
Business Taxes ,
Corporate Taxes ,
Double Taxation ,
Investment ,
Ministry of Finance ,
Royalties ,
Tax Free Zones ,
Transparency ,
United Arab Emirates (UAE) ,
Withholding Tax
If you have never been involved in a court proceeding in the UAE, chances are that you may not be familiar with the phrase “memorandum of defense”. However, it may be relevant to know this term and the process of litigation...more
Intellectual property rights are protected in the UAE through a set of federal laws. While intellectual property consists of a broad-spectrum of rights, including trademarks, copyright, patents, designs, geographical...more
The United Arab Emirates has strict laws against begging and fundraising through unlicensed charities, which have been introduced and amended to preserve the image of the UAE, fight begging and organized begging, prevent...more
6/1/2022
/ Authentication ,
Charitable Donations ,
Cyber Crimes ,
Deceptive Intent ,
Donations ,
Donors ,
Fraud ,
Fund-raising ,
Information Technology ,
Penal Code ,
Public Charities ,
Terrorism Funding
In all nations, laws are enforced by various governmental machineries, such as the police and courts through administration of the criminal justice system.
In the United Arab Emirates, the criminal law is governed by...more
The law related to cheque bounce has undergone a change in recent times in the UAE. The law on cheque bounce in the UAE is codified in the Federal Law No 18 of 1993 concerning commercial transactions law (Commercial...more
Virtual asset is an innovative technology representing value which could be stored, traded, transferred or used as a payment tool in a digital form. Bitcoin, crypto assets, non-fungible tokens (NFTs) are all virtual assets. ...more
5/9/2022
/ Abu Dhabi Global Markets (ADGM) ,
Bitcoin ,
Blockchain ,
Cryptoassets ,
Digital Assets ,
FATF ,
Financial Services Authority ,
International Finance ,
Non-Fungible Tokens (NFTs) ,
Regulatory Authority ,
Technology ,
United Arab Emirates (UAE) ,
Virtual Currency
The UAE is home to around 8.84 million who belong to various nationalities and include amongst other South Asians, Europeans etc constituting approximately 89 per cent of the total population of the country. The term ‘family...more