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May 3, 2023
INVEST IN REAL ESTATE
With the growing urbanization and increasing standard of living, having a decent home with all the facilities has become an absolute necessity nowadays. To satiate the augmenting demands, new residential units are being constructed in the real estate sector. In the last couple of years, this sector has yielded unexpected returns and becomes a major...
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ECONOMIC OFFENDERS
In the last couple of decades, UAE emerged as a cosmopolitan hub offering wide range of investment opportunities. However, with the increase in business transactions, the financial crimes such as Money laundering or terrorism have also raised at an alarming rate. Recently, UAE government has come up with a national strategy to combat such crimes...
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NEVER USE FAKE DEGREE IN UAE
In the last 2-3 years, there has been an alarming rise in the cases wherein fake educational degrees are used to get employment in UAE. Particularly, in the year 2018, around 100 such cases were detected. In the Article, we will explore legal provisions pertaining to the use of fake degrees, and the prescribed punishment...
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LANDMARK CHANGES IN UAE DRUG LAW
Recently, the UAE government made a landmark amendment in its anti drug law by issuing the Federal Decree No. (30) of 2021. Over the last few decades, UAE has been looked upon as a country having the harshest drug laws with stringent punishments for the usage of cannabis to over-the-counter medications like narcotics, sedatives and...
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Coming as a big relief for all the taxpayers, the UAE cabinet of ministers recently issued the Federal Law No. (7) of 2021 relating to the tax dispute and resolution in the UAE. This law has amended the provisions of Federal Law No. 7 of 2017. In this new law, some major changes have been...
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RIGHT ACTIVITY FOR YOUR BUSINESS
Copyright refers to the legal right of an individual over the creativity of his/her mind. It gives the owner an exclusive right to adapt, disseminate, and create copies of the original work. It is mainly intended to protect the creativity of an artist from the exploitation of others and give due credit to his work....
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Untitled-31
A registered trademark not only provides an identity to the business but it also induces confidence in the customer regarding the qualitative superiority of the product. In literal terms, “unfair competition” refers to the adoption of unfair or dishonest practices to gain an edge over the competitors. This term is widely used in the context...
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CORPORATE RESTRUCTURING
After the covid-19 pandemic and the subsequent lockdown, the whole world has shifted to a virtual platform. All the business transactions are required to operate remotely and it led to the signing of documents electronically. In common words, it is known as e-signature. One of the most widely used e-signature is “Digital Signature”. What is...
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BANKING AND FINANCE
From 11th April, 2022, the Government of UAE will not issue residence visa stamps to the foreign nationals residing in the country. In an official announcement, the  Federal Authority for Identity, Citizenship, Customs and Ports Security stated that UAE expatriates will receive an Emirate Identity Card (ID Card) in place of the earlier visa permits....
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ADR AND DEBT RECOVERY
In UAE, the use of the internet for prostitution and other illicit activities will attract imprisonment and a fine of AED 1 million. In this era of the internet, there is an alarming rise in incidents involving fake news, bullying, harassment, prostitution, etc. To curb this menace, UAE issued Federal Decree-Law No. 34 of 2021...
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