The Dubai Court of Cassation recently rendered significant decisions, shedding light on the scope of arbitration clauses in construction contracts, specifically regarding subsequent purchase orders. In Case No. 828 of 2023, the Court clarified that an arbitration clauses in the original contract extends to cover disputes arising from subsequent purchase orders related to the same...Read More
Q1: What is a Joint Venture, and Why Should I Consider It in the UAE? Answer: A joint venture (JV) is a business arrangement where two or more companies come together to collaborate on a specific project or goal while remaining independent entities. In the UAE, it’s a popular choice for foreign investors looking to...Read More
Are you aware of the legal intricacies surrounding bankruptcy proceedings in the United Arab Emirates (UAE)? In recent years, Dubai Courts have witnessed a surge in debtor-led bankruptcy cases, shedding light on the complex interplay between civil and criminal law, as well as the liability of company directors and managers. Let’s delve into this multifaceted...Read More
Dubai’s real estate market is attractive to many, thanks to its high standard of living and secure environment. But when buying property, the ownership structure you choose can significantly impact your investment. However, ensuring your Dubai property deal is safe requires understanding the ownership structures and legal procedures involved. Here’s what you need know: Understanding...Read More
Are you an aspiring entrepreneur or an established business owner looking to expand your horizons?There is a strategic location that not only offers a gateway to the markets of the Middle East but also provides unparalleled incentives for growth. Welcome to Dubai Airport Free Zone (DAFZA). Setting up a business in a foreign land may...Read More
In this series of frequently asked questions (FAQs), we delve into the diverse landscape of Sharjah Free Zones business hubs, each designed to cater to unique industries and entrepreneurial needs. From the established Sharjah Airport International Free Zone (SAIFZ) to the innovative Sharjah Media City (SHAMS), the publishing-focused Sharjah Publishing City Free Zone (SPCFZ), the...Read More
Did you know that Dubai’s South Free Zone spans 140 square kilometers, making it a logistical and aviation powerhouse? Or that it allows 100% repatriation of capital, giving your business unparalleled financial flexibility? Well, welcome to the gateway of opportunities in the heart of Dubai South! Whether you’re launching a startup or expanding your business...Read More
Abu Dhabi Free Zones are special areas in Abu Dhabi that offer many benefits to businesses. They help companies grow by providing tax exemptions, 100% foreign ownership, and world-class facilities. These zones attract foreign investment and make business operations and thriving easier. 1. What are Abu Dhabi Free Zones? Abu Dhabi Free Zones are designated...Read More
Dubai stands as a global business hub, and within its beating heart lies the Meydan Free Zone, established in 2009 under Ruler’s Decree No. 5. Now imagine this: a location minutes away from Downtown Dubai, with access to vital commercial hubs and major transportation links. It’s surely a strategic gateway for businesses. Here is an...Read More
Just as every entrepreneur dreams of opening a company, there comes a time when knowing how to shut the doors properly is equally essential. Closing a company is never an easy decision. Whether it’s due to financial struggles, a change in business direction, or any other reason, it’s essential to follow the proper legal procedures....Read More
