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
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
An intersection of academia and ambition, where the pursuit of knowledge meets the allure of entrepreneurship. Dubai International Academic City (DIAC) isn’t your ordinary educational landscape’s your canvas. If you are an entrepreneur and looking into an academic entrepreneurship journey, we are going to provide insight into the comprehensive setup process, associated costs, and notable...Read More
Are you considering filing for bankruptcy in the United Arab Emirates (UAE)? Bankruptcy can be a complex legal process, but understanding the key aspects can help you navigate it more effectively. This FAQ is going to be your guide for filing for bankruptcy in the UAE. 1. Who Can Avail of Benefits from the UAE...Read More
Are you considering establishing your business in Dubai Internet City (DIC)? This vibrant hub within the UAE offers a conducive environment for information and communications technology (ICT) companies. In this guide, we’ll walk you through the legal essentials, required documents, and the myriad benefits awaiting entrepreneurs in DIC. I. Legal Requirements for DIC Company Set-Up:...Read More
The legal landscape of arbitration in the United Arab Emirates (UAE) has transformed with the enactment of Federal Decree-Law No. 15 of 2023. These amendments, effective on September 16, 2023, signify a progressive shift in the UAE’s arbitration framework. Let’s delve into the core modifications: 1. A Closer Look at Article 10 Let’s start by...Read More
100% foreign ownership, zero income tax for 50 years, and a dynamic hub nestled at the heart of Dubai’s iconic World Trade Centre. As businesses worldwide expand, DWTC beckons with a fact worth noting: it’s not merely a business destination; it’s an oasis of innovation. If you are an entrepreneur who’s awaiting an entrepreneurship journey...Read More
In the heart of Dubai lies an opportunity for entrepreneurs to elevate their businesses to new heights – the Dubai Multi Commodities Centre (DMCC) Free Zone. Awarded the “Global Free Zone of The Year” five times, DMCC is a bustling hub hosting over 16,000 companies. Let’s explore the legal aspects of setting up your business...Read More
