Are you prepared for the future? In October 2023, the landscape of pension regulations in the United Arab Emirates (UAE) underwent a significant transformation with the introduction of the New UAE Pensions Law. This comprehensive legislation brings forth crucial updates and provisions aimed at enhancing the pension system for both employers and employees. But what...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
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
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
In Dubai, where multimillion-dollar projects are the norm, the choice of dispute resolution mechanisms in construction contracts can significantly impact the outcome of any potential conflicts. Whether you are a contractor, subcontractor, or project owner, understanding these mechanisms is crucial for protecting your interests. In this blog, we will delve into the legal aspects of...Read More
In a significant development, the United Arab Emirates (UAE) has recently introduced Federal Law No. (15) of 2023, amending key provisions of the Federal Arbitration Law No. (6) of 2018. These legislative changes usher in a new era for arbitration in the UAE. Dubai: In a world where disputes can tie up resources & time,...Read More
In an era driven by technology, the United Arab Emirates (UAE) has embraced the digital revolution by incorporating digital identity and Biometrics in Contracts. This article explores the profound impact of digital identity and biometric data on UAE contracts, delving into the legal framework, challenges, and opportunities they present. Digital Identity in UAE Contracts: The...Read More
Dubai: Imagine the tension in boardrooms and the relief in HR offices as the UAE Labor Law Update has officially extended the deadline for switching from unlimited-term to fixed-term employment contracts. Yes, you heard it right! The countdown clock has been reset, and the new date on the calendar is December 31, 2023. Understanding the...Read More
The Contracts in Real Estate market in Dubai has always been marked by ambition and innovation. In keeping with this spirit, Dubai is now embracing smart contracts as a means to revolutionize property transactions. These self-executing contracts are changing the way real estate deals are made, offering efficiency, transparency, and security. Understanding the Legal Framework:...Read More