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Cavenwell AE
The enactment of the Federal Decree-Law No. 47 of 2022 has marked a significant shift in the UAE's corporate tax landscape. At the heart of this law lies the designation...
Integriti Law
The Abu Dhabi Global Markets (ADGM) is a financial free zone in the United Arab Emirates (UAE), having its own Courts and legal system modelled on English common law.
BSA Ahmad Bin Hezeem & Associates LLP
On June 28, 2022, the Saudi Council of Ministers in the Kingdom of Saudi Arabia (the ‘Kingdom' or ‘KSA') approved the new Companies Law (the ‘New Companies Law') under Saudi Arabia Cabinet...
Abdo Rafiq & Partners
The United Arab Emirates (UAE) is a regional trade hub and a key destination for international investors looking to tap the Middle East markets.
Awatif Mohammad Shoqi Advocates & Legal Consultancy
Many recent changes have been made to build a flexible business environment in furtherance to the vision of the United Arab Emirates to make the country the leading business hub in the region, one that establishes a business-friendly environment.
Mayer Brown
Article 201 of the UAE Bankruptcy Law also entitles a court to order imprisonment in certain circumstances, including where there has been a failure to share information with a bankruptcy trustee.
BSA Ahmad Bin Hezeem & Associates LLP
The rise in the number of companies facing severe financial distress is an unavoidable fact of today's economic market.
Awatif Mohammad Shoqi Advocates & Legal Consultancy
A presidential decree was passed in the United Arab Emirates on November 23rd, 2020, under which some imperative changes were made in the federal law no. 2 of 2015, namely the companies law.
BSA Ahmad Bin Hezeem & Associates LLP
For those busy insurance/reinsurance professionals out there, BSA have provided a snap-shot of last year's UAE insurance laws and what to watch out for in 2021.
SCHLÜTER GRAF Legal Consultants
El 23 de noviembre de 2020, el gobierno de los Emiratos Árabes Unidos introdujo cambios sustanciales en la Ley Federal No. 2 de 2015 sobre Sociedades Comerciales.
Fichte & Co Legal Consultancy LLC
On August 28, 2020, a new Cabinet Resolution came into effect, to regulate the procedures of a real beneficiary for corporate entities.
Ius Laboris
What are the duties and liabilities of managers and directors in the UAE and how best to manage them? This article provides guidance.
STA Law Firm
Abu Dhabi's decision to set up a financial center, known as the Abu Dhabi Global Market ("ADGM") has opened doors for international business.
CGLytics
An ongoing investigation into the financial scandal involving NMC, the biggest private provider of healthcare in the United Arab Emirates (UAE) and a previously listed FTSE 100 company, has...
STA Law Firm
Business transactions around the world often involve mergers, acquisitions or take-overs. Such transactions of the business organizations ...
STA Law Firm
Regulations in the business world are essential and a mechanism to protect workers, public safety, businesses, and investments. However, regulations which are inefficient or inadequate can indeed...
BSA Ahmad Bin Hezeem & Associates LLP
As we are approaching the end of the first quarter of 2020, which for various companies marks the end of their fiscal year, shareholders and managers begin to plan their annual general meetings.
Ocorian
The regulatory body of the world's leading free zone, the Dubai Multi Commodities Centre (DMCC) has implemented ...
STA Law Firm
Kingdom of Bahrain through recent amendments via Legislative Decree No. 1 of 2018 amended law on Commercial Companies Law ("CCL")
Abdelaziz Alhanaee
Similar provisions also apply to the general manager of the LLC. Article 219 of the UAE Commercial Companies Law provides that "It shall be mentioned that the company is an LLC, along with the company's capital.
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