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Beale & Company (Middle East)
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Tel: +971 4 356 3900
Fax: +971 4 356 3901
Office 1009, 10th Floor, Index Tower
Dubai International Financial Centre
PO Box 506984
United Arab Emirates
By Sadaff Habib
The United Arab Emirates, a popular tax haven, will succumb to its first direct tax- the value added tax. The New Year will ring in a VAT in the UAE at a moderate rate of 5% (worldwide VAT levels range from 0% to 25%).
By Antony Smith
Whilst most EU sanctions on Iran related activity have been lifted, restrictions on the export of certain items and on dealings with specific persons and entities remain in place.
By Will Buckby, Royston Pendley
In delivering a construction project, a contractor or consultant must also comply with the Saudi Building Code.
By Ben Mellors, Natalie Ledger
The DIAC-DIFC DRA Memorandum of Understanding (MoU), and the new DIFC-LCIA Arbitration Rules come into force.
By Natalie Ledger
At the International Contract Users Conference held in London from 6 to 7 December 2016, FIDIC unveiled its proposed revisions to the 1999 Rainbow Suite of standard form contracts ...
By Claire Miller, Komal Fayyaz
Pursuant to these rules, parties to a DIAC arbitration are free to agree in writing on the seat of arbitration.
By Sadaff Habib
Recently, it was announced that a new draft arbitration law has been submitted to His Highness Sheikh Khalifa bin Zayed bin Sultan Al Nahyan for his approval and that the law is likely to come into effect...
By Will Buckby
In March 2017, Beale & Company (Middle East) hosted its first in a series of industry focused roundtables for our consultant clients and friends.
By Claire Miller, Komal Fayyaz
The Dubai International Arbitration Centre (DIAC), established in 1994, is an arbitration centre located in 'onshore' Dubai (i.e. outside of the free zone areas located within Dubai).