As of May 20th drivers who pass their test in the UAE can now exchange their licence for a British one without the need to repeat their driving test if they move to the UK. After a detailed analysis by the UK’s Driver and Vehicle Licensing Agency (DVLA), British officials said they were satisfied that […]
UAE Driving License Can Now Be Exchanged for UK Ones without Retesting Read More »
UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1st, 2021, Foreigners opening a company in the United Arab Emirates will no longer need an Emirati shareholder or agent effective of June 1 This decision has been long-anticipated and will have a major effect the countries global
UAE Allows 100% Foreign Business Ownership from June 1 Read More »
The employment contract is a binding contract upon both parties which shall resulted in mutual legal obligations between the parties along with the contractual obligations set out by the contract; provided that the contract’s conditions shall not be contradict with the provision of law, regulations and public morals, unless it was better for the laborer.
Mutual Legal Obligations between Two Parties Read More »
His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (8) of 2021, according to Law, the Chief Executive Officer is appointed by a resolution issued by the Chairman of The Executive Council of Dubai. The Law also specifies the financial benefits, performance indicators and holidays for Chief Executive Officers and the procedures for
A New Law: Appointment and Benefits of CEO’s in Dubai Read More »
The UAE Ministry, in a continuing attempt to go Digital, adopts blockchain technology for its legal notary services. The digital transformation of notary services will enable customers to complete transactions using their digital ID (UAE PASS), whether they are inside or outside the UAE. Implementing these modern systems will provide fast, easy and safe digital
Blockchain to Be Used for Notary Services Read More »
The protection of one’s wealth and legacy are the least understood aspect of life in the UAE. In the absence of a Will, transferring your assets after death could take longer and be more expensive. Whether you’re a Muslim national or non-Muslim expat, having a Will in place, with the help of a legal consultant,
Advice on Wills – Dividing Inheritance Read More »
A new regulation was posted to the Official Gazette from the Central Bank on March 31st 2021 and now come in to effect on April 30th 2021 outlining, precautionary requirements and behavior for specialized banks. The Central Bank stated that banks and financial institutions would be held responsible for bearing the cost of compensation for
The world is in a ‘digital era’. This has been further confirmed by the latest announcement of, the UAE’s first independent digital bank, ‘Zand’. In a recent statement by Mohamed Alabbar, the Chairman of Zand, he stated: “As the first fully independent digital bank in the country, with a full UAE banking license, Zand will
UAE Launches First Digital Bank Read More »
What Not to Put in Your Will? Making a Will is highly encouraged by international law firms in Dubai. Under the Law of Inheritance, if a deceased expat does not have a Will, the UAE courts will decide the distribution of your assets. A Will is a legal document that secures and distributes your assets
What You Shouldn’t Include in Your Will Read More »
While remote working is now construed as the new normal, the desktop revolution comes with its own challenges to building new and successful work environments and structures. A key aspect that has not been often addressed is the tax implications of remote working and the complexities around it. Historically, physical presence is what drove tax
The Remote Working Revolution and its Tax Implications Read More »
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