E-LAWYER

Law Update

UAE Finfluencer Licensing brings accountability to Social Media financial advice

Law Update /

The United Arab Emirates has introduced the region’s first licensing system for finance marking a major regulatory milestone in digital financial governance. Announced by the Securities and Commodities Authority (SCA), the new Finfluencer Licence introduces mandatory registration for individuals providing financial advice or recommendations on social media and other platforms, if they have a following […]

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FTA Launches “Family Foundations as an Unincorporated Partnership” Application via EmaraTax

Law Update /

Eligible Family Foundations must be registered for Corporate Tax and can apply through the taxpayer, their Tax Agent, or legal representative. Once approved, they will no longer be required to file Corporate Tax Returns. However, individual beneficiaries must assess their tax obligations and file Corporate Tax Returns if required. Why Is This Beneficial for Family

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UAE Family Law Update: Key Changes in the Federal Personal Status Law No. 41 of 2024

Law Update /

These amendments build upon previous laws, particularly Federal Law No. 28 of 2005, and reflect the UAE’s commitment to adapting its legal framework in response to changing societal norms and international legal best practices. The most significant changes introduced and their expected impact: 1. Marriage Consent – Women No Longer Require Guardian Approval New Law

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