FICHTE WEBINAR: COVID-19 and Employment Law in the UAE
Free Live Webinar To help employers and employees better understand the current developments, including some temporary measures introduced in the UAE, Fichte & Co recently hosted a free live webinar. Our Associate, DR. Laura Voda and Seniors Associate, Moaz Forawi talked about the Ministerial Resolution 279, the scope and applicability, provided clarity towards the measures …
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What Can a Buyer Do if Faced with a Cancelled Off-Plan Real Estate Project In Dubai?
Dubai property market often sees developers lure potential buyers with attractive and flexible payment plans. If you were purchasing a unit and the project has fallen through and been canceled, you are entitled to have your money refunded from the developer’s escrow account. In the below article, our Associate, Dr. Laura Voda talks about the …
Covid-19 Update on Credit Cards Payment in UAE
Commercial Lawyers of Dubai have witnessed various opportunities offered by banks for relaxation in the credit cards and loans during Covid-19 Pandemic.
Prepare your business to comply with the UAE Economic Substance Regulations
In response to an assessment of the UAE’s tax framework by the European Union (‘EU’), the UAE introduced a Resolution on the Economic Substance Regulations (the ‘Regulations’) on 30 April 2019. The Regulations require UAE mainland and free zone companies and other UAE business forms (including Dubai International Financial Centre (‘DIFC’) and Abu Dhabi Global Market …
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THE PRINCIPLE OF LIMITATION OF LIABILITY IN A LIMITED LIABILITY COMPANY
A. INTRODUCTION The protection provided by a limited liability company is an important aspect of the business structure as it allows shareholders of a company to not be personally liable for the debts of the company.
Developers’ Right to Terminate off Plan Sales to Defaulting Buyers. No Court Order Needed
Property developers in the UAE can bypass the courts and terminate contracts. In such an event, the developer shall notify the Dubai Land Department (DLD) of the buyer’s default. Our Associate, Dr. Laura Voda talks about the procedures with timelines that are to be complied with by a developer prior to termination. In 2017, His …
2020 Ramadan Etiquettes in Amidst Covid-19
The month of Ramadan is considered as the most holy month as per the Hijri Calendar as Muslims around the world are obliged to undergo fasting according to the timetable.
Dubai International Financial Centre-The London Court of International Arbitration
The DIFC-LCIA administers arbitrations and mediations. It is a joint venture between the Dubai International Financial Centre (DIFC) Arbitration Institute (DAI), and the London Court of International Arbitration (LCIA).
Impact On Working Hours During Ramadan Due To Covid-19
Although the timings in Ramadan period has been reduced and the government has removed some restrictions over travel, it is yet not safe to travel freely and it is always recommended to move out of the house only when it is necessary to prevent any further spread of the virus.
DIFC Employment Law (DIFC Law 2/2019)
On and from August 28, 2019, DIFC will see the light of the new Employment law, which applies to employers and employees, including seconded, part-time and short-term employees. This new Law will certainly catapult DIFC to the most sophisticated common law jurisdiction both in UAE and outside. The new Law will replace the current DIFC …