In each transaction we make as consumers, including both online or in person, a contract serves as the best tool to understand and avoid unnecessary issues.

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.

The Abu Dhabi Global Market (the ADGM) and the Abu Dhabi Department of Economic Development (the DED)

As widely reported, the UAE government announced on 1 April 2015 that the new UAE Commercial Companies Law (Federal Law No. 2 of 2015) had been passed into law.

Typically, DED is working on the case to case basis as there is no critical guideline for them to offer a certain percentage to the foreign owner.

UAE Cabinet passed Decision No. 58 / 2020 to regulate disclosure by corporate entities in the UAE mainland and in the non-financial free zones at the initial incorporation/registration stage

The new law came into force on 28 October 2017.

The Trinidad and Tobago Parliament brought Companies (Amendment) Act, 2019 into force on April 4th, 2019. The main objective of enacting the amendments is to address the pitfalls in the Companies Act

The CCL has introduced a raft of changes to facilitate capital markets transactions. Further SCA regulation will flesh out the detail of the CCL provisions.

We have recently experienced an increase in mandates concerning disputes between shareholders and the Board of a Cayman company, which in many cases...

Between October 4-6, 2021, Shearman & Sterling sponsored the World Hydrogen Congress. During the conference, partner Dan Feldman, Leader of Shearman & Sterling's Global Hydrogen Industry Team...

Question: I have a small company in the UAE and I signed a contract with an international company. The contract states that any dispute that arises from a breach of the contract has to be decided in the court

The Federal Cabinet issued the Cabinet Resolution No 58/2020 (the "UBO Regulations") last year. The UBO Regulations applies to...

The Middle East has for some years been the port of first call for many UK retailers looking to internationalise their business.

A friend owes me money and I took pity on him and emailed him to say that I didn't want it back.

Question: A friend owes me money and I took pity on him and emailed him to say that I didn't want it back. However, he felt offended and replied insisting that he would give me it back...

Declaration of money, precious stones and metals and negotiable currencies or financial instruments in possession of inbound and outbound travellers or shipping companies...

Risk management has evolved significantly over the years, adapting to the changing landscape of global business, technology and regulations. Here is a historical perspective on how risk management has evolved over the years.

Prior to the recent amendment of the Federal Law No.2 of 2015 and its amendments (‘UAE Commercial Companies Law'), it was a mandatory requirement for expats to have a local sponsor to be appointed in the company.

The International Federation of Accountants (IFAC) is the global body for the accountancy profession, uniting more than 180 member organizations...