In the wake of progression by implementing new legislations, the Emirate of Dubai has promulgated a new law by virtue of Law number 9 of 2020 for regulating the Family Ownership...

Debt recovery has been a common phenomenon in the everyday business life. In case a debt is constructed through a fixed amount or by any type of identifiable moveable asset, in such event...

An acronym for "special purpose acquisition company", SPACs seem to be the new investment craze among music artists and sports figures.

Despite a slight fall from their 2019 high of 11th position, the United Arab Emirates (UAE) still scores highest in the region in the latest Ease of Doing Business ranking, at 16th.

Setting up a business in a free zone in Dubai will soon become much easier and easy on the pocket!

Dubai Free Zones Council considers providing one licence to companies which would allow operation in multiple free zones.

Starting your own business is one of the most exciting decisions you can take. But it is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing financial issues that may lead to bankruptcy.

Article 201 of the UAE Bankruptcy Law also entitles a court to order imprisonment in certain circumstances, including where there has been a failure to share information with a bankruptcy trustee.

Amy Choudhary considers how the Qatar sanctions might affect the contractual obligation(s) of entities and whether performance can be discharged on the grounds of frustration.

There has been much discussion in the media regarding the use of virtual private networks (VPNs) in the United Arab Emirates (UAE), triggered by the recently announced Federal Law No. (12) of 2016 (the Amendment), which amends Federal Decree-Law No. (5) of 2012 on Combating Cybercrimes (the Law).

Nominated subcontractors continue to be a cause for dispute where there is delay or defective work by that subcontractor.

The years 2019 – 2020 saw the real estate market being impacted across the world due to the negative impact of Covid-19.

What is the current business climate in your jurisdiction including major political, economic and/or legal activities on the horizon in your country that could have a big impact on businesses?

The Emirate of Dubai is currently experiencing a period of unprecedented economic growth and prosperity. There is much interest from investors who wish to establish a presence in Dubai to take advantage...

The UAE Federal Tax Authority has introduced new supplier verification and supply validation requirements that fundamentally alter VAT compliance obligations. Taxable persons must now implement comprehensive due diligence processes to confirm the authenticity of suppliers and transactions before claiming VAT refunds. This regulatory shift places unprecedented responsibility on businesses to actively validate the legitimacy of their supply chain transactions.

In 2023, the Emirate of Ras Al Khaimah, in the United Arab Emirates ("UAE"), made a significant leap in the digital and virtual assets landscape by launching the RAK Digital Assets Oasis ("RAK DAO")...

This article considers certain issues that may arise as a result of a lack of proper corporate and succession planning, and the challenges that local businesses, including family businesses, may face as a result.

Federal Law No. 3 OF 2022 Regulating Commercial Agencies (the "Commercial Agencies Law"), which came into effect on 15th June 2023 (the "Effective Date")...

In this episode of Voices for Change, Rima Hadid, general counsel of Emirates Investment Authority (EIA), talks to A&O Shearman senior manager, Justin Farrance...

In the current era of competition and innovation, keeping your intellectual property (IP) safe has never been more crucial.