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In Islamic Finance, the term wakala describes an agency or a delegated authority where a muwakkil (principal) appoints the wakil (agent) to carry out a specific job on behalf of the muwakkil.

Setting up a business in the United Arab Emirates (UAE) involves careful planning, here are some essential factors to keep in mind

Dubai: In the UAE, workers have the right to switch jobs as long as they follow the regulations outlined in the country's Labour Law. A current employer cannot prevent...

The United Arab Emirates (UAE) is a federation of seven emirates located on the northeastern side of the Arabian Peninsula. Each of the seven emirates governs themselves with local laws, while federal laws govern some specific substantive areas (i.e., intellectual property, labor and employment).

The history of Free Zones in the UAE dates to more than 30 years ago, when the first free zone was established in 1985, in Jebel Ali area in Dubai.

The UAE is a global business hub and it consistently attracts investments from across the world with its favorable business conditions.

TMF Group, in association with ACCA, looks at the big issues that are facing businesses planning to set up or expand in the United Arab Emirates.

In late June 2025, the United Arab Emirates ("UAE") Ministry of Finance ("MoF") released official and updated guidance on the Mutual Agreement Procedure ("MAP"). A MAP is a treaty-based framework that enables taxpayers to resolve double...

The UAE Corporate Tax regime does not only affect companies that are established and resident in the country. Foreign businesses, investors and individuals operating from abroad...

Now is a time when there is a real focus on transparency in financial markets and evidence of opportunistic acquisitions of equity stocks depressed by negative market sentiment.

The introduction of the Corporate Income Tax (CIT) in the UAE is not just a new tax policy; it's a tectonic shift in the nation's financial architecture.

The United Arab Emirates has made significant strides in promoting and regulating electronic commerce (e-commerce) to keep pace with technological advancements and foster digital transformation.

A branch company or a representative office set up is considered as one of the best option to retain 100% foreign ownership in United Arab Emirates.

BLK Partners is a multi-jurisdictional law firm operating across Saudi Arabia, UAE, Lebanon, and Egypt, providing comprehensive legal services under a unified trademark while maintaining independent registrations in each jurisdiction. The firm's newsroom showcases expertise spanning maritime law, fintech regulation, corporate governance, real estate, employment law, and public-private partnerships, with particular focus on Middle Eastern legal developments and Vision 2030 initiatives.

El 23 de noviembre de 2020, el gobierno de los Emiratos Árabes Unidos introdujo cambios sustanciales en la Ley Federal No. 2 de 2015 sobre Sociedades Comerciales.

Family is the core of Arab society. It is no coincidence then that family businesses are the backbone of its economies. In fact, most private companies in the Gulf Cooperation Council (GCC)...

The guarantee is considered a fundamental legal tool to ensure the fulfillment of financial obligations in commercial and personal transactions.

In the context of the continuous development of corporate structures and the expansion of activities through multiple entities, a precise legal question arises concerning the extent of a parent...