Leasing is considered an important aspect when it comes to the finances for the corporations, primarily in the cases of funds for the expensive capital equipment like the machinery, vehicular assets, equipment...

The international financial hub of the emirate Dubai, renowned for the presence of international companies and firms in the area has released new regulations ...

In this article we focus in the importance and relevance of discount rates in the IFRS 16 calculation.

IFRS 16 requires lessees and lessors to provide information about leasing activities within their financial statements.

Islamic finance has grown significantly over the past few years into an estimated US$2.4 trillion industry.

The UAE's Federal Decree-Law No. 32 of 2023 on Finance Lease (New Finance Lease Law), effective from 25 September 2023, replaces the 2018 Finance Lease Law. The defining criterion for a finance lease.

It is important to note that the UBO Register is not publicly available.

A careful analysis is required on the choice of transition approach, as this will not only affect financial statements at the adoption date but also for future years.

In the United Arab Emirates, there are stringent requirements for leasing… if only there was another way.

Earlier in April 2019, Ministry of Finance of United Arab Emirates (UAE) released Cabinet Resolution No 31 of 2019 (Resolution) on Economic Substance Regulations (ESR or the...

Corporate Lawyers of Dubai have elaborated the Law including the rights and obligations of lessor and lessee through this article.

Corporate Lawyers of Dubai have elaborated the Law including the rights and obligations of lessor and lessee through this article.