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Johannes Jonas, managing partner of Cohen & Gresser's Dubai office, explains why familiarity can create a false sense of confidence and why long-term success in the Gulf depends on understanding the region's business culture as much as its legal framework. The article examines common cultural and business mistakes made by first-time entrants and provides a practical five-point readiness checklist for companies considering expansion into the Gulf.

Redomiciliation is a relatively new process and foreign companies considering the United Arab Emirates should understand the eligibility requirements and consider the steps involved.

Business across the Middle East continues to diversify and become more sophisticated. With declining oil prices and increasing international competition, CEOs are seeking new ways of doing business.

According to the Federal Decree-Law No. (26) of 2020, amendments have been brought into some provisions of Federal Law No. (2) of 2015 including the ...

Following the introduction of the reporting requirements under the Economic Substance Rules in the UAE all businesses in the UAE

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.

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.

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

Majlis Ash'shura (which is the lower house of the Council of Oman) referred the draft unified GCC Anti-Commercial Fraud Law to the State Council without changes, during its 12th ordinary session...

The UAE's new Civil Code introduces significant changes affecting construction and Muqawala contracts, including provisions on negotiation obligations, disclosure requirements, exceptional unforeseen circumstances, and liquidated damages. Understanding these key provisions and their practical implications is essential for parties involved in construction projects operating under the new legal framework.

The court's procedure under the UAE is well known for its language requirements. Generally, the rules are to submit all the documents ...

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

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...

The recent emergence and rapid spread of the COVID-19 novel coronavirus has resulted in unprecedented disruptions to virtually all aspects of global and locally based commerce, ...

Question: My business agreed with a company to buy some goods in bulk and we paid the full amount owed. Later on they kept delaying delivering the goods for month after month.

Question: If the court rules in favour of the claimant (the person who filed the lawsuit), what does the court do to ensure payment is received? And is there punishment for non-compliance?

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.