In this episode, John speaks to Nicholas Cully who is Managing Director Sovereign Middle East And Group Sales Director.

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.

As we are approaching the end of the first quarter of 2020, which for various companies marks the end of their fiscal year, shareholders and managers begin to plan their annual general meetings.

The UAE is currently experiencing significant growth and shows little signs of slowing for 2025. To ensure that the growth does not slow and that the infrastructure keeps up accordingly...

The enactment of the Federal Decree-Law No. 47 of 2022 has marked a significant shift in the UAE's corporate tax landscape. At the heart of this law lies the designation...

The past year has seen big changes for companies operating in the United Arab Emirates and beyond. Let's take a look at some issues and events that are likely to affect the way business is done in 2016.

On August 28, 2020, a new Cabinet Resolution came into effect, to regulate the procedures of a real beneficiary for corporate entities.

Many recent changes have been made to build a flexible business environment in furtherance to the vision of the United Arab Emirates to make the country the leading business hub in the region, one that establishes a business-friendly environment.

Kingdom of Bahrain through recent amendments via Legislative Decree No. 1 of 2018 amended law on Commercial Companies Law ("CCL")

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.

In a limited liability company the manger can be appointed in the company’s memorandum of association or in a separate agreement.

In line with international efforts to bring greater transparency to the beneficial ownership of global corporations, in order to fight money laundering and terrorist financing, the Dubai International Financial Centre's ("DIFC") new Ultimate Beneficial Ownership Regulations recently came into force.

On September 18 2009 the Dubai International Financial Centre (DIFC) announced amendments to the DIFC Companies Law (2/2009).

The UAE media has given wide coverage to a recent statement by HE Sultan bin Saeed Al Mansouri, the UAE Minister of Economy, in which he confirmed that a draft federal law dealing with small and medium enterprises ("SMEs") shall soon be presented to the UAE Cabinet for approval.

Corporate governance is not merely a compliance exercise; from a business perspective, it is a condition for stability and sustainable growth. It clarifies authority, allocates responsibility...

The regulatory body of the world's leading free zone, the Dubai Multi Commodities Centre (DMCC) has implemented ...

Our clients frequently ask whether it is possible to pledge the shares of a limited liability company incorporated under the Federal Law No. 8 of 1984 concerning Commercial Companies (Companies Law), (UAE LLC) following a relatively recent announcement by the Dubai Department of Economic Development (DED) in which the DED indicated a willingness to record such pledges.

A presidential decree was passed in the United Arab Emirates on November 23rd, 2020, under which some imperative changes were made in the federal law no. 2 of 2015, namely the companies law.

As the UAE strengthens its position as a leading international financial hub, boards of DIFC and ADGM entities face mounting pressure to demonstrate sound decision-making and robust governance. Regulators increasingly expect clear evidence that governance arrangements work effectively in practice, not just on paper. With enhanced scrutiny on oversight, compliance, and risk management, boards must show how decisions are reached, risks are assessed, and actions are followed through.

What are the duties and liabilities of managers and directors in the UAE and how best to manage them? This article provides guidance.