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  • Article

    Identifying The Real Ultimate Beneficial Owner Practical Tips For Designated Non-Financial Businesses And Professions (“DNFBPs”)

    With updated regulations and a growing focus on transparency, the UAE is enhancing how businesses identify and manage financial crime risks, especially around complex ownership structures and foreign entities.
    United Arab EmiratesCorporate/Commercial Law
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    New Insolvency Law Explained

    The UAE has issued Federal Law No. 51 of 2023 in relation to insolvency (the "New Insolvency Law"), which replaces Federal Law No. 9 of 2016 and comes into effect on 1 May 2024.
    United Arab EmiratesInsolvency/Bankruptcy/Re-Structuring
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Developing Safe And Peaceful Nuclear Energy In The UAE: A Model For GCC Countries

    Since the founding of the Federation 40 years ago, the UAE has become a thriving economy, with world class infrastructure, a unique sprawling urban landscape, and a world renowned business hub attracting investment from across the globe.
    United Arab EmiratesEnergy and Natural Resources
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Awarding Legal Costs In ICC Arbitration Awards: UAE Prospective

    Nine months later the DCC issued another decision, in Commercial Case No. 756 of 2024, where the DCC revoked the Dubai Court of Appeal("DCoA"), which partially invalidate the arbitral award in regarding with awarding the legal costs
    United Arab EmiratesLitigation, Mediation & Arbitration
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Legislative Advice For Establishing LLCS And JVs

    Mark Gilligan provides an overview for new entrants to the United Arab Emirates ("UAE") who are founding limited liability companies and joint ventures, detailing the practical requirements, which will rovide more autonomy and safety when transacting businesses in the region.
    United Arab EmiratesCorporate/Commercial Law
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Enforcement Of Foreign Awards In The UAE: A U-Turn Ahead?

    It is commonplace in international arbitration theory that an arbitral award is not worth the paper it is written on unless it is easily enforceable.
    United Arab EmiratesLitigation, Mediation & Arbitration
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Director And Officer Classification Under UAE Corporate Tax: Practical Implications Of The Latest FTA Clarification

    The Federal Tax Authority (“FTA”) has issued Public Clarification CTP010, providing guidance on the meaning of “director” and “officer” for the purposes of the UAE Corporate Tax regime.
    United Arab EmiratesTax
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    UAE Investment Funds: Proposed Regulations

    On 6th January 2011 the Emirates Securities and Commodities Authority (ESCA) released a new draft regulation on investment funds in the UAE (the Regulation) for public consultation.
    United Arab EmiratesWealth Management
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Transfer Pricing Under UAE Corporate Tax: Scope, Relationships And Practical Application

    The UAE Corporate Tax regime's Transfer Pricing framework extends far beyond traditional cross-border transactions, reaching into domestic relationships, family-owned structures, and Free Zone operations.
    United Arab EmiratesTax
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Arbitration In the UAE 2011

    Is your country a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards?
    United Arab EmiratesLitigation, Mediation & Arbitration
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    The 2026 Amendments To Cabinet Decision No. 74 Of 2023: Procedural Clarification And Compliance Implications

    The UAE continues to strengthen its tax governance framework through amendments to Cabinet Decision No. 74 of 2023 on the Executive Regulation of Federal Decree-Law No. 28 of 2022 on Tax Procedures, and its amendments...
    United Arab EmiratesTax
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    One Month To Go: Are Your Contracts Ready For The New Civil Code?

    On 1 June 2026 (the “Effective Date”), Federal Decree-Law No. 25/2025 promulgating the Civil Transaction Law (the “New Civil Code”) comes into force. As a result, some of its mandatory...
    United Arab EmiratesCorporate/Commercial Law
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    UAE Tax Compliance: Implications Of Current Regional Developments

    Periods of geopolitical uncertainty often prompt businesses to reassess how external disruptions may affect their legal and operational obligations
    United Arab EmiratesTax
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    Enforcement Of New York Convention Awards: Are The UAE Courts Coming Of Age?

    The New York Convention on the Recognition and Enforcement of Foreign Awards is one of the most successful international enforcement instruments in history.
    United Arab EmiratesLitigation, Mediation & Arbitration
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    The International Sports Arbitration System

    Nowadays the CAS is the highest tribunal in the hierarchy of arbitration in football-related disputes. Therefore, through its jurisprudence, which has developed during the last few years through several cases...
    United Arab EmiratesLitigation, Mediation & Arbitration
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    UAE Insolvency Laws Exist!

    When times were good in the UAE, specifically in Dubai, there was seldom any reason for an insolvency case.
    United Arab EmiratesFinance and Banking
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    A Landmark Reform For Egypt's Workforce

    Egypt has enacted the New Labor Law of 2025 — a milestone in protecting workers' rights, promoting fair employment, and aligning national regulations with international standards.
    EgyptEmployment and HR
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    R&D Tax Credits In The UAE: From Legislative Design To Practical Application Under The Corporate Tax Regime

    The introduction of Corporate Tax in the United Arab Emirates (“UAE”) marked a significant shift from a largely tax neutral environment to a structured fiscal regime aligned with international standards.
    United Arab EmiratesTax
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    The Future Of Dispute Resolution In The ADGM: Binance's Strategic Arbitration Framework

    Effective 5 January 2026, the Binance exchange through its affiliated entities — Nest Exchange Limited, Nest Clearing and Custody Limited, and Nest Trading Limited...
    United Arab EmiratesLitigation, Mediation & Arbitration
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners
  • Article

    DIFC Injunctions In Support Of Foreign Proceedings: The Last Twelve Months In Review

    The question as to whether the DIFC Court has the power to issue orders in support of non DIFC proceedings remains controversial, and the last twelve months have seen several significant developments.
    United Arab EmiratesLitigation, Mediation & Arbitration
    Habib Al Mulla & Partners
    Habib Al Mulla & Partners

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