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  • Article

    100% Foreign Ownership Now Allowed In Mainland Ras Al Khaimah

    The emirate of Ras Al Khaimah (RAK) has now allowed 100% foreign ownership to companies in the mainland in order to attract more foreign direct investment (FDI) into the emirate.
    United Arab EmiratesGovernment, Public Sector
    BSA Law
    BSA Law
  • Article

    The Arbitration Clause In Off-Plan Property Sale Agreements In Dubai

    There is no doubt that the real estate market in the United Arab Emirates in general, and Dubai in particular, has witnessed — and continues to witness — significant growth, especially in recent years.
    United Arab EmiratesLitigation, Mediation & Arbitration
    BSA Law
    BSA Law
  • Article

    The Impact Of Circular No. 8 Of 2023: Translation Requirements For Documents In Abu Dhabi Courts

    The Constitution of the United Arab Emirates, as enshrined in Article 7, designates Arabic as the official language of the country.
    United Arab EmiratesLitigation, Mediation & Arbitration
    BSA Law
    BSA Law
  • Article

    UAE's Project 50 New Data Law

    The UAE is celebrating its golden jubilee (50 years as a unified nation), and the ‘Projects of the 50' initiative is a series of social and economic development projects that the UAE will announce to celebrate the milestone.
    United Arab EmiratesPrivacy
    BSA Law
    BSA Law
  • Article

    Legal Due Diligence – Not Just A Box-Ticking Exercise

    Imagine seeing your dream car at a secondhand car dealership. You've dreamed of purchasing that car for many years, and now you finally can.
    United Arab EmiratesCorporate/Commercial Law
    BSA Law
    BSA Law
  • Article

    Legal Procedures For Profit Calculation And Distribution

    The manager of a limited liability company is required—pursuant to the Companies Law—to prepare the company's annual financial statements, calculate profits and losses...
    United Arab EmiratesCorporate/Commercial Law
    BSA Law
    BSA Law
  • Article

    UAE 2025: Infrastructure Enhancements And Mandatory Boardroom Gender Diversity For Private Joint-Stock Companies

    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...
    United Arab EmiratesCorporate/Commercial Law
    BSA Law
    BSA Law
  • Article

    Arrest Warrants: Restrictions While Executing Against Individual Debtors

    Recently, the General Authority of Dubai Court of Cassation issued a new legal principle under its Decision no. 4 of 2023 ("Decision") concerning the issuance of orders to arrest and bring an individual...
    United Arab EmiratesFinance and Banking
    BSA Law
    BSA Law
  • Article

    The UAE's New SCA Licensing Regime

    In 2020, the Securities and Commodities Authority (SCA), which is the UAE's financial and capital markets regular, published a draft new rulebook on financial activities regulated by the SCA.
    United Arab EmiratesFinance and Banking
    BSA Law
    BSA Law
  • Article

    UAE Stays Top MENA Economy

    DUBAI – The UAE remains the best country for doing business in the Middle East and North Africa (Mena) region for yet another year, as it introduced 4 new reforms in the last 12 months, the World ...
    United Arab EmiratesFinance and Banking
    BSA Law
    BSA Law
  • Article

    New Package Of Fee Waivers For Various Government Services In The UAE

    In a bid to boost investment in Dubai and based on the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, a new package...
    United Arab EmiratesGovernment, Public Sector
    BSA Law
    BSA Law
  • Article

    UAE Insurance Authority Issues Circular On Coronavirus (COVID-19)

    Circular No. (3) of 2020 on Precautionary and Preventive Measures to Maintain Public Safety, Health and Prevent Spread of Coronavirus (COVID-19) ("COVID-19 Circular")...
    United Arab EmiratesInsurance
    BSA Law
    BSA Law
  • Article

    Dubai Courts Postpone All Judicial Hearings

    Dubai courts in its Resolution No. 30 of 2020 issued on March 17, 2020 concerning the adjournment of judicial hearings and working remotely decided on postponing all judicial hearings for the Court of Cassation.
    United Arab EmiratesLitigation, Mediation & Arbitration
    BSA Law
    BSA Law
  • Article

    New Abu Dhabi Tenancy Decision: What You Need To Know

    The Chairman of the Abu Dhabi Judicial Department, H.H Mansour Bin Zayed Al Nahyan issued Decision No.25 (the "Decision") on the 27th of September 2018 to regulate tenancy committees, disputes...
    United Arab EmiratesReal Estate and Construction
    BSA Law
    BSA Law
  • Article

    Dubai Integrated Economic Zones Authority (DIEZ) Unveils Visionary Strategy For 2024-2026

    In a significant development, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Chairman of the Dubai Integrated Economic Zones Authority ("DIEZ")...
    United Arab EmiratesStrategy
    BSA Law
    BSA Law
  • Article

    Share And Share Alike

    Rima Mrad of BSA Ahmad Bin Hezeem & Associates LLP looks at the potential impact of the new Foreign Direct Investment law on existing shareholding arrangements in companies.
    United Arab EmiratesGovernment, Public Sector
    BSA Law
    BSA Law
  • Article

    Cybercrime New Amendment Law In The UAE

    The President of UAE passed a law amendment number 2 of 2018 on UAE Cybercrime law to amend the sanctions under articles 26, 28 and 42 of the said law ("Cybercrime New Amendment").
    United Arab EmiratesCriminal Law
    BSA Law
    BSA Law
  • Article

    Potential 100% Ownership For Business Investors In Oman

    With a population that grew by 8% between 2014 and 2015, demand for financial, tourism, hospitality and manufacturing services is rapidly growing as Oman's government moves towards
    United Arab EmiratesGovernment, Public Sector
    BSA Law
    BSA Law
  • Article

    Bankruptcy Law Update: Additional Debtor Relief Options Announced

    One such provision will revise the existing requirement that a debtor commences procedures to declare bankruptcy if in distress.
    United Arab EmiratesInsolvency/Bankruptcy/Re-Structuring
    BSA Law
    BSA Law
  • Article

    Emirates Maritime Arbitration Centre And DIFC Arbitration Institute Merge Into Dubai International Arbitration Centre

    In an announcement made on Saturday 18 September 2021 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Emirates Maritime Arbitration Centre and the Dubai International Financial Centre Arbitration Institute are to be dissolved and their operations and assets merged into the Dubai International Arbitration Centre (‘DIAC').
    United Arab EmiratesLitigation, Mediation & Arbitration
    BSA Law
    BSA Law

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