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

In the current times, most startups aim at implementing innovative business ideas, new technologies and, most probably, unicity.

Time charterers and demise charterers are usually responsible for supplying the chartered vessel with bunker supplies for the term of the charterparty.

From July 1 2020, the date of entry into force of the new DIFC Data Protection Law, the financial center will enhance their already existing standalone data protection regime

UAE Federal Law No. 166/2020, issued on 10th November 2020, has approved the joining of the International Convention on Civil Liability for Bunker Oil Pollution Damage 2001

On 10 August 2020, The Cabinet of Ministers Issued Resolution No.57/2020 concerning Economic Substance Regulations (‘'Resolution 57'').

At the start of this year, there were some significant changes impacting the Dubai Multi Commodities Centre (DMCC) legal framework.

On 6 January 2019, the UAE Insurance Authority published the ‘Cabinet Resolution No 7 of 2019' concerning the Administrative Fines Imposed by the Insurance Authority'.

Insurance Comparative Guide for the jurisdiction of United Arab Emirates, check out our comparative guides section to compare across multiple countries

Shipping Comparative Guide for the jurisdiction of United Arab Emirates, check out our comparative guides section to compare across multiple countries