Mondaq Offshore - United Arab Emirates: Corporate/Commercial Law
The Legal Group
Foreign ownership in UAE is a subject that has been on the radar of trending discussions, in particular after FDI Law.
The Legal Group
Prior to entering a Distribution Agreement with a local Distributor in the UAE, the foreign principal should put into consideration several aspects that can negatively affect the Principal in the long run.
STA Law Firm
Recently there has been a noticeable wave of mergers (especially in the banking sector) within the GCC. Just in 2017, there were 85 mergers in the UAE
BSA Ahmad Bin Hezeem & Associates LLP
If you are operating an onshore or offshore entity in a "no or only nominal tax jurisdiction" (referred to hereinafter as a "noon"), which amongst others, holds shares or licenses
Kennedys
In the UAE, most EPC Contacts are drafted and executed in English.
Grant Thornton
Why do so few women make it to the top of the business world? And what can we do about it?
Hassan Elhais
UAE has seen a considerable increase in the business opportunities and foreign investors in last decade.
Hamdan AlShamsi Lawyers & Legal Consultants
Transparency and accountability, two often used words in the management and administrative world.
Hamdan AlShamsi Lawyers & Legal Consultants
UAE, an influential player in the Middle East and Africa region and Dubai as the gateway to the world, have created an unparallel example of success through the innovative vision and brilliant leadership of this great nation.
Hamdan AlShamsi Lawyers & Legal Consultants
Governance is relatively a political concept often used in the administration of a state or territory through multiple functionaries. From that sphere, it is a different thing for different people.
Hamdan AlShamsi Lawyers & Legal Consultants
A Relevant Entity that only undertakes a Holding Company Business will be subject to less stringent economic substance requirements.
STA Law Firm
In September 2018, the Abu Dhabi Department of Economic Development (ADED) had announced its first phase of the Dual Licenses Initiative
Hassan Elhais
The expansion of multinational companies is always either through incorporating a subsidiary or associating with a local distributor or a commercial agent in any jurisdiction.
STA Law Firm
The Dubai Chamber of Commerce and Industry (the DCCI) recently announce that it will be forming the New Zealand Business Council (the NZBC).
Hamdan AlShamsi Lawyers & Legal Consultants
In this article we shall limit our reply with regards to the UAE law but not in respect of the Dubai International Financial Centre or Abu Dhabi Global Markets law.
STA Law Firm
Under the global laws for international contracts and agreements, it is highly significant to identify the clauses which put forth the concept of termination for convenience.
Grant Thornton
Global business is facing a wave of disruptive influences that look set to spark the Fourth Industrial Revolution.
Abdelaziz Alhanaee
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.
BSA Ahmad Bin Hezeem & Associates LLP
There is a multitude of companies in the UAE that are owned by entities incorporated in "no or only nominal tax" jurisdictions (referred to herein as "noons") such as the British Virgin Islands (BVI)
Intertrust
The Abu Dhabi Global Markets Authority (ADGM) adopted several amendments to their Commercial Legislation recently in a bid to align with the international best practices.
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Hamdan AlShamsi Lawyers & Legal Consultants
A Relevant Entity that only undertakes a Holding Company Business will be subject to less stringent economic substance requirements.
Kennedys
In the UAE, most EPC Contacts are drafted and executed in English.
STA Law Firm
In September 2018, the Abu Dhabi Department of Economic Development (ADED) had announced its first phase of the Dual Licenses Initiative
BSA Ahmad Bin Hezeem & Associates LLP
If you are operating an onshore or offshore entity in a "no or only nominal tax jurisdiction" (referred to hereinafter as a "noon"), which amongst others, holds shares or licenses
Hamdan AlShamsi Lawyers & Legal Consultants
Governance is relatively a political concept often used in the administration of a state or territory through multiple functionaries. From that sphere, it is a different thing for different people.
Hassan Elhais
UAE has seen a considerable increase in the business opportunities and foreign investors in last decade.
Hamdan AlShamsi Lawyers & Legal Consultants
Transparency and accountability, two often used words in the management and administrative world.
STA Law Firm
Recently there has been a noticeable wave of mergers (especially in the banking sector) within the GCC. Just in 2017, there were 85 mergers in the UAE
Hamdan AlShamsi Lawyers & Legal Consultants
UAE, an influential player in the Middle East and Africa region and Dubai as the gateway to the world, have created an unparallel example of success through the innovative vision and brilliant leadership of this great nation.
Grant Thornton
Why do so few women make it to the top of the business world? And what can we do about it?
STA Law Firm
Under the global laws for international contracts and agreements, it is highly significant to identify the clauses which put forth the concept of termination for convenience.
The Legal Group
Prior to entering a Distribution Agreement with a local Distributor in the UAE, the foreign principal should put into consideration several aspects that can negatively affect the Principal in the long run.
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