New Regulatory Landscape for Insurance Brokers in the UAE: Key Developments under the Federal Decree Law No. 48 of 2023
The UAE’s insurance sector has seen a major transformation with the introduction of Federal Decree Law No. 48 of 2023 concerning the regulation of insurance activities.
UAE’s Boosted Efforts to Combat Money Laundering and Terrorism Financing
The UAE has been taking noteworthy actions to combat money laundering and terrorism financing by regulating and applying relevant laws that aim to prevent and detect them.
Retentions in UAE Construction Contracts: A Comparative Analysis
The United Arab Emirates (UAE) relies heavily on well-defined construction contracts to ensure the smooth execution of its many building projects.
Disciplinary and Termination Procedures Under the UAE Labor Law
Introduction In the constantly evolving landscape of employment law, the UAE has made significant strides with the introduction of Federal-Law No. (33) of 2021, alongside Cabinet Resolution No. (1) of 2022.
What do we do with all this carbon?
Being of organic nature and found in the earth’s crust, the history of carbon is as old as the earth itself, and yet it is closely connected to the history of humankind.
Federal Tax Authority Releases the Tax Guide on Free Zones Persons
The Federal Tax Authority (“FTA”) has recently released a guide (“Guide”) that outlines the conditions and procedures for applying the corporate tax on the free zones persons.
Mediation of UAE Medical Malpractice Claims- Can it Work
Introduction Mediation is a form of alternate dispute resolution that seeks to settle disputes without the cost, expense and delay of stressful Court proceedings- and in the area of medical malpractice claims in the United Arab Emirates – extended regulatory proceedings – via the Medical Liability Committee (‘MLC’) and Supreme Committee of Medical Liability (‘SCML’).
Dubai Creates a Unified Digital Platform for Establishing Companies
As a significant step towards enhancing the economic growth and investors’ satisfaction in the Emirate of Dubai (the “Emirate”),
Tax on Foreign Banks Operating in the Emirate of Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of the Emirate of Dubai issued Law No. 1 of 2024 regarding Tax on Foreign Banks Operating in the Emirate of Dubai (“Law”).
Key to Preventing Cargo Fraud: The Power of Shipping Policies
Shipping Policies When it comes to shipping goods across international borders, there are a number of checks and balances in place to ensure that the cargo is delivered to the correct recipient.