Is it possible for foreign investors to have a big loan?
The United Arab Emirates has consistently sought to develop the UAE into a pro-business region and to have the best of facilities and policies that encourage foreign direct investments. The UAE has progressed in leaps and bounds and has established itself on the global page. It no longer identifies itself as an economy that is …
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Can a residential property landlord refuse payment for a breach of contract and evict you?
Residential property leases in Dubai are subject to the Law No. (26) of 2007 on ‘Regulating the Relationship between Landlords and Tenants in the Emirate of Dubai’ (“Tenancy Law”). It is critical to bear in mind that a lease agreement entered into between a landlord and tenant constitutes a binding and enforceable agreement between the …
Your guide to terminate limited and unlimited contracts
Pursuant to the Federal Law No. 8 of 1980 on the regulations of labour relations and its amendments (“UAE labour law”) the employment contracts can be of two kinds ‘limited term contract’ and ‘unlimited term contracts’. As the name indicates, limited term contracts are set for specific term period, while unlimited term contracts are open …
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What are the recent developments of Anti Money Laundering in the UAE?
The UAE continuously tightens its rules and regulations concerning anti-money laundering (AML) and Counter-Terrorism Financing (CTF). It is constantly committed to its goal and vision to establish itself as the global centre for international businesses and commits to the highest standards possible in all streams. UAE aims to continuously improve the government operations in a …
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Avoid labour and visa fraud when applying for a job in the UAE
UAE offers lucrative job offers, and ex-pats are highly enthusiastic about building a career and life in the UAE. The UAE’s ex-pat population constitutes almost ninety per cent of its total population, and ex-pats find that UAE offers them a peaceful and tax-free environment.
What will be the punishment for fake claims in court?
Submitting fake claims in the UAE can be subject to the provisions of the ‘false accusations’ under the UAE Penal Code. In this article, we will endeavour to discuss the concept of making fake claims or accusations under UAE law and it’s resultant punishments. The federal law no. 3 of 1987 and its amendments (the …
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Can you put a case or investigation on hold if there is insufficient evidence?
The Federal law no. 35 of 1992 concerning the ‘criminal procedure law’, specifies the procedures for the prosecution of criminal cases in the UAE (‘Criminal procedure code’). The rules and procedures concerning investigation, trial procedure, evidence, judgment, appeal procedures and enforcement measures are stated in the criminal procedure code.
How do the International Court of Arbitration enforce their decision in commercial properties?
What do you mean by arbitration: Arbitration process can be understood as an alternate dispute resolution process wherein the disputing parties voluntarily choose an arbitration forum for adjudication of their disputes. When the parties choose binding arbitration for the settlement of their dispute then the decision of the arbitrator is termed as final and can …
What conditions should be met for the employer to file an absconding case?
What is absconding: The term ‘absconding’ means to leave ‘hurriedly and secretly, typically to escape from custody or avoid arrest’. This term has a special meaning in terms of the Federal Law no. 8 of 1980 regarding the organization of labour relations and its amendments (the ‘UAE Labour Law’). Pursuant to the UAE Labour Law, if …
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What is International Patent compliance? How can I patent my product for the international market?
The World Intellectual Property Organization (WIPO) constitutes one of the specialized agencies of the United Nations, and its main purpose is to promote and protect intellectual property across the world by cooperating with countries as well as other international organizations involved. WIPO has an international ‘Patent Cooperation Treaty’ (PCT) that has been ratified by at …