The Law on LLC in force: the first practice in applying the Law
More than one year ago Ukrainian business has been granted a wide variety of flexible instruments for corporate governance, established by the Law of Ukraine “On limited and additional liability companies” (hereinafter referred to as “the Law”).
Funding Your Start-Up In The UAE
Funding options for start-ups in the UAE are on the rise. Traditionally, most start-ups in the UAE have tended to be bootstrapped or financed by conventional lenders such as banks and financial institutions. However, over the last few years, business incubators and accelerators have flourished in the UAE, creating a conducive and cost-effective environment for …
UPDATE: New DIFC Wills and Probate Rules
The DIFC Wills and Probate Registry (WPR) has been established as an official mechanism for non-Muslims to register their wills and have it enforced through the DIFC Courts. Previously there was a lot of uncertainty with regards to the registration of wills of non-Muslims since Shari’a principles govern inheritance throughout the UAE. If an expatriate …
Gulf Tanker Attacks: Implications on Costs
Tanker attacks have a long history indicating that it could be a powerful weapon in international conflict, which can significantly destabilize an economy. During the Iraq-Iran War in the 1980s, oil terminals and tankers were under severe attacks, which directly affected the economies of both nations, in addition to the safety of maritime traffic.
UPDATE: Medical Liability Law in the UAE
Doctors in the UAE face considerable legal risk when treating patients. Thus, it’s important for casualties as well as medical practitioners to know their rights and get their cases evaluated by legal experts.
The New DIFC Employment Law- What Has Changed?
DIFC Employment Law no. 2 of 2019 (“New Law”) has recently been enacted which repeals and replaces the DIFC Law no. 4/2005 as amended by DIFC Law no. 3 of 2012 (“Previous Law”). There has been an ongoing debate about the implemented changes introduced by the New Law. Some changes have been enacted to protect …
Continue reading “The New DIFC Employment Law- What Has Changed?”
5 Difficulties of Mortgage Foreclosure and How to Avoid Them
A mortgage has always been one of the most common and safe ways to secure an obligation. The popularity of a mortgage is explained by the fact that creditors believe the risks of losing real estate are minimal and therefore it can always be foreclosed. At the same time, unscrupulous borrowers and mortgagors are coming …
Continue reading “5 Difficulties of Mortgage Foreclosure and How to Avoid Them”
EUROPEAN RULES ON DATA PROTECTION IMPACT ASSESSMENT (“DPIA”)
1. Overview In the context of the protection of natural persons with regards to the processing of personal data, Article 25 of Regulation EU/2016/679 (General Data Protection Regulation or “GDPR”) sets up the Data Protection Impact Assessment (“DPIA”) in pursuit of GDPR’s aims through a risk-based approach.
Requirements for indefinite leave as a spouse
Spouses or partners of British or settled persons can apply for indefinite leave to remain in the UK up to 28 days before they reach 60 months in the UK with leave as a partner so long as they have been granted leave in the 5 year route. ILR applications can be processed very quickly …
Continue reading “Requirements for indefinite leave as a spouse”
UK visa requirements for South African citizens
Many South African citizens have some connection to the UK which may give rise to a basis on which they can apply for a visa to move to the UK. For example, as a citizen of South Africa, you might have a British parent, grandparent, or partner. In this post we look at the options …
Continue reading “UK visa requirements for South African citizens”