UAE & the Singapore Convention on Mediation (International Settlement Agreements)
In light of the upcoming ratification of the Singapore Convention on Mediation by several countries, our Associates provides comments on the Convention with a UAE perspective.
New Regulations for JAFZA Offshore Companies 2018-Some Key Changes You should Know
JAFZA Offshore jurisdiction has seen a lot of evolution in the last few years and has become the most desirable jurisdiction for owning or holding Dubai freehold properties in the UAE. The free zone authority has recently announced Offshore Companies Regulations which completely replaces the Jebel Ali Free Zone Offshore Companies Regulations 2003. In the …
Director Liabilities Under UAE Laws
Clearly outlining the duties and liabilities of managers and directors of commercial companies is essential. Looking at the legal aspect of this, the Commercial Company Law ("CCL") is the most referenced legislation when dealing with directors’ duties and day to day management of their companies.
The Importance of Registration of Trademark in the UAE
After brainstorming and investing heaps of money and time on your new business set-up, how sure are you that your company's identity is secured, no other company would use the goodwill of your business or your credibility is safe enough?
Five Practical Steps to Transferring Shares in a Limited Liability Company in Dubai
Any sale or transfer of shares in a United Arab Emirates (UAE) limited liability company (LLC) raises certain documentary and procedural requirements in the Emirate in which the company is registered. In the below article, our Senior Associate, Priyasha Corrie talks about 5 practical steps to transfer shares in the LLC in Dubai.
DIFC Issues New Laws and Regulations (November 2018): Key Action Points and Changes
The new DIFC Companies Law came into effect on 12 November and brings with it a number of important changes. In the below article, our Senior Associate, Priyasha Corrie talks about the key action points, changes and what it means for your business.
Deferred Prosecution Agreements: The Best Option? Or A Flawed Idea?
Tescoadmitted wrongdoing over its accounting scandal in order to obtain a deferredprosecution agreement and avoid a conviction. But with everyone charged overthe scandal having been cleared, Aziz Rahman examines whether the deferredprosecution agreement process needs revising.
M&A opportunities in Cyprus post Brexit
Cyprus has reclaimed its status as a country with a developed and well-trusted economy, having overcome the challenges of recent years with a gross domestic product growth of 3.9% in 2018. There has been a noticeable rise in foreign investments in the local market, with an upswing in mergers, acquisitions and joint ventures.
Deferred Prosecution Agreements: Obtaining One And Seeing It Through To Completion
With Standard Bank having become the first organisation to conclude a DPA, Aziz Rahman explains why gaining one is only the start of the challenge.
Cancellation of the “green” tariff: international practice of protecting the rights of foreign inves
Perhaps the hottest topic in the energy sector at the end of 2018 and early this year is the discussion of changes to the approaches of providing state support for electric power producers from renewable sources. The main idea of the change is that, starting from 2020, new players of the RES market will be …