In the UAE, cheques remain a common method of payment. However, what happens when a cheque bounces? In this blog post, our legal experts dive into the legal consequences of dishonoured cheques Definitions What are cheques issued by a natural person? These are cheques issued by an individual from their bank account which is …
Dishonoured Cheques in the UAE: Navigating the Legal Landscape Read More »
An overview of UAE’s new alternative system to the traditional End-of-Service gratuity Federal Cabinet Resolution No. 96 of 2023 The UAE Cabinet has taken a significant stride forward with the issuance of the Resolution No. 96 of 2023 in October 2023 (Cabinet Resolution), which introduces an optional alternative system to the traditional End-of-Service (EoS) gratuity …
A Guide to UAE’s New Law on End-of-Service Gratuity Read More »
Learn about the new financial restructuring and bankruptcy law in the UAE, which will enter into force on 1st May 2024
Do you have questions about UAE’s corporate tax legislation? Here’s a simplified overview of the main clauses. OVERVIEW AND APPLICATION The Federal Decree-Law No. (47) of 2022 issued on December 9, 2022, for the implementation of Corporate Tax (“CT law”) in the UAE CT law effective from June 1, 2023 Taxable Persons: Companies and other …
Setting up a company in a Financial Free Zone in the UAE? Here’s what you need to know from a legal perspective Financial free zones were set up in the United Arab Emirates (UAE) by the Federal Law No. 8 of 2004, subsequently amended by the Cabinet Resolution No. 48 of 2007 The first law …
Financial Free Zones in the UAE: A Comprehensive Legal Guide for Investors Read More »
