Debt recovery in the UAE is a vital process for businesses and individuals seeking to reclaim unpaid dues. With recent changes to legislation, effective recovery requires knowledge of current UAE laws, regulations, and best legal practices. This article explores the latest mechanisms, legal frameworks, and professional strategies for successful debt collection in Dubai and across […]
Bad debt is a modern world reality affecting individuals and business of all sizes. While there are stringent laws in the UAE that avert the occurrence of such bad debts, recovery of unpaid debt can be lengthy hurdle. Where it feels that the debt is not recoverable from your end, hiring a law firm is […]
Over the years, UAE has built reputation to be the most profitable country to form new companies and generate income. In recent years, many companies have been incorporated to reap its benefits. Owing to the ease and convenience associated with doing businesses in the UAE and for the purpose of fund collection and its distribution […]
Bounced Cheque and its Legal Consequences in the UAE Cheques are the most common negotiable instrument used by businessmen and common people as security for commercial and individual transactions. Taking note of the frequency of usage of cheques in both business and individual transactions, the UAE Government considers a bounced cheque as a serious offence […]
The Jebel Ali Free Zone (JAFZA) connects the continents of Asia, Europe and Africa. JAFZA just broke the most exciting news for the investors in the beginning of 2017. The Free Zone has issued a new set of guidelines Jebel Ali Free Zone Companies Implementing Regulations 2016. Foreign companies no longer need to establish legal entities such as […]
Law No. 2 of 2015 against Discrimination and Hatred, criminalizing all forms of discrimination on the grounds of religion, caste, creed, doctrine, race, color or ethnic origin, was enacted following a decree by the president of the United Arab Emirates Sheikh Khalifa Bin Zayed Al Nahayan, on 15 July 2015. The Law is drafted in […]
This is a Special Law Update from ProConsult Advocates & Legal Consultants, bringing to your attention the Mandatory Changes required to the Memorandum of Association of your LLC Companies before the end of June 2017, to avoid dissolution of your company & to prevent fines being imposed. It has become imperative that you make changes to […]
REINSTATEMENT OF THE CAP ON JUDICIAL FEES BEFORE THE COURT OF ABU DHABI – LAW NO 13 OF 2017 The Law No 13 of 2017 issued by His Highness Sheikh Khalifa Bin Zayed Al Nahyan, amending the judicial court fees structure applicable in the courts of Abu Dhabi (the “Law”). The New Law has reinstated […]
This is a Special Law Update from ProConsult Advocates & Legal Consultants, bringing to your attention the New Federal Decree-Law No. (8) of 2017 on Value Added Tax (the new UAE VAT LAW) . The UAE Government has finally issued the much-anticipated Value Added Tax Law, which will have an impact on all financial dealings, […]
From establishing an offshore office in Dubai, to facing real estate argument, family legal disputes, divorce cases and more such legal aspects, you need the assistance of a lawyer to represent you and to help you go through the process thoroughly and in accordance with the law. Dubai has a very strict legal structure and […]