UAE Law News & Law Update

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The Corporate Tax Hiccup

Over the years, UAE has built reputation to be the most profitable country to form new companies and generate income. In recent years, many…

Bounced Cheque and its Legal Consequences in the UAE

Bounced Cheque and its Legal Consequences in the UAE Cheques are the most common negotiable instrument used by businessmen and common people as security…

UAE is expected to ratify federal debt law this year

The United Arab Emirates government is contemplating the enactment of a law by year end which will allow the federal government to issue bonds. The UAE would issue…

70% of Dubai projects are facing delays

In the midst of slowing market conditions in the Emirate of Dubai, government spending cuts and continued oil price decline, a high number of property…

Dubai is moving ahead with the world’s largest mall while Gulf economies slow down

Dubai will press ahead with plans to build the world’s largest shopping mall despite the economic slowdown in the gulf economies. However Dubai will assess market demand before…

Dubai issued 65 million visas in 2015

Dubai Naturalisation and Residency Department (DNRD) processed over 65 million transactions last year (2015). The number of transactions in 2015 is higher than the…

UAE Government enacts legal system for venture capital funds

The UAE government established a new legal system for venture capital funds, as part of the projects dedicated to government accelerators launched by His Highness Shaikh…

FNC committee for financial affairs examines the UAE central bank national policies

The UAE Federal National Council The UAE Federal National Council Committee for financial affairs examined the UAE Central Bank’s policies on Sunday in Dubai.…