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PRESIDENT HIS HIGHNESS SHEIKH KHALIFA BIN ZAYED AL NAHYAN IS ISSUED A NUMBER OF PRESIDENTIAL DECREES

Last updated on November 13th, 2020 at 03:19 pmInheritance lawThe new amendments stipulate that the inheritance would be dealt with as per the nationality of the deceased person at the time of his death unless there is WILL. However, the property purchased in the UAE by the deceased will be managed according to UAE law. MarriageLaws of the country in which the marriage took place would be applied with regards to the marriage terms instead of the previous provisions which applied the laws of each spouses’ country of nationality. If a couple were married in their home country but filed … Continue reading PRESIDENT HIS HIGHNESS SHEIKH KHALIFA BIN ZAYED AL NAHYAN IS ISSUED A NUMBER OF PRESIDENTIAL DECREES

ADMINISTRATIVE FINES DETERMINED FOR THE CASE OF VOLUNTARY DECLARATION

Last updated on November 13th, 2020 at 03:32 pmFirst – In the case that the Taxable Person makes a voluntary declaration about mistakes in the tax declaration or tax assessment or request for tax refund, the Federal Tax Authority shall apply against him the fines and penalties specified in Item No. (11) Of Table (1) of Cabinet Resolution No. 40 of 2017: 1. Fixed amount: (3000) dirhams for the first time. (5000) dirhams in case of repetition. 2. A relative penalty imposed on the difference amount that was not paid to the Authority as a result of a mistake, for … Continue reading ADMINISTRATIVE FINES DETERMINED FOR THE CASE OF VOLUNTARY DECLARATION

ENFORCEMENT OF ARBITRATION AWARDS

Last updated on November 13th, 2020 at 03:44 pmKhairallah Advocates & Legal Consultants successfully enforced numerous arbitration awards through courts in the UAE. Application for the enforcement of an arbitration award can now be brought directly before the UAE Court of Appeal. The Chief Justice of the Court or whoever he delegates from among its judges shall order the arbitral award confirmed and enforced within sixty days of submission of the request for its confirmation and enforcement, unless it finds one or more of the grounds for setting aside the award under section 1 of Article 53 of Arbitration Law. … Continue reading ENFORCEMENT OF ARBITRATION AWARDS