The Federal Tax Authority (FTA) has recently issued an important decree—Decision No. (07) of 2024—regarding the extension of deadlines for tax return submissions and payments under the new corporate tax regime in the UAE. This decision, which aligns with the broader...
On October 30, 2024, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of the Executive Council of Dubai, issued Executive Council Resolution No. (85) of 2024. This resolution marks a significant shift in the...
Dubai, known for its innovation and forward-thinking governance, has once again demonstrated its commitment to excellence with the issuance of Executive Council Resolution No. (81) of 2024, approving the Succession Planning System for Dubai Government employees. This...
The DIFC enacted the Markets Law in 2012, which took effect on July 5th of that year. Part 6 of this law outlines prohibitions against market abuse. For more detailed information and guidance on this topic, consult the Code of Market Conduct (CMC). It’s important to...
On November 6, 2024, the Dubai Court of Cassation issued a noteworthy judgment regarding the enforceability of arbitration clauses in subcontract agreements. This case highlights critical legal aspects surrounding arbitration agreements and the conditions under which...
In a recent and notable judgment, the Abu Dhabi Court of Cassation examined issues related to procedural compliance in the issuance and notification of performance orders. The case, heard by a panel of esteemed judges, focused on the validity of notification...
