Security over property under UAE law is a relatively simple procedure (but it’s pertinent to know the decentralized legal regimes of different Emirates) Dubai Mortgage Law -Security over Immovable Property: Security over immovable property is a Federal subject...
On May 3, 2018, the UAE enacted Federal Law No. 6 of 2018 (“the New Law”), published in the Official Gazette No. 630 on May 15, 2018. This legislation replaced key arbitration provisions in the UAE Civil Procedures Law No. 11 of 1992, specifically Articles...
The UAE has developed a comprehensive legal framework to govern arbitration, primarily encapsulated in the Federal Decree-Law No. 15 of 2023 (the ‘UAE arbitration law’). This law aligns with international standards, particularly the UNCITRAL Model Law on...
Introduction A recent amendment to the UAE labor law has introduced significantly increased penalties for fraudulent Emiratisation practices. Announced earlier this week, the new regulations impose fines ranging from Dh100,000 to Dh1 million for various fraudulent...
The Ministry of Finance in the UAE has officially published Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, also known as the Corporate Tax Law (CT Law). This new legislation marks a significant development following the Ministry’s...
On 15 September 2023, the United Arab Emirates (“UAE”) took decisive action to reform the arbitration legal framework. The recently issued Federal Law No. (15) of 2023 (“Amendment Law”) directly amends key articles of the UAE Arbitration Law No. (6) of 2018 (“UAE...
