UAE Introduces New Competition Law: Federal Decree-Law No. 36/2023 The UAE has taken a significant step forward in promoting fair competition and economic freedom with the introduction of Federal Decree-Law No. 36/2023. This new legislation defines competition as the act of conducting economic activities […]
Foreign Attorneys to Directly Represent Clients in Abu Dhabi Civil Family Court  The door is now open for foreign attorneys to directly represent their clients in the Abu Dhabi Civil Family Court. Decision No. 21 of 2024 establishes a registration system for foreign […]
Dubai Courts Launches Tanfeeth+ to Expedite Judicial Execution Procedures Dubai Courts has launched Tanfeeth+, a system designed to streamline the execution of judicial orders in civil cases. This system will connect various “government and semi-government departments within Dubai,” with plans to extend the initiative to federal […]
Dubai Launches Unified Digital Platform for Establishing Companies His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued Decree No. (13) of 2024 to introduce a unified digital platform. This platform is set to transform […]
UAE Launches New Comprehensive Legislation Platform The United Arab Emirates (UAE) has launched a comprehensive legislation platform, uaelegislation.gov.ae , which consolidates federal laws, decrees, bylaws, and executive decisions issued from the establishment of the UAE in 1971 to the present. Announced during a Cabinet meeting, this […]
Dubai Establishes Committee for Dispute Settlement of Family Businesses and Ownership Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, has announced the establishment of the “Committee for Dispute Settlement of Family Businesses and […]
Enhanced Flexibility for Companies as Dubai Free Zones Council Allows Selection of Preferred Zones and Regulates Mainland Expansion In its 24th meeting, the Dubai Free Zones Council (DFZC) discussed devising a range of strategic initiatives designed to grant companies the flexibility to select their preferred free […]
UAE’s FTA Encourages Swift Corporate Tax Registration for June Financial Year Entities The Federal Tax Authority (FTA) is urging businesses, both in the public and private sectors, whose fiscal years span from June to May, to promptly complete their tax registration process. The corporate tax registration […]
UAE Cabinet Announces New Decisions on Tax Procedures, Penalties, and Exemptions The UAE Cabinet has announced new decisions pertaining to tax procedures, penalties, and exemptions, effective from August 1, 2023. The Federal Tax Authority (FTA) will impose administrative penalties on taxable individuals and legal entities who […]
UAE to Launch Specialized Federal Prosecutions for Economic Crimes and Money Laundering  The Federal Judicial Council, chaired by Abdullah Sultan Awwad Al Nuaimi, Minister of Justice, approves the Attorney General’s proposal to establish dedicated federal prosecutions specialized in handling economic crimes and money laundering. The […]
Dubai Government to Introduce Common Law in Free Zones Dubai’s government is currently considering the implementation of Common Law in its free zones, aiming to better cater to the aspirations of investors and enhance its global competitiveness. The city’s authorities are actively exploring the application of […]
Sheikh Mohammed bin Rashid Al Maktoum issues Law No. (16) of 2023 to regulate urban planning in Dubai. His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai and Vice President and Prime Minister of the UAE, has issued Law […]
Dubai Chambers Launches the Dubai Centre for Family Businesses Dubai Chambers has launched a special unit dedicated to support family-owned businesses with best practices and alleviate the impact of generational disruptions. Dubai Centre for Family Business will ensure that family-owned businesses have the right corporate governance, proper […]
The Ministry of Finance has issued Ministerial Decision No. 73 of 2023 on Small Business Relief for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the Corporate Tax Law). Small Business Relief is intended to support start-ups and […]
The Dubai Land Department (DLD) has launched a new ‘instant sale’ feature that eliminates the need for audits and uses smart evaluation in real estate transactions. The smart evaluation process depends on artificial intelligence in evaluating real estate units and includes sales operations for real […]
UAE Citizens Can Demand Employers to Prove Pension Status General Pension and Social Security Authority has launched a campaign to raise awareness regarding UAE Citizens’ rights to pension and employers’ obligations to register with the GPSSA. As per the UAE Pension Law, UAE employees have the […]