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Legal Articles / Business Law

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  • Director and Officer Under UAE Corporate Tax Law: Understanding the FTA's Public Clarification CTP010 on Connected Persons

    business

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    July 21, 2026

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    714 views

    The UAE Federal Tax Authority (FTA) has issued Corporate Tax Public Clarification CTP010, providing important guidance on the meaning of "director" and "officer" under Article 36 of the UAE Corporate Tax Law. The clarification adopts a substance-over-form approach, emphasizing an individual's actual authority and responsibilities rather than their job title. Businesses should review their governance structures, Connected Person classifications, and remuneration arrangements to ensure compliance with corporate tax and transfer pricing requirements.

  • Understanding the significant improvements to the VAT Executive Regulations in the UAE.

    business

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    February 05, 2025

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    2840 views

    The Federal Tax Authority (FTA) of the UAE recently amended some provisions of the UAE VAT Executive Regulations, particularly Cabinet Decision No. 52 of 2017, on the Implementing Regulation of Federal Decree-Law No. 8 of 2017 on the Value Added Tax (VAT Executive Regulations).

  • Understanding the New Competition Law in the UAE

    business

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    January 28, 2025

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    2689 views

    The UAE has introduced a new competition law and abrogated the old competition law, federal law No. 4 of 2012. The new federal decree law No. 36 of 2023 on the regulation of competition sets forth competition practices and measures against commercial monopolies.

  • Do you know how to terminate a commercial contracts?

    business

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    November 03, 2019

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    6890 views

    No wonder, the concerned subject has been discussed by Lawyers in Dubai on numerous occasions.

  • Preventive Settlement and Restructuring Procedures Under the UAE Bankruptcy Laws

    business

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    January 21, 2025

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    3176 views

    Running a business involves taking risks in order to continue to scale new grounds. Sometimes, these risks may not be successful, leading to debts. Even without risks, debts may be incurred as a result of not being able to generate profits due to the changing market trends. Thus, loss in business and falling into debts are a common and universal factor in the business world.

  • The 2025 E-Invoicing Rollout in the UAE

    business

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    January 02, 2025

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    2533 views

    The UAE government has taken steps to move towards a fully digitized tax system by adopting E-Invoices. The E-invoicing process will be mandatory for all business to business (B2B) and business to government (B2G) transactions, regardless of the VAT registration status of the entities involved.

  • Avoiding Double Taxation: The UAE's Legal Framework for Mitigating International Tax Liabilities

    business

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    July 22, 2024

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    3320 views

    When the same income is accountable and taxed in two different jurisdictions a situation referred to as double taxation arises which may result in high tax burdens for individuals and businesses. To handle this issue, the UAE has established an integrated legal system with international treaties aimed at eliminating such incidents and some specific domestic regulations to this effect. In this article, we will examine the relevant legislations that aim to resolve double taxation; Cabinet Decision No. 85/2022; Ministerial Decision No. 27/2023; and Ministerial Decision No. 247/2023.

  • Understanding UAE's Tax Residency: Key Regulations and Implications for Individuals and Businesses

    business

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    July 16, 2024

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    3591 views

    The procedure of determining the tax residency for individuals and entities that are operating in the UAE was set in place through detailed legislation. These are three main comprehensive laws; Cabinet Decision No. 85/2022, Ministerial Decision No. 27/2023 and Ministerial Decision No. 247/2023. In this article we will explore the key elements of these laws to determining tax resident status within the UAE.

  • Comparing Tax Treatment of Incorporated and Unincorporated Partnerships in UAE

    business

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    June 19, 2024

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    3036 views

    The Federal Decree-Law No. 47/2022 on Corporate and Business Taxation came into effect on October 3, 2022. UAE's corporate taxation system stipulates that a partnership may be classified as either an incorporated or unincorporated arrangement for tax purposes. These two partnerships may have distinct tax consequences under corporate tax law. Therefore, it is important to understand the difference between the nature of these partnerships within the UAE's corporate taxation.

  • Understanding the Imposition, Rates, and Applicable Base of UAE Corporate Taxation

    business

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    June 10, 2024

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    3519 views

    In the UAE the corporate tax law is regulated through the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. This law provides clear guidelines about the imposition, rates, and identification criteria for tax obligations. Businesses in the UAE, whether Resident Persons, Non-Resident Persons with Permanent Establishments, Joint Ventures, Family Foundations, or engaged in specified business activities, must understand corporate taxation. This article discusses UAE corporate tax law, identifying taxable persons, determining the corporate tax base, and exemptions.

  • Understanding UAE's New Insurance Regulations: A Comprehensive Guide

    business

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    February 19, 2024

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    4656 views

    Federal Law No. (48) 2023 on the Regulation of Insurance Activities governs the insurance sector in UAE. This law provides complete guidelines and regulations for the insurance industry. In this article, we will discuss the new insurance law and its important elements, including the application of licensing requirements to guarantee governance and compliance among the nation's insurance companies.

  • UAE's Tax Residency Law: What Expats Need to Know About Recent Changes

    business

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    January 29, 2024

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    4303 views

    The UAE has long been recognized as a favourable tax destination for individuals and businesses, drawing expatriates worldwide with its strategic location, flourishing economy, and accommodating tax policies.

  • Method of dispute settlement in commercial trade in the UAE

    business

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    October 07, 2022

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    4295 views

    While commercial disputes are common given the growth of business in the UAE, it is crucial to hire a local lawyer for dispute resolution, especially since the court’s language is Arabic and therefore, a local lawyer who would be able to guide you on the steps and represent you in court is invaluable.

  • What are the general policies in commercial liabilities in the UAE?

    business

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    September 23, 2022

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    4045 views

    Commercial liabilities are understood to mean liabilities of a business. In today’s world, given how much investment one puts into the business and the risks associated with it, it is very common for a business to obtain a coverage which protects the business.

  • What are the Consequences and Fines for Food Hygiene Violations in the UAE?

    business

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    July 26, 2022

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    4874 views

    Food safety and food hygiene are crucial in maintaining the security of food, especially food that is being imported into the UAE. The UAE has passed the Federal Law No. 10 of 2015 on Food Safety (Food Safety Law), which aims to ensure the safety and health of traded food. It also aims to protect the consumers from harmful, adulterated or deceptive food and their health by eliminating or decreasing the risks connected with food.

  • Explained: Does corporate tax apply to freelancers?

    business

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    March 04, 2022

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    5998 views

    The United Arab Emirates has now introduced, for the first time, federal corporate tax in the country. Announcing the new tax regime, the ministry of finance (MOF) has released a set of key pointers that serve as guidelines for the applicability of the corporate tax, which would be enforced from 1 June 2023 onwards ('UAE Corporate Tax').

  • How can business law help in forming contracts?

    business

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    February 21, 2022

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    4537 views

    The UAE has issued many critical changes in recent years in furtherance of its aim to establish itself as the leading business hub in the region, one that promotes a business-friendly environment

  • What you need to know about corporate tax on business profits in the UAE starting June 1, 2023

    business

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    February 15, 2022

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    5143 views

    The ministry of finance (MOF) of the United Arab Emirates has recently announced the introduction of a federal corporate tax in the UAE (the 'UAE Corporate Tax'). ‘Corporate Tax’ can better be understood as a form of direct tax levied on the net income or profit of a corporation or business entity.

  • What are the consequences of breaching a non-disclosure agreement between private entities in the UAE?

    business

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    February 02, 2022

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    5616 views

    In simple terms, a non-disclosure agreement (commonly referred to as an ‘NDA’) constitutes a written agreement between two parties or entities, wherein one party prohibits the other from sharing any confidential information exchanged between them, or such prohibition can be mutually applicable to both the parties.

  • Updates on management liability on bankruptcy law in the UAE

    business

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    January 21, 2022

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    4705 views

    The new federal decree-law no. 35 of 2021 amending the provisions of federal decree-law no. 9 of 2016 regarding bankruptcy and its amendments has been introduced in the United Arab Emirates (hereinafter referred to as the 'new Decree') to be in effect from 1st November 2021. The new decree brings in a fundamental and crucial change in the position of law that now accords individual liability on the shareholders of the company (subject to further conditions), in the instance the company funds are insufficient to cover even twenty per cent of the company's liabilities.

  • What you need to know about the new updates on business law in the UAE?

    business

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    December 11, 2021

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    5245 views

    The new laws have set the UAE apart in the Middle East. Not only as a great place to do business, but as a great place to live, build a life, and integrate for the long term. The new changes thus aim to attract more foreign direct investments and to build a heavily diversified economy.

  • Is it possible for foreign investors to have a big loan?

    business

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    September 21, 2021

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    5244 views

    The UAE is extremely focused on effecting changes in the legal regime and economy that ensures that foreign investors continue to profit from all that UAE has to offer.Alternate funding options can also be sought by foreign investors, especially by entrepreneurs, which include funding options in the form of venture capital and angel investors.

  • How to change local sponsor in Dubai?

    business

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    September 11, 2021

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    5884 views

    With the latest changes effected in the Commercial companies' law, the previous restrictions imposed on foreign entities is now greatly removed to a larger extend. A foreign entity or person may now invest and own up to 100% of the total shareholding in the company in the UAE and thus excluding the previous mandatory requirement of a local sponsor.

  • Commercial leasing and breach of contract punishments

    business

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    September 02, 2021

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    5336 views

    It is crucial that the terms are followed by both parties so that the they can avoid the instance of a potential breach and its consequences.

  • Know your Rights! How to Dispute Credit Report Errors?

    business

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    August 22, 2021

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    5971 views

    Review your credit reports on a periodic basis to check for any inaccurate or incomplete information and, in such instance, proceed to raise a ‘dispute form’ with AECB.

  • Find out more updates on 100% Mainland Foreign Ownership in the UAE?

    business

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    August 18, 2021

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    5251 views

    The UAE cabinet had recently adopted an amendment to the commercial companies act that allows for hundred per cent foreign ownership of companies in the UAE. These strategic decisions enhance the investment attractiveness of the UAE and its advanced position on the global business map.

  • What is the current impact of the COVID-19 pandemic on commercial and consumer contracts?

    business

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    August 11, 2021

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    5180 views

    The Covid-19 pandemic is still interfering heavily with international trade creating disruptions and delays on an unprecedented scale. The world has completed more than one year since the Covid-19 outbreak. However, its far-reaching effects are still far from over.

  • UAE Recent Amendment in Commercial Agency Law

    business

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    July 28, 2021

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    5033 views

    The aforementioned changes in the law will certainly have a deep impact on the existing agency agreements in the country and would require Top Lawyers of Dubai to review such agreement for ensuring safety of both parties rights.

  • Partnership Agreement for Small Business In The UAE

    business

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    May 05, 2021

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    6663 views

    In this article we will like to highlight the important aspects on why it is critical that small businesses analyze ‘partnership agreements’ and its legal implications.

  • What You Should Know About Debt Consolidation Loan in UAE?

    business

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    April 21, 2021

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    5926 views

    here are several banks in the UAE providing the services of a ‘debt consolidation loan’. As per the latest surveys, it is seen that at least three in five UAE residents have outstanding debts of various nature and therefore can benefit from the Debt consolidation services.

  • Insolvency Law During Pandemic

    business

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    March 17, 2021

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    5918 views

    Covid -19 pandemic has not only disturbed the financial conditions of an individual but has skeptically burdened the companies around the world.

  • The Fastest Way to Learn About Notices Issued By Custom Department Amidst Covid-19

    business

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    February 17, 2021

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    5895 views

    Considering the geographical location of Dubai, the Logistics industry has been on a rise since past few years. But it could not be saved from the pessimistic effects of the COVID-19.

  • UAE Preventive Measures for Economic Crisis

    business

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    January 13, 2021

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    5706 views

    It is quite obvious that coronavirus has somewhat brought the economy to a halt for a certain time and the government across countries are trying every bit possible to revive it

  • Steps To Protect Your Business in UAE during Global Pandemic

    business

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    January 06, 2021

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    5715 views

    Our people and our businesses have become more associated and cooperative than any time in recent history.

  • Here’s To Developments in the UAE Tax Litigation Landscape

    business

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    December 30, 2020

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    5830 views

    Over the last few decades, the UAE’s has grown from an economy dependent on fishing to among the largest oil exporters in the world. Hence, this has substantially impacted on the country’s social and economic development.

  • Oil and Gas Industry in UAE Facing the Wrath Of Coronavirus

    business

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    September 03, 2020

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    5322 views

    Oil and Gas sector in UAE holds the biggest share in the economy and without a doubt this sector has been majorly impacted by the global pandemic

  • Covid-19 Impact On Debt Collection in UAE

    business

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    August 26, 2020

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    6032 views

    It is certainly an arduous exercise and shocking to ascertain the overall impact of coronavirus on the life of the individuals and the economy of the world.

  • Covid-19- Trademark Registration Fees Reduced By Ministry Of Economy

    business

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    August 05, 2020

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    5412 views

    It is indeed impossible to ignore the impact of COVID-19 on construction sector, especially in UAE which has lately been the hub for investors investing huge amount in construction industry.

  • DIFC Insolvency Law in UAE Amidst Covid 19

    business

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    June 24, 2020

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    6097 views

    We all have been witnessing major steps taken by the government of UAE in order to prevent negative impact of coronavirus on our economy. COVID-19 has just made wide-scale interruption to various ventures both locally and internationally

  • Corporate Solutions For Businesses In Covid19 Situation

    business

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    May 23, 2020

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    6064 views

    The COVID-19 pandemic is certainly a revelation to all organizations and the economy per se. As the circumstance changes quickly, it is basic for organizations to design their alleviation techniques, and guarantee they have a working model set up to guarantee business congruity.

  • Tax Enforcement Laws in UAE During Covid-19

    business

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    June 10, 2020

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    6097 views

    The UAE Federal Government has declared certain nationwide improvement or preventive measures, notwithstanding measures taken by the individual Emirates of Abu Dhabi and Dubai to help their particular Emirates.

  • The Law Protecting Consumers in UAE

    business

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    May 20, 2020

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    8592 views

    The availability of the web is expanding quickly these days, permitting the decision of a huge number of online international consumer agreements.

  • Will Company Be Liable Is Manager Issue Personal Cheque to Debtors?

    business

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    February 26, 2020

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    7124 views

    A manager of a company is considered as its face bearing an extensive range of responsibilities despite the commitments and obligations mentioned in the Companies Law of UAE. Yet, the law does not highlight personal obligations of loyalty and constancy.

  • Obtaining a Long-Term Residence Visa in UAE

    business

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    January 22, 2020

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    7521 views

    Legal Consultants in Dubai have shed some light on the recent update or regulation passed by the UAE Cabinet which will be implemented on 03 February 2019 allowing residents to obtain long term visa. From this day onwards, Federal Authority for Identity and Citizenship will accept applications for issuing long term visa without a sponsor for some categories of residents that is investors, business owners, and people with special talents in the field of science and academics and extraordinary students.

  • What All You Should Know About Bankruptcy Law Of UAE?

    business

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    January 08, 2020

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    6901 views

    The new Bankruptcy Law (Federal Law Number 9 of 2016) is seen as a strategically improved law in comparison with previous insolvency laws.

  • Are you struggling with Trademark Infringement?

    business

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    November 06, 2019

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    6296 views

    Trademark infringement is the unapproved utilization of a trademark or administration mark (or a significantly comparative imprint) on related merchandise and ventures.

  • How do legal consultants in Dubai see cryptocurrency?

    business

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    August 18, 2019

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    8281 views

    Beyond the loud clamour, overwhelming online information and press release the real meaning of cryptocurrency are in stray.

  • How can you avoid debt in UAE?

    business

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    June 24, 2019

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    6350 views

    The vast majority of residents in the UAE float through their day to day lives without really thinking about their spending standards to control our ways of managing their budget.

  • Resolving B2B Disputes: Effective Strategies for Business Conflicts

    business

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    June 19, 2019

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    7825 views

    The Department of Economic Development (DED) of Dubai has recently instituted Business Protection Department (BPD) solely for reconciling commercial disputes between businesses and will act as a local commercial dispute-resolution authority.

  • Understanding Finance Lease: Key Concepts and Benefits

    business

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    May 15, 2019

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    10683 views

    Need a Lawyer For Obtaining Financial Leasing License?, UAE Federal National Council recently issued a Federal Law number 8 of 2018 governing financial leasing (the Law) within the country. The Law prohibits any company from undertaking activities of financial leasing without a relevant license from the Central Bank of UAE.

  • Insider Trading: Legal or Illegal?

    business

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    April 14, 2019

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    9985 views

    Insider trading is exploitation of confidential information which is based on the sale and purchase of financial instruments of a corporate entity referred to as insider. The information pertaining to financial instruments can influence the public at large if disclosed.

  • Basic corporate laws for business in Dubai

    business

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    December 11, 2017

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    8812 views

    The UAE is a country which promotes commerce and business which in turn is contributing to a competitive and prosperous economy.

  • Why Setup A Freezone Company in the UAE

    business

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    June 24, 2012

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    9080 views

    Dubai is a well-respected pathway to the East, and since it became a financial hub, companies that engage in all types of business activities are now looking to establish a presence here.

  • Business Laws and Regulations in Dubai, UAE

    business

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    September 28, 2016

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    15923 views

    Dubai has been known for alluring every business opportunists due its efficient licensing rules, infrastructure, and ease of work.

  • Understanding UAE Freezones: Business Opportunities in Ras Al Khaimah

    business

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    May 09, 2013

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    10347 views

    Ras Al Khaimah Free Trade Zone (RAK FTZ) is a free zone based in RAK and was established in 2001.

  • Dubai Airport Freezone Authority

    business

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    May 09, 2013

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    10504 views

    An updated article on the Dubai Airport freezones and the restrictions on licenses and activities.

  • Jumeirah Lake Towers Freezone | Professional Lawyer

    business

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    May 09, 2013

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    11105 views

    An updated article on the JLT freezones and what value it provides to its investors.

  • Essential Guide to Conducting Business in Dubai - Professional Lawyer

    business

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    June 25, 2013

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    8632 views

    Dr. Hassan Elhais gives a concise look into setting up businesses in Dubai and the smarter and cost effective ways to carry a business.

  • Providing Brokerage Services in Commodities in the UAE Futures and Derivatives Trading

    business

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    June 30, 2013

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    9248 views

    A look into the commodities market in the UAE and the rules and laws regulating the brokers providing financial services.

  • Offshore Companies in the UAE | Professional Lawyer

    business

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    July 05, 2013

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    10147 views

    An analysis of the importance and benefits, and the rules and limitations of off-shore companies and their setting-up procedures in the UAE.

  • Branch Representative Offices or Foreign companies in the UAE

    business

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    July 10, 2013

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    9379 views

    An article of interest to foreign companies who wish to open branch or representative offices in the UAE to onduct their business, and what are the requirements that must be met to successfully structure a foreign business.

  • Dissolution of Business Entities: Legal Procedures and Considerations

    business

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    July 15, 2013

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    7695 views

    Dissolution can also be caused where a public joint stock company or a limited liability company suffers a loss of more than half their capital. In this case the matter must be referred to the General Assembly for decision.

  • Amalgamation in Business: Key Legal Insights and Implications

    business

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    July 20, 2013

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    7299 views

    Each of the merging companies must adopt a resolution to dissolve itself; this will result in the incorporation of a new company.

  • Transforming Business: Legal Insights for Modern Enterprises

    business

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    July 25, 2013

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    7930 views

    Companies incorporated under provisions of Company law in a specific form may be changed to another type, after satisfying the legal requirements under Company Law.

  • Liquidation in Business: Key Insights & Legal Guidance

    business

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    July 30, 2013

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    10469 views

    Upon the dissolution of a company, it is considered to be in the liquidation stage. While the liquidation procedures are being implemented the company will retain its legal capacity for the implementation of its liquidation.

  • Introduction to Trademarks Part 1

    business

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    April 06, 2014

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    7726 views

    Dr. Hassan Elhais talks about the principles of Trademarks and its importance to businesses in creating their brands and protecting their identity.

  • Trademark Ownership: Key Legal Considerations for Businesses - Part 2

    business

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    April 12, 2014

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    8384 views

    Dr. Hassan Elhais talks about who owns the Trademark and how first usage can sometimes succeed over registration in the ownership battle for trademarks.

  • Limiting Trademarks Infringements Part 3 - Advocates in UAE

    business

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    April 21, 2014

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    7738 views

    Dr. Hassan Elhais details what businesses can do to avoid others infringing on their trademark or to avoid infringing on others' trademarks to avoid penalties I the UAE.

  • Responsibilities of the Limited Liability Company's Manager

    business

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    June 12, 2014

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    11979 views

    In a limited liability company the manger can be appointed in the company's memorandum of association or in a separate agreement. His appointment can be for a limited period or an unlimited period.

  • Why Set up a Local Company in the UAE

    business

    |

    June 12, 2012

    |

    9139 views

    Dubai is a well-respected pathway to the East, and since it became a financial hub, companies that engage in all types of business activities are now looking to establish a presence here.


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