Dubai International Financial Centre (DIFC) Data Protection Law 2020
A revisited legal regime and a building block for the high standards of the financial center From July 1, 2020, the date of entry into force of the new DIFC Data Protection Law, the financial…
Change of Options for Changing Times
At the start of this year, there were some significant changes impacting the Dubai Multi Commodities Centre (DMCC) legal framework. Dr Laura Voda and Ifrah George explain how the increased flexibility they provide may aid…
6 Frequently Asked Questions – COVID19 and Shipping Industry
Introduction The World Trade Organization has projected that “world trade is expected to fall by between 13% and 32% in 2020” due to the COVID-19 pandemic, as it has increased globally causing massive disruptions on…
Developers’ Right to Terminate off Plan Sales to Defaulting Buyers. No Court Order Needed.
In 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Law No. 19 of 2017, amending Article 11 of Law No. 13 of 2008 on the Interim Real Estate Register in the Emirate of…
What Can a Buyer Do if Faced with a Cancelled Off-Plan Real Estate Project In Dubai?
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, issued decree N⁰ (21) of 2013 on 23rd July 2013 concerning the formation of a special judicial committee…
FICHTE WEBINAR: COVID-19 and Shipping Industry
Free Live Webinar The COVID-19 outbreak has been affecting supply chains worldwide and significantly impacting global trade. The shipping industry, being the backbone of global trade, has been severely disrupted. Our recent webinar focused on…
Влияние COVID-19 на трудовые отношения между работодателем и работником в ОАЭ и DIFC
Что происходит? Первый случай коронавирусной инфекции (широко известной как COVID-19) был зарегистрирован в ОАЭ 29 января 2020 года. Далее, правительство ОАЭ предприняло некоторые меры с целью предупреждения возможного распространения вируса, которые повлияли на частный сектор.…
FICHTE WEBINAR: COVID-19 and Employment Law in the UAE
Free Live Webinar To help employers and employees better understand the current developments, including some temporary measures introduced in the UAE, Fichte & Co recently hosted a free live webinar. Our Associate, DR. Laura Voda…
The ‘Economic Substance Regulations’ – a New Test for the UAE Companies. How does it apply?
Client update In 2019, the UAE Government issued a series of Directives and Resolutions, collectively referred to as the “Economic Substance Regulations” or the ESR. The purpose of the ESR is to curb harmful tax…