New Amendments To UAE Federal Decree Law No. 33/2021 on Labour Relations

On 29 July 2024, the new Federal Decree Law No. 9/2024 was enacted and introduced significant amendments to certain provisions of Federal Decree Law No. 33/2021, which governs labor relations. These changes, effective from 31…

UAE makes strides in crypto asset regulation: An analysis of the new UAE Central Bank Regulations on Stablecoins

Over the past years, UAE’s resolve to be a leader in the virtual assets space has continued to strengthen. The latest development is the enactment of the Payment Token Services Regulation (the Regulations) issued by…

An insight into the revamped Ultimate Beneficial Ownership Regulations in the UAE as of 2024

A recent overhaul of the regulations concerning the determination of an Ultimate Beneficial Owner (UBO) has brought about considerable changes in the UBO determination and filing for entities in the UAE. The most significant is…

Update: UAE Corporate Tax Registration Deadlines

The Federal Tax Authority (FTA) in a recent decision, FTA Decision No. 3 of 2024 on the Registration Timeline for Corporate Tax has provided the deadlines for registration of Corporate Tax (CT). The deadlines are…

UAE Coming Out of FATF ‘Grey List’: a Milestone for Business Stability

In the realm of global finance, the United Arab Emirates (UAE) has long stood as a beacon of opportunity, drawing investors and businesses from around the world. Another sound reason to enhance this undeniable truth…

A Glance in the New Insurance Law in the UAE

In a significant development for the insurance sector, the recently published New Insurance Law on 31 October 2023, set to be enforced from 30 November 2023, marks an important moment in the regulatory landscape of…

Federal Decree Law No. 43 of 2023 regarding Maritime Law – Download your translation here

The Ministry of Energy and Infrastructure (MOEI) has unveiled the forthcoming Federal Decree-Law No. 43 of 2023 regarding Maritime Law (the “2023 Maritime Law”), slated to come into force from March 2024. This legislation marks…

A New Era for The Shipping Sector in the UAE

A New Era for The Shipping Sector in the UAE The Ministry of Energy and Infrastructure (MOEI) has unveiled the forthcoming Federal Decree Law No. 43 of 2023 regarding Maritime Law (the “2023 Maritime Law”),…

Changes made by Ministerial Decision No. 296/2023 on fines for Emiratisation related offences

In June 2023, Ministerial Decision No. 296/2023 on the Standards of Imposition of Administrative Fines According to Cabinet Decision No. 95/2022 on the Offences and Administrative Fines Related to the Initiatives and Programmes of the…