Legal update Archives - Fichte & Co Legal Legal Firm in Dubai Thu, 26 Feb 2026 02:51:43 +0000 en-US hourly 1 https://fichtelegal.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png Legal update Archives - Fichte & Co Legal 32 32 The UK is Dropping Tax-Free Status – Will Shipowners Set Sail for the UAE? https://fichtelegal.com/the-uk-is-dropping-tax-free-status-will-shipowners-set-sail-for-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=the-uk-is-dropping-tax-free-status-will-shipowners-set-sail-for-the-uae Fri, 25 Jul 2025 05:50:21 +0000 https://fichtelegal.com/understanding-the-jurisdiction-powers-function-and-fees-of-the-insurance-committee-for-settling-and-resolving-insurance-disputes-2/ From April 2025, the United Kingdom will eliminate its long-standing non-domiciled tax regime. The new rules will introduce a residence-based system, taxing global income and gains after a four-year transition period. For many international shipowners, this means the end of a structure that offered flexibility, tax efficiency, and strategic advantages for decades. The reform goes …

Read More

The post The UK is Dropping Tax-Free Status – Will Shipowners Set Sail for the UAE? appeared first on Fichte & Co Legal.

]]> UAE Ship Recycling Regulation (SRR) to Apply to Foreign and UAE-Flagged Ships From 26 June 2025 https://fichtelegal.com/uae-ship-recycling-regulation-srr-to-apply-to-foreign-and-uae-flagged-ships-from-26-june-2025/?utm_source=rss&utm_medium=rss&utm_campaign=uae-ship-recycling-regulation-srr-to-apply-to-foreign-and-uae-flagged-ships-from-26-june-2025 Mon, 16 Jun 2025 08:54:36 +0000 https://fichtelegal.com/?p=44265 The UAE is setting a new course for sustainability in the maritime sector. Marking a decisive move toward the safe and environmentally sound disposal of end-of-life vessels, the UAE Ship Recycling Regulation (SRR) will apply to a broader range of ships from 26 June 2025 and  stakeholders in the maritime sector should prepare to ensure …

Read More

The post UAE Ship Recycling Regulation (SRR) to Apply to Foreign and UAE-Flagged Ships From 26 June 2025 appeared first on Fichte & Co Legal.

]]> UAE Ship Recycling Regulation (SRR) to Apply to Foreign and UAE-Flagged Ships From 26 June 2025 https://fichtelegal.com/uae-ship-recycling-regulation-srr-to-apply-to-foreign-and-uae-flagged-ships-from-26-june-2025-2/?utm_source=rss&utm_medium=rss&utm_campaign=uae-ship-recycling-regulation-srr-to-apply-to-foreign-and-uae-flagged-ships-from-26-june-2025-2 Mon, 16 Jun 2025 08:54:36 +0000 https://fichtelegal.com/uae-ship-recycling-regulation-srr-to-apply-to-foreign-and-uae-flagged-ships-from-26-june-2025-2/ The UAE is setting a new course for sustainability in the maritime sector. Marking a decisive move toward the safe and environmentally sound disposal of end-of-life vessels, the UAE Ship Recycling Regulation (SRR) will apply to a broader range of ships from 26 June 2025 and  stakeholders in the maritime sector should prepare to ensure …

Read More

The post UAE Ship Recycling Regulation (SRR) to Apply to Foreign and UAE-Flagged Ships From 26 June 2025 appeared first on Fichte & Co Legal.

]]> New Amendments To UAE Federal Decree Law No. 33/2021 on Labour Relations https://fichtelegal.com/new-amendments-to-uae-federal-decree-law-no-33-2021-on-labour-relations/?utm_source=rss&utm_medium=rss&utm_campaign=new-amendments-to-uae-federal-decree-law-no-33-2021-on-labour-relations Thu, 05 Sep 2024 08:19:58 +0000 https://fichtelegal.com/?p=43551 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 August 2024, brought notable innovations to Article 54 (on individual labour disputes) and Article 60 (on penalties) of Federal Decree …

Read More

The post New Amendments To UAE Federal Decree Law No. 33/2021 on Labour Relations appeared first on Fichte & Co Legal.

]]> UAE makes strides in crypto asset regulation: An analysis of the new UAE Central Bank Regulations on Stablecoins https://fichtelegal.com/uae-makes-strides-in-crypto-asset-regulation-an-analysis-of-the-new-uae-central-bank-regulations-on-stablecoins/?utm_source=rss&utm_medium=rss&utm_campaign=uae-makes-strides-in-crypto-asset-regulation-an-analysis-of-the-new-uae-central-bank-regulations-on-stablecoins Mon, 29 Jul 2024 05:36:06 +0000 https://fichtelegal.com/an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024-2/ 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 the Central Bank of UAE (CBUAE) by way of Circular No. 2/2024, to be effective in June 2025. Corresponding to …

Read More

The post UAE makes strides in crypto asset regulation: An analysis of the new UAE Central Bank Regulations on Stablecoins appeared first on Fichte & Co Legal.

]]> An insight into the revamped Ultimate Beneficial Ownership Regulations in the UAE as of 2024 https://fichtelegal.com/an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024/?utm_source=rss&utm_medium=rss&utm_campaign=an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024 Tue, 11 Jun 2024 05:36:06 +0000 https://fichtelegal.com/?p=43089 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 the ability of the Registrar to adopt a risk-based approach in the determination of the UBO which will be discussed …

Read More

The post An insight into the revamped Ultimate Beneficial Ownership Regulations in the UAE as of 2024 appeared first on Fichte & Co Legal.

]]> Update: UAE Corporate Tax Registration Deadlines https://fichtelegal.com/update-uae-corporate-tax-registration-deadlines/?utm_source=rss&utm_medium=rss&utm_campaign=update-uae-corporate-tax-registration-deadlines Tue, 26 Mar 2024 07:30:40 +0000 https://fichtelegal.com/uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability-2/ 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 based on the categorization of persons into Resident Juridical Persons, Non-Resident Juridical Persons and Natural Persons. The Decision further stipulates …

Read More

The post Update: UAE Corporate Tax Registration Deadlines appeared first on Fichte & Co Legal.

]]> UAE Coming Out of FATF ‘Grey List’: a Milestone for Business Stability https://fichtelegal.com/uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability/?utm_source=rss&utm_medium=rss&utm_campaign=uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability Mon, 11 Mar 2024 07:30:40 +0000 https://fichtelegal.com/a-glance-in-the-new-insurance-law-in-the-uae-2/ 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 is the recent removal of the UAE from the Financial Action Task Force (FATF) Grey List [1], which can only …

Read More

The post UAE Coming Out of FATF ‘Grey List’: a Milestone for Business Stability appeared first on Fichte & Co Legal.

]]> A Glance in the New Insurance Law in the UAE https://fichtelegal.com/a-glance-in-the-new-insurance-law-in-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=a-glance-in-the-new-insurance-law-in-the-uae Fri, 02 Feb 2024 04:30:40 +0000 https://fichtelegal.com/a-new-era-for-the-shipping-sector-in-the-uae-2/ 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 the United Arab Emirates (UAE). The main reason for this legislative update is the formalization and codification of the transfer …

Read More

The post A Glance in the New Insurance Law in the UAE appeared first on Fichte & Co Legal.

]]> Federal Decree Law No. 43 of 2023 regarding Maritime Law – Download your translation here https://fichtelegal.com/federal-decree-law-no-43-of-2023-regarding-maritime-law-download-your-translation-here/?utm_source=rss&utm_medium=rss&utm_campaign=federal-decree-law-no-43-of-2023-regarding-maritime-law-download-your-translation-here Mon, 18 Dec 2023 06:20:40 +0000 https://fichtelegal.com/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 significant departure from the current maritime law, ushering in substantial modifications that will reverberate across the shipping, legal, and …

Read More

The post Federal Decree Law No. 43 of 2023 regarding Maritime Law – Download your translation here appeared first on Fichte & Co Legal.

]]>