Changes in the UAE Tax Residency – To come into force in March 2023

Cabinet Decision No. 85 of 2022 on the Determination of the Tax Domicile (hereinafter referred to as the “Decision”) is the newest development in the tax related legislation of UAE. The Decision will come into…

UAE Labour Law – The New Clause: Abrogation of maximum (3) three years term of the labour contract

On 15 September 2022 the UAE government issued a Federal Degree Law No. 14 of 2022 “the Amendment”, concerning the amendment of some provisions of Federal Decree Law No. 33 of 2021 on Regulation of Labour Relations.…

What you need to know: The recent Unemployment Insurance Law No. 13 of 2022

On 15 September 2022 the UAE government issued a Federal Degree Law No. 13 of 2022 concerning Unemployment Insurance (“the Law”), which came into force on 29 September 2022 and applied to all workers (UAE…

Fichte & Co Legal marks its presence at the Saudi Maritime Congress 2022

Fichte & Co Legal marks its presence at the Saudi Maritime Congress 2022   Jasmin Fichte moderated the ‘Ports in Focus: Enabling trade, enhancing port standards and embracing technology’ session  Dammam, Saudi Arabia – 29…

We did it again: Leading law firm Fichte & Co is now the first LLC registered law firm in the UAE.

The firm is committed to constantly evolving and growing by welcoming new partners and granting its continuity  Dubai – United Arab Emirates –22 of September, 2022: After earning many landmark judgments for its clients, Fichte…

The interpretation of “otherwise” in a Jurisdiction Clause

On 29 July 2022, the English Commercial court rendered a decision in Al Mana Lifestyle Trading LLC & Ors v United Fidelity Insurance Company PSC & Ors [2022] EWHC 2049 (Comm) case, whereby the claim…

UAE incentivizes the business climate by setting new visa rules

On the path of making the UAE an attractive, quantifiable and sustainable environment for business and living, the UAE Government has announced new residence visa rules in effect from September 2022. This overall safeguards more…

New Emiratisation Laws – 2% Emiratisation Law and Classification Law

What is Emiratisation?   The initiative by the Government of the UAE to increase the number of UAE nationals employed in the private and public sectors is called Emiratisation.    The Emiratisation program is an…

Ship Finance in the UAE

As a Civil law jurisdiction, UAE maritime law is derived from the UAE's Maritime Code (or specifically Federal Law No. 26/1981). Still, the Commercial and Civil Codes govern all maritime financial transactions. The Federal Maritime Authority (FMA) is the…

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