OECD Common Reporting Standards (or CRS) are global standards applied by financial institutions for automatic exchange of information, aimed at identifying the effective tax residence and any investment income, account balances and sales proceeds of…
In a noteworthy first decision, the Judicial Tribunal for the Dubai Court and DIFC Court (JT), established to decide conflicts of jurisdiction between the two courts, has ruled on 27 January 2017 that Daman Real Capital…
International business companies (IBCs) incorporated or proposed to be incorporated in Ras Al Khaimah must note the recent establishment of the Ras Al Khaimah International Corporate Centre (RAKICC) which, going forward, will be the sole…
On 12th December 2016 a package of legal agreements (“the Legal Package”) was signed between the Dubai International Financial Centre (DIFC) Courts and Ras Al-Khaimah. The overall Legal Package consists of two Co-operation Agreements and…
The issue concerning legal capacity has caused much consternation in the UAE due to the fact that UAE legislation requires a special authorization for arbitration and thus losing the right to litigate disputes in the…
Fichte & Co held a very successful launch event to mark the official opening of its new office in Abu Dhabi, Fichte & Co LLP. The office marks the next phase of the award-winning company’s…
Fichte & Co s is proud to announce that Senior Associate, Paul Katsouris, has been named ‘Young Person of the Year’ at the 2016 Seatrade Maritime Awards – Middle East, Indian Subcontinent & Africa. Now…
As a Civil law jurisdiction, UAE maritime law is derived from the UAE's Maritime Code (or specifically Federal Law No. 26/1981) but all maritime financial transactions are governed by the Commercial and Civil Codes. The…
Fichte & Co is proud to announce its latest industry accolade after being named ‘Best Maritime Law Firm’ at the 2016 Maritime Standard Awards. The Maritime Standard is the region’s most exciting and coveted maritime…
