UPDATE: FTA Releases List of Designated Zones

The Federal Tax Authority has issued Cabinet Decision no. 59 of 2017 on Designated Zones (“Cabinet Decision”) for the purposes of Federal Law no. 8 of 2017 on Value Added Tax (“VAT Law”). Art. 50…

UPDATE: VAT Seminar – VAT in the UAE and the Implications for the Shipping Sector

We are pleased to have presented Jasmin Fichte as a main speaker of the VAT seminar titled “VAT in the UAE- Implications for the Shipping sector” on December 6th 2017. The seminar was introduced by…

Jasmin Fichte named in the top10 Inspirational Lady-Bosses for Dubai

Our Managing Partner, Jasmin Fichte, has been named in the top 10 Inspirational Lady-Bosses for Dubai, by online lifestyle magazine Lovin Dubai. Click here to check out the full article: https://lovindubai.com/best-of/inspirational-lady-bosses If you want to…

UPDATE: The New VAT Executive Regulations

The long-awaited Draft Cabinet Decision on the Executive Regulation of Federal Decree Law no. 8 of 2017 on VAT (the “Regulations”) have recently been issued by the Federal Tax Authority. The Regulations have provided guidance…

The Welcomed Law for Administration of Estates for Non-Muslims in Dubai

The law for administration of non-Muslim estates in Dubai has recently been announced and applies in both the Dubai courts and DIFC courts. This welcomed approach provides further clarity for non-Muslim expatriates who wish to…

Doing Business in the United Arab Emirates

 I. Key facts What are the key facts on doing business in the UAE? When considering doing business in a foreign jurisdiction, an investor must consider a wide range of commercial, political and capital security…

New MoU between Dubai Land Department and Dubai International Financial Centre

The Dubai Land Department (DLD) and the Dubai International Financial Centre (DIFC) entered into a Memorandum of Understanding (MOU) on May 4th 2017, allowing DIFC registered entities to purchase properties and register their properties with…

Securing a Drydocks’ Claim

Introduction Historically drydocks were seldom facing the problem of obtaining security for the work performed over a vessel. Due to a general retention right recognized nearly worldwide, the payment was in fact made before the…

Legal 500’s Exclusive Interview with Managing Partner Jasmin Fichte

Managing Partner Jasmin Fichte on how Fichte & Co can provide value added substance in critical times where legal budget cuts have been made across industries. What do you see as the main points that…