Update: Significant Procedural Change Brought by DET for Incorporating New Companies in the Dubai Mainland

The Department of Economy and Tourism (DET), Dubai, has recently introduced an update to the procedural requirements relating to the incorporation of new companies or subsidiaries in the Dubai mainland jurisdiction. The update affects foreign…

A New Era for the Commercial Companies Law: What the 2025 Amendments Mean in Practice

With Federal Decree-Law No. 20 of 2025, the UAE has implemented one of the most far-reaching updates to its Commercial Companies Law in recent years. Rather than constituting incremental adjustments, the amendments implement structural reforms.…

UAE Corporate Tax Law Amendment: Tax Credit Offsets and Payments for Unutilized Credits

On 15 December 2025, the UAE issued a new Federal Decree-Law amending Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”). The amendments further refine the UAE’s corporate…

Aviation Finance Heading Into 2026: Global Shifts and UAE Momentum

As 2025 draws to a close, the aviation finance landscape looks very different from where it stood just a year ago. Aircraft supply remains constrained, investors are returning to structured transactions, and the UAE is…

U.S. Sanctions and Shipping: Guidance for Flag Registry Managers

In recent years, the US has focused increasingly on “intermediaries” or “facilitators” of sanctions evasion, such as shipping companies, logistics service providers, freight forwarders and transport intermediaries, as well as insurance companies. Over the past…

From Sea to Sky: Expanding our Legal Horizons

For more than two decades, our firm has helped clients navigate the complex tides of shipping and maritime law in the UAE. From vessel finance and registration to insurance and cross-border disputes, we’ve built a…

U.S. Sanctions and Shipping: Guidance for Maritime Insurance Companies

In recent years, the U.S. has focused increasingly on “intermediaries” or “facilitators” of sanctions evasion, such as shipping companies, logistics service providers, freight forwarders and transport intermediaries, as well as insurance companies. Over the past…

A Recognized Port of Refuge in the UAE?

There has been an alarming increase in ship casualties in recent years, often caused by fire in containers, in holds or in the engine room. Recent casualties in the MENA region include the MAERSK FRANKFURT…

The “Dark Fleet” Phenomenon: Risks for Charterers and Owners

In recent years, the so-called “dark fleet” has transformed the maritime landscape. This shadow network consists largely of old tankers in sanctioned trades, particularly involving Russian, Iranian, or Venezuelan oil. These vessels often use deceptive…