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…

The New DIFC Employment Law- What Has Changed?

[vc_row][vc_column][vc_column_text] DIFC Employment Law no. 2 of 2019 (“New Law”) has recently been enacted which repeals and replaces the DIFC Law no. 4/2005 as amended by DIFC Law no. 3 of 2012 (“Previous Law”). There…

Five Practical Steps to Transferring Shares in a Limited Liability Company in Dubai

The M&A deal is nearing closing.  You now have to transfer the shares of a limited liability company (“LLC”) in Dubai – how do you go about it? This ‘how-to’ note sets out the key…

UPDATE: New Foreign Direct Investments Law

[vc_row][vc_column][vc_column_text] Earlier this year, the UAE government announced that foreigners will be allowed to retain 100% ownership in UAE mainland companies. Federal Decree Law no. 19 of 2018 on Foreign Direct Investments (“FDI Law”) has…

New Business Membership Announcement

[vc_row][vc_column][vc_column_text] Fichte & Co is pleased to announce Business Membership with British Business Group, Dubai & Northen Emirates. Membership Benefits Constructive networking opportunities at breakfast briefings, business lunches, dinners and other social events Insightful guest…

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…

Legal 500’s Exclusive Interview with Managing Partner Jasmin Fichte

[vc_row][vc_column width="3/4"][vc_column_text]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…

UAE cuts ties with Qatar – Recent Developments

The UAE Ministry of Foreign Affairs issued a statement on Monday 5th June 2017 that United Arab Emirates, Saudi Arabia, Egypt and Bahrain were severing diplomatic ties with Qatar, as tensions escalate in the region…

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