dubai Archives - Fichte & Co Legal

Standing Strong with Dubai and the UAE: Operations Remain Active

Jasmin Fichte — Wed, 11 Mar 2026 07:07:47 +0000

In light of recent developments being reported across the region, we would like to briefly confirm that Dubai and the United Arab Emirates remain fully operational, with business activities continuing as normal. All UAE courts, government authorities and regulatory bodies are open and operating, and legal proceedings and commercial activities continue without interruption. At Fichte …

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The UK is Dropping Tax-Free Status – Will Shipowners Set Sail for the UAE?

Manik Verma — Fri, 25 Jul 2025 05:50:21 +0000

From April 2025, the United Kingdom will eliminate its long-standing non-domiciled tax regime. The new rules will introduce a residence-based system, taxing global income and gains after a four-year transition period. For many international shipowners, this means the end of a structure that offered flexibility, tax efficiency, and strategic advantages for decades. The reform goes …

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Fichte and Co appoints Dr Laura Voda as Partner, strengthening its position in the thriving UAE legal landscape

Chiara De Maria — Tue, 25 Apr 2023 16:00:20 +0000

As the UAE continues to establish itself as an ideal hub for business, the need for reliable legal services continues to grow exponentially. With an increasing number of international companies setting up their operations in the country, navigating the local legal landscape can be complex and challenging. As a result, businesses operating in the nation …

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The interpretation of “otherwise” in a Jurisdiction Clause

Ravi P. Jawani — Tue, 20 Sep 2022 04:30:20 +0000

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 was initiated by one of Al Mana Group companies, engaged in food/ beverage and retail sectors operating in the Middle …

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New Emiratisation Laws – 2% Emiratisation Law and Classification Law

Irma Dzinic — Fri, 26 Aug 2022 05:00:20 +0000

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 important part of the UAE national agenda and has already been active for more than 10 years. While the results …

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Approaching Deadline: Amendments to Constitutional Documents of Mainland Companies

Dr. Laura Voda — Tue, 19 Oct 2021 01:49:50 +0000

The Federal Law by Decree No. 26 2020 (“Decree Law”), issued on November 23, 2020, introduced new provisions amending various aspects of the Federal Law No.2 2015 regarding Commercial Companies (“Commercial Companies Law”). The Decree Law did not only abolish the general requirement for Emirati Majority participation but also introduced new and amended provisions for …

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Is the Arbitration Clause included in the General Terms and Conditions of the Insurance Policy a valid clause?

Mahmoud Ahmed — Thu, 07 Oct 2021 03:26:37 +0000

Our client approached us to assist him in filing a case against one of the well-known UAE Insurance Companies. The client complained about his insurance company refusing to cover a surgery under the medical insurance policy. The reason brought for the rejection was that the natural condition of the Insured is due to a congenital …

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Covering the same Risk under Multiple Insurance Policies

Ahmed Salih — Tue, 28 Sep 2021 08:40:14 +0000

The concept of insurance depends on the participation of a group of persons, whether physical or corporate (the insured), that distribute the risks that may result from specific events. The insureds pay pre-determined contributions to the insurance company (the insurer), which undertakes, accordingly to the policies agreed, the responsibility to pay the insurance amount for …

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Dissolution of EMAC and its effects on the business community

Dr. Laura Voda — Wed, 22 Sep 2021 03:33:30 +0000

On September 14 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, issued Decree No. 34 of 2021 (“Decree”) regarding the Dubai International Arbitration Centre (DIAC). The Decree dissolves Emirates Maritime Arbitration Centre (EMAC) and replaces it with the Dubai International Arbitration Centre (DIAC), …

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Is it going to be the end of abandoned vessels in UAE waters?

Jasmin Fichte — Wed, 07 Jul 2021 03:53:31 +0000

Recently, we have witnessed the massive development in the UAE maritime industry; the UAE has acceded to two major international conventions, namely the 1996 Protocol on Limitation of Liability (“LLMC“) and the 2001 International Convention on Civil Liability for Bunker Oil Pollution Damage (“Bunker Convention”). Further, negotiations are carried out for the ratification of the …

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