We did it again: Leading law firm Fichte & Co is now the first LLC registered law firm in the UAE.

The firm is committed to constantly evolving and growing by welcoming new partners and granting its continuity  Dubai – United Arab Emirates –22 of September, 2022: After earning many landmark judgments for its clients, Fichte…

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…

7 Things You Need To Know Before You Go Freelance In The UAE

Many expats in the UAE are hesitant about going freelance despite the attractions of being your own boss. Here, we answer the key questions about freelancing. Is freelancing permitted in the UAE? Freelancing is permitted…

Summary of the new UAE VAT Law

On 23 August 2017, the UAE published Federal Decree Law No. 8 of 2017 on Value Added Tax (“VAT Law”) which comes into effect on 1 January 2018 and sets out the framework within which…

The New Dubai Investor License

It has recently been announced by the Dubai Business Registration and Licensing sector of the Department of Economic Development (DED) that a new type of “Instant License” is to be issued to businessmen and investors…

New Excise Tax In The UAE

On 17 August 2017, the UAE published Federal Decree Law No. 7 of 2017 on Excise Tax (“Excise Tax Law”) which comes into effect on 1 October 2017 and sets out the framework within which…

Directors Liability in the UAE: what you need to know

C-level leaders, corporate directors, and company owners are given a great deal of power when running their organizations and divisions, both onshore and offshore, in the United Arab Emirates (UAE). Failing to follow the laws…

UAE Issues Waiver for Amendments to MOA of LLC’s

The UAE Ministry of Economy recently issued the ministerial resolution no. 694 of 2016 (the “Resolution”) which waives the requirement of amending the memorandum of association (“MOA”) of limited liability companies (LLC), joint liability companies,…

LLC’s: time for compliance check with Companies Law?

Although the Companies Law (Federal Law 2/2015 concerning commercial companies), which came into effect in July 2015, did not bring about ground-breaking changes to the legal regime surrounding limited liability companies (LLC) in the United…