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New DIFC Employment Law Expected to Introduce Minimum Limit of 50% of Employee’s Gross Salary as Basis for End of Service Gratuity Calculation
The new law is expected to be enacted around Q1 of 2019 and to introduce significant changes to the current DIFC Employment Law (DIFC Law No. 4/2005, as amended by DIFC Law No. 3/2012) as per the consultation papers published in early 2018. For instance, it is expected that the current Article regulating the end…
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Dr. Ghassan gave students of the Institute for Entrepreneurship & Business Excellency an overview of the fiscal pitfalls of e-commerce businesses operating on an international level.
Middlesex University, Dubai. Dr. Ghassan gave students of Institute for Entrepreneurship & Business Excellency an overview of the fiscal pitfalls of e-commerce businesses operating on an international level.
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Dr. Ghassan invited by Middlesex University
Dr. Ghassan has been invited by the Middlesex University for a special event of the Institute for Entrepreneurship & Business Excellence. He will speak about the international tax framework of e-commerce businesses. The event will take place on 19 February 2019 at 6:30 pm, Middlesex University, Oasis Theatre in Dubai Knowledge City. All our Clients are welcome!
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A closer look: Non-competition provisions in the UAE
In the UAE post-termination restrictions are a common practice and imposed by the employer to prevent that the employee joins a competitor after terminating the employment. Such covenants are lawful, but only to the extent which is necessary for protection of the legitimate interests of the employer. In order to be considered valid by the…
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Enforcement of Arbitration Awards in the UAE under the new Arbitration Law – As simple as it gets?
An arbitration case comes to the end with the issuance of an arbitration award to each party. If the losing party does not honour the arbitral award, the enforcement institutions of the state in which the assets of the losing party are located, need to be called. What the winning party needs to do In…
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Dr. Ghassan appointed as Visiting Professor for ‘International Taxation’ at SRH Hochschule Berlin.
Dr. Ghassan teaching ‘international taxation’ at SRH Hochschule in Berlin. The university appointed Dr. Ghassan who is an accredited tax lawyer in Germany as visiting professor for ‘international taxation’. Ghassan’s lecture covers several fiscal aspects of doing business on an international level with a clear focus on Double Taxation Agreements between the Gulf states and European countries.
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Is Your Financial Information Subject to the “Automatic Tax Information Exchange
Following the ratification of the OECD’s Common Reporting Standard (CRS) in July 2014, some 104 countries have now dedicated themselves to financial transparency. While 55 countries, including most EU countries, already started to automatically exchange information beginning January 1st, 2017, the remaining countries will do so a year later. The UAE is one of the countries that will start…
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Dubai Court Ruling on Non-Registered Distribution Agreement
Dubai Court Ruling on Non-Registered Distribution Agreement: No automatic renewal of a limited-term Distribution Agreement by the continuation of Trade No compensation for non-renewal/termination of a Distribution Agreement Azhari Legal Consultancy successfully defended its client, a German manufacturer (the “Client”), in a lawsuit against a UAE authorized distributor (the “Distributor”) seeking compensation for the termination…
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Azhari Legal Consultancy representing Claimant in a USD 17 million ICC Arbitration Case
Azhari Legal Consultancy (“ALC”) is currently representing a significant client, a foreign engineering and architecture company, in an International Chamber of Commerce (“ICC”) Arbitration case in Dubai. In this case, ALC team of attorneys and professional staff is offering its breadth of experience and knowledge to arbitrate a dispute in connection with one of the…
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Nima Michael Moshggoo, Esq., Presentation on Protection and Financial Planning in UAE
On November 14, 2016, Nima Michael Moshggoo, Esq., attorney-at-law from Azhari Legal Consultancy, held a presentation as part of a seminar in respect of financial planning in the UAE. Titled “Protection and Financial Planning in UAE,” the talk focused on what expatriates in the UAE can do to properly manage their finances and protect their…
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