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DIFC Wills: Protect Your Assets in Dubai
Prior to the launch of Dubai International Financial Centre (“DIFC”) Wills and Probate Registry, Dubai Courts would normally apply Sharia law to non-Muslims for the question of how to distribute their assets in Dubai in the event of their deaths. The DIFC Wills and Probate Registry (“WPR”) is an administrative body that collaborates with the…
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Abu Dhabi’s New Real Estate Law
The Abu Dhabi new real estate law, Law No. (3) of 2015 Regulating Real Estate Sector in the Emirate of Abu Dhabi, has come into effect as of January 2016. This article discusses a few impotent provisions that have been introduced by the new law. Part one of the new law defines important terms, such as the…
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Ministry of Labour Provides Official Template of Offer Letter
Background Following the three ministerial decrees of January 2016, all employees across the UAE will be presented with a standard Job Offer that contains clear and binding terms of employment, prior to the worker’s entry in the UAE, or prior to the change of status in case the worker is already in the country. If an employee is…
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Removal of Sanctions: Iran Nuclear Deal
In June 2006, China, Russia, and the United States joined France, Germany and the United Kingdom which had been negotiating with Iran since 2003, to offer another proposal for comprehensive negotiations with Iran in diplomatic efforts to reach a nuclear deal with Iran to ensure that its nuclear program is peaceful and in return Iran could rejoin the…
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Impact of the new DIFC Wills and Probate Registry on Expats
On May 4, 2015, the Dubai International Financial Centre (“DIFC”) launched the DIFC Wills and Probate Registry (“Registry”). Following this Registry, DIFC became the first and only, at this time, jurisdiction in the MENA region where non-Muslim foreign nationals with assets in the Emirate of Dubai are able to register their wills under common law principles, whereby a testator…
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DIFC Offers Single Family Offices to Family Owned Businesses
The concept of family offices has proven successful in the global family owned business environment. In the UAE, as per the regulations of Dubai International Financial Centre (DIFC), family businesses have been encouraged to establish Single Family Offices (SFOs) at DIFC. What Is A Single Family Office? A single-family office is an organizational structure that…
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UAE Labour Law 2016
New UAE Labor Regulations: Higher Labor Standards On September 27, 2015, the Ministry of Labour introduced three decrees, which come into effect at the start of 2016, to ensure more transparency and clarity of the Labor Contracts and termination related issues, greater protection for employees and to provide for a more balanced and flexible work environment. The…
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Key Distinctions between DIFC Employment Law and UAE Labour Law
Probation, Notice Period & Termination: Under UAE Labour Law, the employee and employer can agree on a probation for a period not exceeding six (6) months, during which the employer may terminate the employment without notice or end of service benefits. Furthermore, and upon successfully completing the probation period, the required notice period to be…
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UAE Labour Law Reform 2016
Labour Law of UAE – Reforms for 2016 Expatriates and business owners have warmly appreciated the recent reforms to the Labour Law of UAE. Minister of Labour Saqr Ghobash in his press conference to the journalists told that these labour reforms aim to tighten oversight of employment agreements for temporary migrant workers. These reforms will…
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Prof. Dr. Wilhelm – An Invaluable Addition to Our Team
With lawyer Prof. Dr. Wilhelm, Azhari Legal Consultancy is bringing aboard an experienced expert in international business and tax law. Prof. Dr. Wilhelm, a licensed attorney-at-law in the UAE, Switzerland and Germany is an expert in international corporate and tax law, specializing in structuring cross-border transactions. In addition, Prof. Dr. Wilhelm can look back on many years…
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STRAFFREIHEIT DURCH STEUERLICHE SELBSTANZEIGE - TODAY, Tuesday 30. March 7.00 PM: ‘Employment Laws and Regulations in UAE’ with Dr. Ghassan Azhari @ GoToMeeting Online
- Part 32 Offer – Early Disposal of Claims at DIFC Courts
