The UAE government has introduced a comprehensive set of regulatory changes aimed at refining the legal profession and consultancy sector. The updated framework establishes clearer guidelines for legal operations, governance, and international collaboration, ensuring higher transparency and efficiency across the industry. Major Legal Reforms and Key Updates The newly enacted regulations provide a structured approach…
The Abu Dhabi Judicial Department (ADJD) recently hosted a high-profile international forum addressing legal strategies to fortify national industries and safeguard consumer rights. Titled Advancing National Industry and Strengthening Consumer Protection Laws, the event brought together over 300 legal professionals and industry experts to discuss pressing challenges in market regulation and commercial fraud prevention. Forum…
In the UAE, a No Objection Certificate (NOC) is a crucial document issued for a wide range of tasks such as changing jobs, applying for a visa, starting a business, and even securing a loan. You might find that an NOC is required at every step. Although recent reforms have made it easier for employees…
Abu Dhabi has introduced a fresh set of regulations for the establishment and operation of endowment companies in the emirate. This new framework, announced on February 17, 2025, is a collaborative effort between the Abu Dhabi Department of Economic Development (ADDED) and the Endowments and Minors’ Funds Management Authority (Awqaf Abu Dhabi). The regulations aim…
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has signed a new law introducing a 20% corporate tax on businesses involved in extractive and non-extractive natural resources. The initiative aims to strengthen fiscal management and ensure compliance within the emirate’s resource sectors. Extractive companies engaged in oil,…
The Federal Tax Authority (FTA) has issued a reminder to individuals conducting business activities in the United Arab Emirates (UAE) to complete their Corporate Tax registration by March 31, 2025. This requirement applies to those whose business turnover exceeded AED 1 million during the 2024 calendar year or in subsequent years. Failure to meet this deadline…