Nestled within Dubai’s bustling financial hub, the DIFC boasts a distinctive legal and regulatory framework, embracing global standards. One such benchmark is the adoption of the Common Reporting Standard (CRS), facilitating the automatic exchange of financial data. Within this system, entities within the DIFC are categorized as either Reporting Financial Institutions (RFIs) or Non-Reporting Financial […]

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There are numerous gift-giving ways. Some of them are done on a minor scale, but some are on a bigger scale, such as this one. Property gifting is a common practice amongst businesses, and now, it is also influencing other people. Hence, in UAE, you can now gift property, but this also comes with some […]

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COVID-19 has affected businesses all over the world. People are facing credit issues due to emergency circumstances because of this pandemic. The UAE cabinet declares the modifications in bankruptcy law in UAE associated with bankruptcy. Corporations will face a penalty or heavy fines if they keep on continuing to trade in the condition of bankruptcy. […]

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File Bankruptcy is the red alarm that makes space for debtors to devise a payoff plan. The list of individuals who have seen bankruptcy once in their life goes down from venture capitalists to startup owners. One may lose significant assets and even family home is at stake after being bankrupt. Speaking to legal bankruptcy […]

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It is a good thing that you are planning to open a new business. And you are planning to expand your current business, but do you realize some laws govern your intentions? Maybe not, but do not worry you have landed at just the right place. Business law is a broad area of law. In […]

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