The Brazil-UAE Double Tax Treaty (DTT) came into force on 1 January 2022, giving companies and individuals doing business across both countries a clearer framework for avoiding double taxation. Since UAE Corporate Tax took effect under Federal Decree-Law No. 47 of 2022, the treaty’s residency and permanent establishment provisions carry more direct weight than when … Read more
A joint liability company is a UAE partnership structure formed by two or more partners who are jointly and personally liable, with all their assets, for the company’s debts and obligations, distinct from a limited liability structure where liability is capped at each partner’s capital contribution. Because this structure is built around personal trust between … Read more
What an MLRO Report Is An MLRO report is a formal periodic submission prepared by the Money Laundering Reporting Officer of a financial institution or Designated Non-Financial Business and Profession (DNFBP), reviewing the organisation’s AML/CFT compliance position over a defined period. It is addressed to senior management and, separately, to the relevant supervisory authority. Its … Read more
Excise Law UAE was introduced by the UAE Government under Federal Decree-Law No. 7 of 2017 to control the use of harmful products and increase public health awareness. The law is administered by the Federal Tax Authority (FTA) to ensure proper Excise tax(levy) compliance. Businesses that fail to follow the law can face financial penalties, … Read more
In the United Arab Emirates (UAE), the legal system relies on the expertise of professionals in various fields to provide expert witness testimony in court cases. In complex banking and financial litigation, a banking expert witness assists the court by providing specialized knowledge and opinions on banking practices, regulations, and industry standards. This article will … Read more
UAE trademark law allows a single trademark application to cover multiple product and service categories at once, an efficient way for a business to protect one brand name across everything it actually sells or does. Getting the class selection right matters more than it might seem: registering in the wrong classes, or too few of … Read more
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