Partnerships can be very complicated setups that can turn nasty pretty quickly if the correct measures and buffers are not put into place. Here are a few ways to limit the chances of partnership disagreements. The Written Agreement It is important to have an agreement in writing. Usually, the type of business agreement that can … Read more
As many construction disputes are highly technical and specialized, court experts from both sides are frequently involved. A building expert witness knows a lot about construction and has a lot of experience with it. Construction accidents and injuries will be covered in detail. Their testimony will tell the trier of fact on matters such as construction delays, … Read more
How UAE Corporate Tax Applies to Business Profit The UAE Ministry of Finance first announced Federal Corporate Tax on business profits on 31 January 2022, well before the law itself existed. That law arrived in December 2022 as Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, and it has applied … Read more
What Is a Court Expert in the UAE? A court expert is a technically qualified person — a physician, engineer, accountant, banker, or other specialist depending on the case — who a UAE judicial authority assigns to examine a specific set of facts and deliver a technical or scientific opinion the court itself cannot reach … Read more
The Dubai International Financial Centre introduced a new bankruptcy framework with DIFC 1 of 2019, marking the latest reform in insolvency procedures in the Middle East (the New Framework). This update modernizes and strengthens the DIFC’s restructuring and insolvency processes, replacing the previous system under DIFC Insolvency 3 of 2013 (the Old Framework), as outlined … Read more
Why the Liquidator’s Report Matters in UAE Company Closure Company liquidation in the UAE is rarely as simple as people assume when comparing it to the process of setting up a business. The full procedure typically runs anywhere from one to several months, depending on jurisdiction and business activity, and involves a defined sequence of … Read more
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