What Fixed Assets Are and Why They Require a Dedicated Audit Fixed assets — also called property, plant and equipment (PP&E) — are the tangible, long-term assets a business uses in its operations rather than sells in the ordinary course of trade. Land, buildings, machinery, vehicles, office equipment, and leasehold improvements are all fixed assets. … Read more
What Is a Trademark and Why Does Registration Matter in the UAE? A trademark is any distinctive sign capable of distinguishing the goods or services of one business from those of another. It can be a name, logo, slogan, symbol, numeral, three-dimensional shape, or a combination of these elements, and under current UAE law it … Read more
UAE Initiatives to Combat Anti-Money Laundering: The Institutional Framework Combating money laundering in the UAE is not the work of a single law or a single regulator. It runs through a network of national bodies, each with a distinct mandate, coordinated at the top by a single committee and backed by a reporting platform that … Read more
As part of legislative reforms aimed at improving corporate transparency, the UAE government issued Cabinet Resolution No. 58 of 2020 concerning Ultimate Beneficial Ownership (UBO) procedures, effective 28 August 2020. The framework was later updated by Cabinet Decision No. 109 of 2023, refining the reporting and registration requirements for beneficial interests, ultimate beneficial owners, and … Read more
Intellectual property theft is a real and growing risk for UAE businesses and inventors, from counterfeit products undercutting a genuine brand to a competitor copying an unregistered invention outright. The UAE Ministry of Economy and Tourism (MoET) administers three separate protection regimes for this: patents, trademarks and copyright. Each is governed by its own law, … Read more
A trademark is a distinctive sign unique to a business or brand — the specific feature that lets customers recognize a company’s products or services and tell them apart from a competitor’s. Legally, it represents and protects a brand’s identity, and it can take several forms: a word or name, a logo or symbol, a … Read more
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