UAE Intellectual Property (IP) and Trademark regulations allow businesses and individuals in protecting logos, names, and all other commercial signifiers which are used in identifying unique products and services. Even though there’s no requirement for trademark registration in UAE with the Ministry of Economy, doing so provides myriads of advantages. This includes providing the public … Read more
A company’s fixed assets are assets that are utilized for an extended period of time, including equipment, machinery, buildings, and land. Another characteristic of fixed assets is their physicality. Compared to many equities, they can’t easily be converted into cash. The substantial nature of fixed assets and the fact they can’t simply be spirited away … Read more
Unregulated entities are a key concern in respect of economic and financial crimes and many criminal enterprises utilize commercial institutions to commit such crime. It is for this reason that many governments are seeking to strengthen and enhance their existing Anti-money laundering and counter fraud legislation. To this end, the UAE government issued Cabinet Resolution … Read more
Business setup in UAE includes a procedure that is advisable for businessmen to entrust to business setup consultants in UAE for they to not go through a lot of hustle. There are a lot of government requirements that need to be adhered to, and consultants already know their way with these matters. Another procedure that … Read more
The UAE Federal Supreme Court (“Supreme Court”) recently made a ruling on the provisions relating to the procedural requirements for notifications of decisions made by the tax dispute resolution committees, and the effect of such requirements on the time-bar limitation to approach the Courts to contest such decisions. The rule of thumb is that any … Read more
The United Arab Emirates’ Ministry of Economy or MOE developed strategic plans in order to combat practices of money laundering in the country. The government’s initiative involves the setup of a specialized department referred to as the UAE Anti-Money Laundering Department. This newly created government department will act within the MOE’s structure. Its goal is … Read more
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