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Liabilities of Directors under the UAE Bankruptcy Law

The new UAE Bankruptcy Law (Federal Decree Law No. 9 of 2016) came into force as a response to the 2008 global financial crisis. The new law was designed to encourage the development of a “rescue culture”, and replaces Volume 5 of Federal Law No. 18 of 1993 on the Commercial ...

Trademark Licences in the UAE: Paying more attention

When granting a trademark licence, whether in a franchise, distribution, joint venture, or trademark licence agreement, there are a number of factors that need to be considered by the brand owner. Limitations and restrictions on the use of the trademark, and provisions.....


Appointing a Distributor in the UAE

As we have highlighted in past editions of Law Update, a popular method of doing business in the UAE is through distribution arrangements entered into with local, appropriately licensed, distributors. These types of arrangements can give a principal immediate access…


Commercial Law 2015 updates

The UAE has introduced a new Commercial Companies Law (UAE Federal Law No. 2 of 2015) (the New CCL), which replaces the previous Commercial Companies Law (UAE Federal Law No. 8 of 1984, as amended) (the previous CCL). The New…

VAT updates

In recent development on the implementation in the UAE, the Public Revenue Department of the Ministry of Finance have today initiated the first of a series of public engagement workshops for practitioners and businesses. The session was well attended with...

Sharjah Media City (Shams) – FreeZone

A new world-class Free Zone innovation hub for the creative and media industries. Shams is a dynamic initiative that makes a strong connection with the talented individuals it attracts..