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The Law Reporters offers expert insights and analysis on the latest legal trials, legal updates, financial affairs, and trends. Each episode features engaging discussions with leading lawyers, judges, and legal scholars from around the world. Our podcast provides an in-depth analysis of the legal and financial landscape and how it affects our daily lives. Tune in every Wednesday for a new episode.
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With over 5 months into the implementation of corporate tax, we delve into key exemptions, including participation, dividends from UAE entities, and foreign profit exemptions. Uncover the nuances that can lead to a significantly reduced effective tax rate in this insightful discussion on UAE's tax landscape. For instant legal updates: The Law Repor…
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UAE's commitment to tackling money laundering is unwavering. With the Financial Intelligence Unit and the police leading the charge, we're partnering globally, sharing intelligence, and using tech solutions to pinpoint suspicious transactions. For instant legal updates: The Law Reporters Let's Connect on Social Media Instagram Facebook Linkedin Twi…
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The Dubai International Arbitration Centre's mediation rules, approved in July 2023, are now in effect. From October 1st, all new mediation requests submitted to the Centre will be governed by these Rules, with introductory provisions outlined. Whether it's an agreed-upon mediation or a dispute in need of resolution, these rules provide a framework…
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UAE is home to people from various nationalities, cultures, and religions. While Islamic law predominantly governs the UAE, it's crucial to note that it also respects the rights of non-Muslim residents and other expatriates. Non-Muslim divorce proceedings are primarily governed by Federal Law No. 28 of 2005, known as the Personal Status Law. This l…
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You should take into account key intellectual property rights such as patents, trademarks, copyrights, and trade secrets, as they each fulfil distinct roles in safeguarding your startup's intellectual assets. While securing these IP rights might appear daunting, there's no need to worry. The UAE offers established procedures and supports from organ…
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The UAE Cabinet has introduced a new framework allowing employees in the private sector and free zones to potentially invest their end-of-service benefits. Participation in this system will be voluntary for workers. Under this system, a savings and investment fund will be established, overseen by the Securities and Commodities Authority in collabor…
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Artificial intelligence has transcended our expectations, harnessing its creative capabilities to produce awe-inspiring pieces of art. From paintings to sculptures and even music compositions, AI has opened up a world of possibilities, blurring the lines between man-made and AI-generated creations. For instant legal updates: The Law Reporters Let's…
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The corporate tax regulations in the UAE are applicable to businesses engaged in activities such as manufacturing, toll manufacturing, contract manufacturing, and goods and material processing. These entities, collectively termed manufacturing and processing companies (MnPC), fall under the purview of the law unless they meet exemption criteria or …
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Starting from August 1, 2023, both individuals and legal entities classified as taxable persons are required to comply with the corporate tax law. Failure to adhere to the law will result in penalties imposed by the Federal Tax Authority (FTA) for various offenses related to corporate tax. For instant legal updates: The Law Reporters Let's Connect …
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Investing in the next generation is key. With their innate technological prowess and innovative mindset, they can lead family businesses into the digital future. Leveraging our region's youthful population is essential to ensure long-term success and global competitiveness. For instant legal updates: The Law Reporters Let's Connect on Social Media …
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The UAE government introduced a new initiative that allows students to apply for a golden visa. This visa provides long-term residency benefits and opens up a world of opportunities for students pursuing their education in the UAE For instant legal updates: The Law Reporters Let's Connect on Social Media Instagram Facebook Linkedin Twitter TikTok Y…
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The legal realm has seen a multitude of technological changes and advancements but the incoming of AI is one like no other. The introduction of large language model-based systems such as GPT marks the first time that an easily accessible technology can carry out sophisticated writing and research tasks that most commonly require highly skilled peop…
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According to the UAE Ministry of Human Resources and Emiratisation, non-compliant businesses will be subject to AED42,000 fines as of July 8 for each unemployed Emirati. The ministry further stated that they encourage businesses to use the extension to their advantage in order to meet their objectives. For instant legal updates: The Law Reporters L…
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According to a statement from the Ministry of Human Resources and Emiratisation, fines will be imposed on those who do not register for the unemployment insurance scheme. For work permits issued before January 1, 2023, fines will be applied starting on June 30. Those with work permits obtained on or after that date must abide by the programme withi…
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The Federal National Council (FNC), has granted approval for an extension in the duration of work permits. Previously set at two years, the permits will now be valid for three years. This decision was made following a recommendation from an FNC committee aiming to alleviate the financial burdens associated with obtaining work permits. For instant l…
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𝐓𝐡𝐢𝐬 𝐲𝐞𝐚𝐫 𝐖𝐨𝐫𝐥𝐝 𝐈𝐧𝐭𝐞𝐥𝐥𝐞𝐜𝐭𝐮𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐃𝐚𝐲 𝐜𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐞𝐬 "𝐖𝐨𝐦𝐞𝐧 𝐚𝐧𝐝 𝐈𝐏: 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐂𝐫𝐞𝐚𝐭𝐢𝐯𝐢𝐭𝐲," 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐨𝐟 𝐰𝐨𝐦𝐞𝐧 𝐭𝐨 𝐭𝐡𝐞 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐜𝐫𝐞𝐚𝐭𝐢𝐯𝐢𝐭𝐲. 𝐟𝐨𝐫 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐋𝐞𝐠𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞𝐬: https://bit.ly/thelawreporters For instant legal updates: The Law Reporters Let's Connect on Social Media Instagram F…
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