I am a partner in a limited liability company (LLC) and I own 20% of the capital. Currently, the company is exposed to losses, and the company’s manager does not recognise these losses, and asks the partners to increase the capital to save the company, but all the partners refuse to increase the capital. My […]
Question: A questioner from Dubai asks: 3 years ago, I bought an off-plan apartment from one of the developers, and now when I received the apartment, it became clear to me that the room sizes are small and not in conformity with the purchase agreement. Therefore, I refused to receive the apartment and asked the […]
Starting from 1 June 2023, the Federal Tax Authority (FTA) in the UAE will commence the implementation of Cabinet Decision No. (7) of 2023. This decision introduces amendments to certain provisions of Cabinet Decision No. (65) of 2020, which pertains to fees for services provided by the FTA. One notable addition to this new decision […]
The Federal Authority for Identity and Nationality, Customs and Ports Security has issued a notification urging truck owners registered in the country and owners of goods-transporting vehicles to complete their registration in the national system for tracking shipments and trucks. It is important to keep in mind that the authorized registration period concludes on 30, […]
Sheikh Maktoum bin Mohammed stressed the importance of following up on improvement plans and utilising the existing digital infrastructure to complete transactions The time required to complete cases at the Dubai Court of First Instance has gone down from 109 days in 2020 to only 96 in 2020. Processing time for cases in the appellate […]
The Ministry of Finance (MoF) on Friday issued a statement urging the public to rely only on official publications and posts when looking for details on the UAE’s corporate tax laws.A number of posts circulating on social media and other platforms contain inaccurate and unreliable interpretations and analyses of the corporate tax, the ministry warned:The […]
Renting in Dubai? Fees to pay, required documents, all you need to know before movingExpert offers the ultimate guide for people who are planning to live and rent in the cityWhen scouting a flat or a villa in Dubai, should residents prioritise the cost or the location? Choosing where to live is a big decision, […]
Expat wants to find out the legal complications he may face if the education dues are not cleared Question: I am an expat who has run into financial difficulties. I plan to send my family back home. I have cleared almost all my liabilities except my children’s school fees. Will this affect my plans to […]
The punishment for public sector employees who embezzle money from their place of work is jail time, reminded the Public Prosecution in UAE.The authority took to social media to reminding UAE residents of the penalty for embezzlement. If a public employee is caught embezzling money when on the job or an assignment, the punishment is […]
Employer’s legal right to file lawsuit to claim fine mentioned in the contract Question: A questioner asks: I own a company. My question: what are the penalties that the employer is legally entitled to impose on the worker, and is it required that the workers be acquainted with them or publish them in the workplace? […]