At Pulkovo Airport in St. Petersburg customs officers detained a passenger who arrived from the United Arab Emirates with a connecting flight to Turkey. The Russian citizen was trying to smuggle through the green channel and found an undeclared Rolex watch in his luggage.Inspector examined the man’s luggage, but found an empty box of watches […]
You are presumed to own real estate in Dubai and intend to transfer it to members of your first degree family. Therefore, the provisions of Executive Council Decree No. 30 of 2013 approving the Land Department Fees (“Dubai Land Department Fees Decree 2013”) are applicable to you. The Dubai Land Department only levies fees and […]
Does the money go to a family member or is it confiscated by the bank? Q: What is the law regarding a bank account if an expatriate in the UAE dies untimely without registering a will in the country? Does the money go to the spouse/family member or is it confiscated by the bank?Answer: As […]
Up to Dh1 million fine for violating UAE social media laws: 5 rules you must knowIndividuals must be careful not to violate the country’s cybercrime regulations as federally decreed:What is the rules of posting social media-! Pursuant to your queries, the provisions of Federal Decree Law No. 34 of 2021 on Combatting Rumours and Cybercrimes […]
Legal reform is an important part of a modernising nation’s economic prosperity. The provision of an expert legal sector is fundamental to the success of business and commerce, and underpins the very fabric of our society. Located in a civil jurisdiction, Dubai made an admirably daring move almost 20 years ago when setting up the […]
UAE drops death sentence for Israeli woman in drug case The lawyer representing an Israeli woman convicted on drug charges in the United Arab Emirates says the UAE has canceled a death sentence issued earlier this year JERUSALEM — The United Arab Emirates has canceled a death sentence issued earlier this year to an Israeli […]
New draft commercial agency law to allow public joint-stock companies with at least 51% of national capital contribution to act as commercial agents: Minister of Economy ABU DHABI, 29th June, 2022 (WAM) — Abdullah bin Touq Al Marri, Minister of Economy, said the new draft federal law on the regulation of commercial agencies allows public […]
On 20 June 2022, the UAE Federal Tax Authority (FTA) released a new Public Clarification (Ref. EXTP007) outlining the process of notifying the FTA in cases of deficiency or destruction of excisable goods within a Designated Zone (DZ), and the required process of receiving the approval of Excise Tax relief subject to meeting certain conditions. […]
Cryptocurrencies and blockchain projects in the UAE are regulated by FSRA (Financial Services Regulatory Authority) in relation to ADGM (Abu Dhabi Global Market). This authority publishes guidance on cryptocurrencies. It also monitors blockchain business to ensure transparency as well as to prevent money laundering and terrorist financing. Other bodies that may contribute to the regulation […]
The UAE prosecutor’s office has announced a minimum fine of 250,000 dirhams and a maximum fine of 500,000 dirhams for threatening or blackmailing someone online.Violators will also be sentenced to no more than two years in prison. In a social media post, the prosecutor’s office said the penalties are aimed at combating electronic crime and […]