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Author: Legal Maxims

Types of Business Licenses in Dubai, UAE

Aside from deciding on whether to start your company in the Mainland or Free Zone or Offshore area, you are also required to obtain appropriate trade license(s) for your company to operate in the selected trade zone. A trade license is a must when it

Dubai International Arbitration Centre

Launch of Dubai International Arbitration Centre’s New Rules

The Dubai International Arbitration Centre (DIAC) has finalized its new arbitration rules for 2022 as part of its efforts to cement Dubai’s role as a global alternative dispute resolution hub. The New Arbitration Rules will be effective from 21 March 2022. Legal practitioners and parties

Why should you register a WILL in the UAE?

What is a WILL? WILL is a legal instrument which is created during the lifetime of a person that sets forth how and to whom all your tangiable and intangiable assets should be distributed after the testator’s death. The assets covered by your Will includes

The impact of corporate tax in the UAE

Introduction Exemption from the tax is indeed a privilege enjoyed by UAE for decades. Any individual was able to start a company in UAE and run their business without paying tax for 50 years!! But in recent days, UAE has made a step closer to

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