Legal

AML compliance services for real estate broker/agents companies in UAE

As the real estate sector continues to boom in the United Arab Emirates (UAE), so do the risks associated with money laundering. Money laundering is a serious crime that can have negative consequences on the financial system, the economy, and society as a whole. To mitigate these risks, the UAE has implemented robust anti-money laundering

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Economic Substance Regulations UAE

What are Economic Substance Regulations, when were they introduced and why did the UAE Government introduce them? The resolution was introduced by the Cabinet of Ministers Resolution No.31 of 2019 and it came into view on 30 April 2019. The guidance was issued by (Ministerial Decision No. 215 of 2019) on 11 September 2019. The

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Is Your business compliant? Economic Substance Regulations is Mandatory for all Businesses in the UAE

ECONOMIC SUBSTANCE REQUIREMENTS (ESR) On 30th April 2019, the United Arab Emirates (UAE) issued the Cabinet of Ministers Resolution No. 31 of 2019 concerning Economic Substance Regulations in the UAE (the “New Law”). The New Law requires certain companies, including those incorporated in the UAE Mainland or Free Zones (the “licensees” or the “Companies”), to

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Patent Registration in Dubai/ Patentability Subject Matter

United Arab Emirates, soon after its formation, took no time to realize the importance and beneficial aspects of Intellectual Property rights and became Party to almost all the major IP conventions and treaties and now follows International standards in the protection and prosecution of Trademarks, Patents, Copyrights, Designs and other IP rights. UAE have an

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