The new law represents a pivotal legislative milestone and a qualitative shift in regulating civil transactions in the UAE The UAE Government has issued a new law regarding civil transactions, and reducing the age of majority from 21 lunar years to 18 Gregorian years. The new law aims to establish a comprehensive and integrated legal framework — shifting the way civil transactions…
The UAE Government has issued a Federal Decree Law promulgating the Civil Transactions Law, with the aim of establishing a comprehensive and integrated legal framework. The new law represents a pivotal legislative milestone and a qualitative shift in regulating civil transactions in the UAE, based on a balanced and contemporary vision that seeks to reorganise the general foundations of rights…
The UAE Government has issued a federal decree law concerning the Capital Market Authority and a federal decree law concerning the Regulation of Capital Markets, as part of the UAE’s ongoing efforts to modernise the legislative and regulatory framework governing the financial sector and enhance its stability, efficiency, and competitiveness. The Decree Laws also further alignment of the national regulatory…
The Ministry of Human Resources and Emiratisation (MoHRE) announced an increase in the minimum wage for Emiratis employed in the private sector to AED6,000 per month, effective 1st January 2026. This also allows establishments that employed Emiratis prior to the specified date to adjust their salaries to meet the new minimum wage by 30th June 2026. In a press statement,…
In a major shift for financing, private joint-stock companies may now raise capital through private subscriptions on licensed UAE financial markets The UAE has issued a new Federal Decree-Law introducing major amendments to the Commercial Companies Law, marking the latest step in a broader 2025 reform programme aimed at strengthening the country’s position as a global business destination. The new…
The new permit covers non-regulated activities including technology, consultancy, design, professional services, and trading, with plans to extend to regulated sectors. Dubai has launched Free Zone Mainland Operating Permit to enable free zone companies to operate in Dubai’s mainland through a structured permit system. “This move eases cross-jurisdiction operations, opening cost-effective, low-risk pathways for businesses to engage in domestic trading…
SALE OF PROPERTY IN DUBAI The Dubai Land Department (DLD) has announced the implementation of new regulations concerning Power of Attorney (POA) and Declaration Letters, effective 1 July 2025. Read full article: HERE www.trenchlaw.com
The Federal Tax Authority is pleased to announce that it has launched an initiative to waive the administrative penalty for late submission of corporate tax registration applications within the specified deadline. This initiative is intended to further support the UAE business sector by enabling mechanisms that allow taxpayers to meet their tax obligations. Waiver Conditions To qualify for the waiver…
DUBAI, 10th March, 2025 (WAM) — In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (2) of 2025, pertaining to the Dubai International Financial Centre Courts (DIFC Courts).Provisions of the new law seek to regulate the judicial and administrative aspects of the…
The authority warned of administrative penalties that will apply for violations such as overstaying or failing to leave the country The Federal Authority for Identity, Citizenship, Customs, and Port Security has urged citizens and residents of the UAE to take advantage of the benefits offered through the Friend or Relative Visa service, available via the authority’s website and smart application…
