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Laws in Dubai that Tourists Might Not be (but must be) Aware of.

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The world is witnessing Dubai’s rapid growth and it is turning into one of the most sought- after destinations for tourists around the world. Even though this is the case, many travellers, especially from the Western countries, think twice before planning a vacation in Dubai as it is portrayed to be extremely conservative. But, if you can keep just a few points in mind, this place can offer you the most unforgettable vacation of your lifetime. Respect the culture of the place you are visiting Something every traveller visiting another country should keep in mind is that you are there to experience their culture and not to give them a cultural shock. When most countries might be lenient on tourist laws, Dubai is definitely not one of them. As an Islamic country, Dubai has laws that are thoroughly intertwined with religion and that is why it becomes extremely important to be sensitive about the rules they have in place. You can also consult with any of the advocates in Dubai
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How Does DIFC Help You with Will Succession If You Are a Non-Muslim

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When it comes to real estate in Dubai, there were all these confusions or uncertainties regarding how the will come into the equation when non-Muslims or expats are involved. That has all changed with a series of rules that were laid out by the Dubai International Financial Center or DIFC. The reason why many hold skepticism in the Dubai real estate law is that it did not allow the Right of Survivorship concept. This means that after the death of a person, his or her land fall under the ruling of Sharia law. We will explain more about in the following sections. Why are many Non-Muslims and Expats apprehensive about owning assets in Dubai? Since Dubai did not support Right of Survivorship, this alone made non-Muslims and expats uncomfortable in owning assets in Dubai. There is no guarantee that their offspring would get the assets. So naturally, they tried to take their assets and move them offshore. However, this does not contribute to Dubai’s economy as it takes money aw
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Location: United Arab Emirates
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New FDI ruling in UAE encourages new industry and foreign investment

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The recently introduced Foreign Direct Investment Law (Federal Law 19 of 2018) is an epoch making event in UAE’s economic history. As per the new law, foreign shareholders can now have upto 100% ownership of companies in specified sectors.  The FDI law provides for a positive list and a negative list which is nothing but the sectors in which 100% FDI is allowed and sectors in which they are not. As per the law, the UAE cabinet is to form a FDI committee which will suggest the sectors to be included in the ‘positive list’.  The final decision on the sectors in the ‘positive list’ will be left to the UAE cabinet.  A broad outline or principles has been given for the FDI committee to determine the sectors under positive list.   (i) To be in alignment with the overall plans of UAE; (ii) Value addition to UAE economy; (iii) Technology innovation and job opportunities and training for UAE Nationals; (iv)The overall expertise, repute and competency of the FDI firm; (v) Modern te
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Location: United Arab Emirates
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Know About the New Law in UAE - "the Federal Waqf Law"

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The concept of Waqf has long been a matter of confusion to an extent where people didn’t want to process significant amounts of the asset through Waqf because of its somewhat unstructured law. However, things are taking a turn for the best as His Highness Sheikh Khalifa bin Zayed Al Nahyan issued the latest UAE Federal Waqf Law No. 5 of 2018 or as it is popularly known, The Federal Waqf Law. Explaining Waqf and why people were not sure about it To explain in detail, Waqf is the process of transferring the ownership of a property or an asset to a juristic body. From the moment of transfer, the Waqf will handle the benefits or profits gained from the assets. Now the confusion comes in deciding whether Waqf can be done for a temporary period or whether the benefits are transferable to the donor’s family. Muslim scholars were of different opinions on this matter, and the sharia law doesn’t provide enough insight into Waqf laws because there wasn’t enough valid consensus on the subjec
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Location: Dubai - United Arab Emirates
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IP Protection Law in UAE: An Overview

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Intellectual property can be summed up as the property that is created with the human mind. Every invention, piece of literary or artistic work, brand names and even symbols can be called as intellectual property. Since it is a product of sheer imagination and commitment, it should be regarded as every other asset that needs protection. This is where intellectual property laws come in.  They protect intellectual property from theft and corruption using trademarks, patents, copyrights, and trade secrets. The IP Protection laws varies from place to place. Intellectual property protection or IP protection in UAE is governed by the Federal laws of UAE. In essence, they all serve the same purpose – to protect the intellectual properties of their inventors. What is the need of IP Protection in UAE? A brand speaks about a unique entity. Similarly, every single invention ever made is a mark in the world made by its inventor. So when others make a blatant copy of an invention, th
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Location: Dubai - United Arab Emirates
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A guide to securing and recovery of debt

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Lending money is crucial in modern business setups. Big business projects or personal projects are backed by huge debts with a promise of complete repayment. Financial setups throughout the world have a working model for the solicitation, disbursement and the recovery of debt. Debt is available in several forms and the most common form is that of the secured debt. The financial institutions provide a certain amount that is backed by some collateral that can help the recovery of the amount in case the debt is not settled in time.    How is debt secured?  A debt is secured when backed by any asset equal or greater than the amount given. In case of secured debt, a credit check is carried on just to confirm whether the loanee can be considered capable to handle the debt and repay it, whenever required. The collateral offered to secure a debt depends upon the type of the loan. Financial institutions usually work with properties including house, vehicles, certificate of deposit, sa
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Location: Dubai - United Arab Emirates
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