Al Adheel Lawyers

UAE: THE RIGHT TIME TO THINK ABOUT CORPORATE TAX LAW

UAE has officially issued that, from the beginning of first Financial Year on or after 1 June 2023 Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses a federal decree-law on corporate tax at 9 percent rate for taxable business profits exceeding AED375,000. And will be taxed at a zero percent rate

12/05/2023

THE IMPORTANCE AND NEED OF NOTARIZATION IN UAE

Notarization has a crucial role on proving legality and validity of documents even though a signature there in a document bind as a contract. Even though there are relevant clauses to perform by both parties while rendering services, buying and selling in some matters parties in contract many ends up

12/05/2023

Registration of Will in UAE

Recent Amendments to the UAE’s Laws have made it easier for expatriates to implement the laws of their home country when it comes to the personal matters like marriage, divorce as well as in the matter of inheritance. Amendments to the Personal Status Code and the Civil Law announced on November 7, 2020, give the expatriates living in the UAE the option to choose

11/05/2023

THE NEW LIMITATION LAW IN UAE 2023

A limitation period is the time considered within which a party must file a claim or to perform a legal action. If the claim is not brought within the stipulated period under the relevant statute, then the claim will be considered as in the risk of “time-barred”. If the claim is considered time-barred, this can be resulted the claim

10/05/2023

IMPORTANCE OF KYC IN BUSINESS

KYC (Know Your Customer) is an internationally accepted standard systematic process that business entities carry out in order to verify the identity of their respective potential customers in the economic matters especially for industrial with lumpsum amount of investments with high risk elements.

10/05/2023

ANTI MONEY LAUNDERING: LAWS TO KNOW

Whoever willfully commits any of the acts like conducting any transaction with the intention of concealing or disguising their illicit source, acquiring, possessing or using the proceeds upon receiving them, assisting the predicator of the predicate offence to escape punishment shall be considered as committing the crime

LEGAL PERCEPTION ON GENERAL ASSEMBLIES IN LLC

The partners in a limited liability company (LLC) are entitled to attend the general assembly irrespective of the number of shares he holds.If one partner cannot able to attend the meeting he is entitled to delegate another partner on behalf of him as proxy except managers;

09/05/2023

BNPL : A NEW CONCERN IN E-COMMERCE

BNPL (Buy Now Pay Later) service is an installment loan that effectively handles and allows to pay by several equal installments for any purchase which is appealing and attracting the customers to purchase

09/05/2023

ATTAINING INHERITANCE OR LEGAL HEIR CERIFICATE IN UAE

The UAE Personal Status Law defines the word "inheritance" as "the imperative devolution of the property and financial rights upon the death of their owner to those deserving" (Article 313).

09/05/2023

APOSTILLE ATTESTATION: WHY IS IT NEED IN UAE?

There is a treaty called the Hague Convention which is held on October 5th 1961 abolishing the requirement of Legislation for foreign public documents. This is commonly known as the Apostille Convention which is having over 120

09/05/2023

Our Blog

UAE: THE RIGHT TIME TO THINK ABOUT CORPORATE TAX LAW

THE IMPORTANCE AND NEED OF NOTARIZATION IN UAE

Registration of Will in UAE

THE NEW LIMITATION LAW IN UAE 2023

IMPORTANCE OF KYC IN BUSINESS

ANTI MONEY LAUNDERING: LAWS TO KNOW

LEGAL PERCEPTION ON GENERAL ASSEMBLIES IN LLC

BNPL : A NEW CONCERN IN E-COMMERCE

ATTAINING INHERITANCE OR LEGAL HEIR CERIFICATE IN UAE

APOSTILLE ATTESTATION: WHY IS IT NEED IN UAE?