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UAE: Property Maintenance Responsibilities in Dubai
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
No CommentsReal estate maintenance responsibilities in Dubai primarily fall on the landlord for major repairs, while tenants are tasked with minor issues, guided by Law No. 26 of 2007.
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Understanding Transfer Pricing
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The introduction of transfer pricing regulations in the UAE highlights the need for companies to ensure transactions between entities are conducted at arm’s length, aiming for transparency and compliance in international business operations.
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UAE: DIFC on the rise
- 21.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The Dubai International Financial Centre (DIFC) has reported a 15% increase in job creation and a 26% year-on-year increase in active companies, with revenues and operating profits rising by 23% and 27%, respectively.
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UAE Launches Online Legislation Platform to Boost Legal Transparency
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The United Arab Emirates has launched a comprehensive online platform providing access to its legal documents since 1971, reflecting its commitment to legal transparency and inclusivity.
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UAE: Salaries Anticipated Growth, Skill Demands, and High-Paying Roles
- 12.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE job market in 2024 is set to experience a 4.5% increase in average salaries, with a significant demand for skills in management, leadership, and technology, highlighting the need for professionals to adapt to evolving market dynamics.
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UAE: Supreme Court Bans Compound Interest in Financial Transactions
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE Federal Supreme Court has banned compound interest in financial transactions, shifting towards simpler interest models and benefiting borrowers.
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UAE Emerges as a Global Investment Magnet According to UNCTAD Report
- 09.02.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE has seen a significant 28% increase in new foreign investment projects in 2023, solidifying its status as a global investment hub.
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UAE: Applying for a Loan – Important Considerations
- 28.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
The UAE’s Central Bank emphasizes the importance of understanding loan agreements, providing 14 key questions to guide individuals. It’s crucial for borrowers to be informed about terms, interest rates, and potential financial implications to make diligent decisions.
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UAE: Employment Termination Amidst Restructuring
- 28.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
In the UAE, terminating employment during company restructuring requires adherence to strict labor laws, and unilateral decisions without valid reasons may lead to legal liabilities.
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UAE: Business Closure – A Guide for Entrepreneurs
- 28.01.2024
- Posted by: Uwe Hohmann
- Category: Dubai
Closing a business in the UAE involves a meticulous process, requiring careful attention to legal and administrative steps. Mainland and free zone businesses have distinct closure procedures, each with unique requirements for license cancellation, employee and utility management.
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10 Oct 2025 DubaiNew Federal Decree-Law Strengthens Central Bank Oversight
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10 Oct 2025 DubaiNew Law Regulating Engineering Consultancy Practices in Dubai
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10 Oct 2025 DubaiDubai Launches Free Zone Mainland Operating Permit
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02 Oct 2025 Company SetupWhy Swiss Companies Are Expanding to the UAE
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02 Oct 2025 TaxWhat Happens After Your First UAE Corporate Income Tax Return?