UAE’s New Maritime Law
The UAE’s new maritime law, implemented through Federal Decree-Law No. 43 of 2023, came into effect on March 29, 2024, replacing the 1981 maritime law. This updated legislation aims to modernize the country’s maritime framework, align it with international standards, and solidify the UAE’s position as a leading shipping hub. Here are the key changes […]
Comparison between Normal Execution Cases and New Cheque Execution Cases in the UAE
In the UAE, the execution of cases related to bounced cheques has undergone significant reform, particularly with the introduction of new laws. Here’s a breakdown of the key differences between normal execution cases and the newly introduced cheque execution cases: Scope and Applicability Normal Execution Case: Covers a wide range of civil or commercial disputes, […]
Tax Disputes and Litigation in the UAE
In the UAE, the introduction of taxation systems such as Value Added Tax (VAT) and Corporate Tax has brought new legal challenges for businesses and individuals. Tax disputes in the UAE typically arise from disagreements between taxpayers and the Federal Tax Authority (FTA) over tax assessments, penalties, or refunds. The country has established formal mechanisms […]
Property Mortgage: Consequences of Default on a Payment
When a borrower defaults on their mortgage payment, it can have serious financial and legal repercussions. Mortgage defaults occur when the borrower fails to meet the agreed payment terms, such as missing payments or violating other conditions outlined in the loan agreement. Here are the potential consequences: Late Payment Fees Immediate Consequences: Lenders typically impose […]
Redefining Trust: The Ombudsman’s Role in UAE Banking Regulation
The United Arab Emirates (UAE) has taken a significant step toward enhancing consumer protection and fostering trust in its financial sector by introducing the role of the banking ombudsman. This move reflects the country’s commitment to creating a more transparent, accountable, and customer-centric banking environment. The Need for an Ombudsman In a rapidly evolving financial […]
Preventing the Misuse of Power of Attorney in the UAE
The Power of Attorney (PoA) is a legal document that grants someone the authority to act on behalf of another person in various matters, including financial and legal decisions. While it can be a useful tool, there is potential for misuse if not properly managed. Here are some steps to help safeguard against the abuse […]
Steps to Take if Your Bank Freezes Your Final Settlement After Changing Jobs
When switching jobs, particularly to one with a lower salary, it’s possible for your bank to freeze your end-of-service entitlements (EoSE) or final settlement. This often happens when the new employer is not registered with the bank, or your salary falls below a certain threshold stipulated in your loan agreement. Here’s a breakdown of the […]
Public and Private Notary Services in the UAE:
Overview Notary services in the UAE are essential for validating and legalizing documents, ensuring their authenticity and enforceability under UAE law. The UAE offers both public notary and private notary services, catering to individuals and businesses. Public Notary in the UAE A Public Notary is a government official authorized to perform notarial acts, mainly involving […]
The Impact of Withholding an Employee’s Experience Certificate
The Consequences of Denying an Employee Experience Certification: A Case Analysis Denying an employee an experience certification can lead to significant consequences for both the individual and the organization. This article examines a case where such denial became a critical issue, highlighting its implications and legal, professional, and ethical dimensions. Background Experience certification serves as […]
UAE Visa Amnesty 2024: Everything You Need to Know
The UAE’s 2024 Visa Amnesty Program offers a significant opportunity for individuals who have violated visa rules to regularize their status or exit the country without penalties. Here’s a detailed overview of its features, eligibility criteria, and process: Key Highlights Grace Period Extension: The program, initially set to run from September 1 to October 31, […]
