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Publications

New virtual assets law in Dubai

Publications 22 March 2022 Marsel Shadmanov

Cryptocurrencies are widely known to bear speculatory implications, however, as the first decade, since launching cryptocurrency is gradually passing over, the worldwide practice might already demonstrate the examples of crypto-transactions in corporate operations.

Corporate Income Tax in the UAE

Publications 15 March 2022 Marsel Shadmanov

Although there were no taxes in the UAE till 2018, the current tax rate remains competitive in the GCC region. During this period, while adopting the most effective global practices, the UAE government was implementing the tax regime gradually.

Responsibilities of a company director and manager in the UAE

Publications 22 February 2022 Marsel Shadmanov

The UAE is growing every year, becoming a hub for foreign investors. In the first 8 months of 2021, there were 16,000 new registered companies. The legal form of a director in the UAE differs from forms in other countries, for example, countries in the CIS region.

Personal Data Protection Law in the UAE

Publications 6 February 2022 Marsel Shadmanov

The UAE is a relatively new country, and its legislation has been influenced by several countries’ legislation frameworks (for example, Egyptian and French legislations), with Sharia Law being the core foundation for many Laws in the country.

Nominee relationship of shareholders or directors in the UAE

Publications 20 January 2022 Marsel Shadmanov

For the past few decades, the UAE became the hub for attracting direct foreign investments, as investors are opening companies, and international company branches. Each jurisdiction of the country has its own legislation, which lists the arrangements for establishing and operational procedures, including the arrangements for a company’s nominee.