Insight Category: News
The introduction of the Corporate Income Tax (CIT) in the UAE is not just a new tax policy; it’s a tectonic shift in the nation’s financial architecture. Coupled with the pre-existing VAT and Economic Substance Regulations, the terrain for mergers and acquisitions (M&A) now requires a fresh playbook. In this guide, we will navigate through… Continue reading Embracing the New Tax Era in the UAE: How CIT is Reshaping M&A Strategies...
Associate Rita Ayoub recently spoke with Al Arabiya News answering the following questions regarding rental disputes. How much have rental disputes gone up year on year? Dubai’s legal framework has continually adapted to the evolving demands of the real estate market. In 2013, the government of Dubai introduced Decree No. 43, establishing a rental increase calculator… Continue reading Tenant-landlord disputes surge amid soaring Dubai rental costs...
This country specific Q&A, written for Legal 500, provides an overview of International Arbitration laws and regulations applicable in the United Arab Emirates. The full Q&A can be downloaded here: UAE International Arbitration Q&A. LEGAL FRAMEWORK 1. What legislation applies to arbitration in your country? Are there any mandatory laws?The legislation which applies to arbitration depends on… Continue reading Legal 500: International Arbitration in the UAE...
On Monday 21st November we hosted our Mock Trial event in collaboration with Lexis Nexis, taking an in-depth look at bankruptcy cases in the local UAE courts, including a case study showing court processes, protocols and procedures. This one-of-a-kind case study delved into how the recently amended UAE Bankruptcy Law impacts Director liabilities in the… Continue reading BSA Case Files Series: Bankruptcy Mock Trial...
In the latest of our BSA Case Files Series, our Litigation team caught up with Pascal Beveraggi owner of Octavia Limited, to discuss his most recent case in Dubai Courts in regard to OCTAVIA vs ASTALIA. In the following video, Hadiel Hussien speaks with Pascal on the importance of the case, its high-profile coverage in… Continue reading BSA Case Files: OCTAVIA vs ASTALIA...
Foundations and Trusts are both legal entities that are used to manage assets and provide financial support for specific individuals or organizations. However, there are some key differences between the two that should be considered when deciding which one is best for a particular situation. One of the main differences between Foundations and Trusts is… Continue reading Foundations vs Trusts...
It was standing room only on Wednesday February 1st, as BSA Al Rashdi & Al Barwani Advocates & Legal Consultants (BSA), in partnership with The Oath, hosted a seminar on ‘Oman Labour Law: Common Issues and New Developments’. Held in the Kempinski, Muscat, the event was led by BSA partners Arsalan Tariq, Sahil Taneja and… Continue reading BSA Event: Oman Labour Law...
BSA was pleased to launch a new, and first of its kind, UAE Law Precedent Book at the World Litigation Forum 2023, in partnership with SADER as a special edition of their Courts Series. This Precedent Book covers a case file history from the Court of First Instance through to the Court of Cassation in… Continue reading BSA launches first of it’s kind UAE Law Precedent Book...
Senior associate, Tyne Hugo, recently spoke with ESG Mena on the topic of ‘Taxation in the UAE and the impact on Environment, Social and Governance’. Read the full article below and on the ESG Mena website: Abidance by ESG principles key for companies survival. Whilst in the past, companies were mainly concerned with profit and… Continue reading Abidance by ESG principles key for companies’ survival...
The DIFC’s Digital Economy Court paves the way for the resolution of emerging disputes with a new set of specialised rules that seamlessly blend expertise and technology. William Prasifka elaborates on this for The Oath Magazine. The new ‘Part 58’ of the DIFC Courts Rules will facilitate resolution of digital economy disputes in an efficient… Continue reading The Court of the Future: The DIFC’s Digital Economy Court...