Insight Category: Regulatory & Legal Updates
Driving instructors who fail to honour contracts with learners could be fined up to OMR2,000 and put behind bars for a year, the Public Prosecution in Oman has warned. The message to stop breaking contracts with learners comes after a Times of Oman story revealing that many in the Sultanate had lost money to rogue… Continue reading Fines, jail for rogue driving in Oman....
The UAE has updated its health care law to keep pace with the swift changing requirements in the sector. One of the important objectives has been to attract more talented medical professionals to work in the country. Recent changes to the laws on medical responsibility offer greater protection to medical professionals from liabilities over malpractice.… Continue reading UAE health care law opens new vistas...
The UAE is a global business hub and it consistently attracts investments from across the world with its favorable business conditions. The country provides safety and ease of establishment which enables companies to set up their offices smoothly within the UAE. Typically any active business – regardless of its sector, partakes in a variety of… Continue reading Three ways businesses can limit their legal exposure in the UAE...
Reasoned Awards and Expert opinions as a possible prevention to Article 257 being triggered By Antonios Dimitracopoulos FCIArb It is fair to say that last year’s revision of Article 257 of the Penal Code has sent ripples throughout the arbitration community that are still felt, seven months later. It was not long before visions of… Continue reading Reasoned Awards and Expert opinions as a possible prevention to Article 257 being triggered...
When your tenancy contract is nearing renewal and you begin negotiating with your landlord, it is useful to know your legal rights to avoid unknowingly being made to accept rental increases that are not enforceable. Unlike in many jurisdictions around the world where an annual rental increase is accepted due to normal inflationary trends, Dubai… Continue reading The Limits Of A Rent Increase...
It is fair to say that last year’s revision of Article 257 of the Penal Code has sent ripples throughout the arbitration community that are still felt, seven months later. It was not long before visions of arbitrators and experts being locked behind bars for some alleged lack of impartiality flooded the UAE arbitration community,… Continue reading How reasoned arbitration awards and expert opinions may help prevent Article 257 of the Penal Code being triggered...
Saudi Arabia has been the first GCC state to put its draft VAT law out for consultation. Cyrille Naffah and John Peacock of the Saudi and UAE offices of BSA Ahmad Bin Hezeem & Associates LLP explain the key provisions. Analysis It is now common knowledge, that all the GCC states have signed the GCC… Continue reading Saudi Arabia: GAZT Issue Draft VAT Law...
One of the most important points arising from the recent briefings on VAT by the Ministry of Finance is the proposed rules regarding ‘group registrations’. These ‘group registrations’ will allow companies within the same group to register as one ‘enterprise’ for VAT purposes with one VAT registration number, and thus have only one joint return… Continue reading How VAT legislation will change business set up models in the UAE...
UPDATE ON BANKRUPCYLAW PROJECT IN THE UNITED ARAB EMIRATES As attractive and financially lucrative operating a business in Dubai may seem, uncertainty still plagues the business environment which is so heavily reliant on global trade and commerce. Today, Small and medium-sized enterprises (SMEs) are under pressure amid weak oil prices and slowing global economic growth.… Continue reading UPDATE ON BANKRUPTCY LAW PROJECT IN THE UNITED ARAB EMIRATES...