Alsuwaidi & Company

batsheba-aguhob

UAE Cabinet Decision No. 153 of 2025 (Reverse Charge Mechanism for VAT on Metal Scrap)

Latest Insights /

On 19 December 2025, the UAE Ministry of Finance (MoF) announced the issuance of Cabinet Decision No. 153 of 2025, introducing a Reverse Charge Mechanism (RCM) for Value-Added Tax (VAT) on the local trading of metal scrap between VAT-registered persons in the UAE, effective 14 January 2026.  Pursuant to the Decision, the obligation to account for, VAT on qualifying supplies of metal scrap  shifts from the supplier to the recipient […]

UAE Cabinet Decision No. 153 of 2025 (Reverse Charge Mechanism for VAT on Metal Scrap) Read More »

Abandoned Property Law

Dubai’s Lost and Abandoned Property Law – A Clear, Accountable Framework for Public Trust

Latest Insights /

On 25 November 2025, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. 17 of 2025 on the handling of lost and abandoned property in Dubai, replacing the regime  under Law No. 5 of 2015. The new law reflects a comprehensive and modernized statutory framework governing  the reporting, custody, management and reclamation of

Dubai’s Lost and Abandoned Property Law – A Clear, Accountable Framework for Public Trust Read More »

UAE Introduces Tiered Excise Tax on Sweetened Beverages

Latest Insights /

The Ministry of Finance has announced the issuance of Cabinet Decision No. (197) of 2025, introducing significant amendments to the UAE’s excise tax regime through the implementation of a tiered volumetric model for sweetened beverages. The decision replaces Cabinet Resolution No. (52) of 2019, together with its subsequent amendments. The new framework forms part of the UAE’s broader

UAE Introduces Tiered Excise Tax on Sweetened Beverages Read More »

Alsuwaidi & Company is one of the sponsors

UAE: I terminated my contract early – will I get my cheques back or have to pay a penalty?

Press /

REDA HEGAZY’s recent contribution to the Gulf News focuses on If you terminate your lease agreement in the UAE before it is completed, would you need to pay a penalty or the remaining rent for the months left on the contract? Here is all you need to know UAE: I terminated my contract early –

UAE: I terminated my contract early – will I get my cheques back or have to pay a penalty? Read More »

Dubai Land Department Partners With Alsuwaidi & Company

Dubai Land Department Partners With Alsuwaidi & Company On Real Estate Lawyer Initiative

News /

Alsuwaidi & Company is one of the selected law firms in the UAE to partner with the Dubai Land Department (“DLD”) on the Real Estate Lawyer initiative. The Real Estate Lawyer initiative presents Dubai as one of the world’s most attractive investment destinations globally. The Initiative opens Dubai’s real estate industry to both local and

Dubai Land Department Partners With Alsuwaidi & Company On Real Estate Lawyer Initiative Read More »

The enforcement of arbitral awards and foreign provisions within three days in United Arab Emirates

Latest Insights /

Article 85 of the Regulations of the Civil Procedures Law issued by Cabinet Resolution No. 57 of 2018 (“Regulation”) regarding the regulations of Federal Law No. (11) of 1992 regarding civil procedures, enumerates the procedures that the applicant shall take to enforce foreign provisions, orders and bonds within the state. In addition, Article 86 of

The enforcement of arbitral awards and foreign provisions within three days in United Arab Emirates Read More »