Alsuwaidi & Company

Corporate & Commercial

UAE Trademarks law

FAQs on Trademark/s Oppositions-United Arab Emirates

Trademarks law in the United Arab Emirates has recently undergone several changes including provisions concerning opposition/s. We have formulated and provided answers to some of the relevant frequently asked questions (FAQs) which specifically deal with the opposition/s as laid down under the UAE Trademarks law. These are as follows: 1- Does the UAE trademarks law …

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Sharia’ Governance Framework for Islamic Financial Institutions in the UAE

1- The United Arab Emirates (the “UAE”) has a comprehensive Sharia’ governance framework for Islamic financial institutions issued by the Central Bank of the UAE (the “Central Bank”). The framework provides in detail for the Sharia’ governance bodies and requirements related to Islamic financial institutions and Islamic windows. Branches of foreign financial institutions that provide …

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UAE data protection law

UAE – New Law for Protection of Personal Data

In today’s day and age where the world is moving towards conducting trade through e-commerce and online transactions, foremost requirement for enabling such digitized transaction/s is to register subjects as users with one’s personal data. Resultantly, such personal data has become a valuable intangible asset for any commercial venture/s which has its online presence. It …

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Assisting Foreign Investments in the UAE

International Trademark/s Filings through Madrid Protocol

UAE – International Trademark/s Filings through Madrid Protocol Madrid Protocol, which relates to the Madrid Agreement concerning the International Registration of Marks, (Madrid System), is regulated by the World Intellectual Property Organization (WIPO) – which is one of the agencies of the United Nations. The Protocol allows owners/holders of trademarks to file and seek protection …

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Compliance and Sanctions of Anti-Money Laundering and Countering the Financing of Terrorism in the UAE

We are pleased to share our recent insight which feathered in In-House Community Magazine on Compliance and Sanctions of Anti-Money Laundering and Countering the Financing of Terrorism in the UAE. The article takes a look on how the United Arab Emirates (UAE) continues to improve its reputation as a premier global financial hub and battle perceptions …

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Introduction of new classification law of the private establishments

UAE – Introduction of new classification law of the private establishments  The Ministry of Human Resources and Emiratisation (MOHRE) of the UAE Federal Government has introduced new Cabinet Resolution No. 18 of 2022. It is concerning classification into 3 Categories i.e., Category 1, Category 2 and Category 3 of private sector establishments/Companies, which are governed …

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Leading Arbitration Lawyers in Dubai

Amended Trademarks Law

With the UAE economy picking up its threads during these tough covid times, some of the prominent federal laws are also undergoing transformation through specified amendment/s decrees. One such law involves regulation of trademarks regime in UAE. In September of 2021, the Ministry of Economy in UAE published in the official gazette a new Trademarks …

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The UAE’s new Corporate Tax

The UAE recently updated it labour laws and such will come into effect on 2nd February 2022. Further to receiving queries from our clients about these updates, we have put together a short overview outlining some of the new laws and suggestions on what your company should do to stay compliant and avoid the hefty fines. Read …

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Assisting Foreign Investments in the UAE

The UAE has updated its labour laws. What are these updates and what should you do?

The UAE recently updated it labour laws and such will come into effect on 2nd February 2022. Further to receiving queries from our clients about these updates, we have put together a short overview outlining some of the new laws and suggestions on what your company should do to stay compliant and avoid the hefty fines. Read …

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The Complete Legal Guide to Alsuwaidi & Company – Guide to Litigation & Arbitration in the UAE

The complete Alsuwaidi & Company Legal Guide on Litigation & Arbitration in the UAE is now available.  This legal guide was written with the purposes of demystifying dispute resolution in the UAE for those on the ground in the UAE, and those based internationally and who may have interests in the UAE.  The complete guide …

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Abu Dhabi to allow 100% foreign ownership of professional companies

Dubai International Financial Centre (DIFC) has enacted new Intellectual Property Regulations with effect from 5 July 2021 under DIFC Law No. 4 of 2019 (IP Law). The new regulations will enable DIFC to increase innovation by identifying and protecting IP rights, important to technology and start-up companies.  Moreover, these regulations allow Commissioner of Intellectual Property …

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Leading Arbitration Lawyers in Dubai

Alsuwaidi & Company Legal Guides – Guide to Litigation & Arbitration in the UAE Part 3

The final and third part of the A&C Legal Guide on Litigation & Arbitration to the UAE focuses on Arbitration. The A&C Legal Guide on Litigation & Arbitration to the UAE was written with the purposes of demystifying dispute resolution in the UAE for those on the ground in the UAE, and those based internationally …

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DIFC Success in first cross-border merger

Dubai International Financial Centre (DIFC) has just announced its first successful cross-border merger under the DIFC’s Companies Law. The DIFC Companies Law allows mergers between both private and public companies established in the DIFC and companies established in jurisdictions outside of the DIFC.  This is a huge step forward that allows the DIFC to attract …

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UAE Companies Law to Allow 100% Foreign Ownership in UAE

Foreign nationals can now own 100% of companies within the onshore jurisdiction of the UAE, which previously required 51% Emirati ownership to do business outside of UAE free zones. This remarkable development is expected to further enhance the UAE’s position as the Gulf’s premier business hub and a stronger magnet for foreign capital and investment. …

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Have you filed your Economic Substance Regulation notification

Have you filed your Economic Substance Regulation notification? All Licensees in the UAE must “notify” by the 30th June deadline and certain businesses engaged in “relevant activities” must further report. PURPOSE The purpose of the Regulations is to ensure that UAE entities that undertake certain activities are not used to artificially attract profits that are …

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Business integrity in the time of pandemic: what can businesses in the UAE do to protect their people and business

Business integrity in the time of pandemic: what can businesses in the UAE do to protect their people and business? During these uniquely challenging times, businesses are poised to react to sudden changes in the market. As businesses navigate through new waters, it is best to seek guidance from the authorities and methodically deal with …

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Spotlight on Recent Developments in UAE

Long-term Residence Visas The UAE has launched long-term residence visa programs that aim to attract international talent into the UAE, such as entrepreneurs, investors, scientists and special talents. Availing these long-term residence visas can be described below: 10-year UAE residence visa According to the General Directorate of Residency and Foreigners Affairs, foreign investors may obtain …

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Eligible Sectors for 100% Foreign Ownership in the UAE Now Defined

The United Arab Emirates Cabinet passed a landmark decision last year to allow 100% foreign ownership of companies onshore and have recently announced the industry sectors that are eligible. This marks a significant change from the prior law where foreigners must seek a local partner to set up business in the UAE, onshore and where …

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Legal Due Diligence: Understanding How a Company Fares

UAE has established itself as an economic hub in the MENA Region. Investors are presented with numerous options on how to enter the UAE market. Some establish their own companies while others opt to enjoy the market reputation, existing processes, and manpower of established companies in the UAE through mergers or acquisitions. Due diligence investigation …

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