UAE ON PLEDGE LAW On 15th March 2017, Law No 20 of 2016 Regarding the Pledge of Movables as Security for a Debt (“Pledge Law”) came into force in the United Arab Emirates. The Pledge Law is poised to substantially alter and create certainty in commercial lending practices in the UAE. It provides protection [...]
Foundation of the Future: Investing in UAE Real Estate Introduction In the recent past, it has been realized by the economies around the world that the best for development is by opening the economy and allowing free trade. Similar is the case of the United Arab Emirates, who's government, in the past few years, [...]
Stay Compliant with Economic Substance Regulation On April 30, 2019, the United Arab Emirates (UAE) issued the Cabinet of Ministers Resolution No. 31 of 2019 concerning economic substance regulations in the UAE (“New Law”). The introduction of the new law follows the decision of the European Union (EU) to include UAE on a list of [...]
