Alsuwaidi & Company

November 2020

Leading law firms Abu Dhabi

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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UAE Federal Law

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

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 – …

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UAE Commercial Agencies Law

Knowing and understanding the UAE Court system: a comparison of the legal civil procedures between the DIFC and Dubai Courts’ systems

Introduction Over the past 14 years, Dubai has embraced both civil and common law legal systems within its borders. In order to understand the concepts involved I have set out below the fundamentals of each system ending with a comparative look at the two systems as they are currently in use at this time. Dubai …

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