The Middle East Legal Framework

Displaying 223 - 228 of 258

Chapter | Legal Framework from The Report: Abu Dhabi 2013

This chapter outlines the general rules for establishing a business in the emirate, including the key corporate, labour and property laws relevant to companies doing business locally in Abu Dhabi. The chapter also includes an overview of the judicial structure, as well as information on arbitration and appeals.

Dubai’s rulers have always had high-reaching ambitions. One such ambition was to establish Dubai as one of the world’s international financial centres. To this end, in 2004, Dubai established the region’s first “financial free zone”, the Dubai International Financial Centre (DIFC). The DIFC is an autonomous legal jurisdiction, governed by its...

The UAE came into being as an independent sovereign state on December 2, 1971. Dubai is one of the seven emirates comprising the UAE. The constitution established the Supreme Council of the Rulers of all the emirates as the main authority in the federation and a Council of Ministers as the executive branch of the federation. The ruler of each...

In recent years, the UAE has witnessed significant developments in corporate governance aimed at further advancing and promoting best practices across many industry sectors. Listed companies have seen the introduction of compulsory requirements in the UAE, while financial institutions have been provided with binding and non-binding guidelines.

Chapter | Legal Framework from The Report: Dubai 2013

With assistance from SNR Denton, this chapter explains the options for foreign business operations, including how to set up in Dubai and rules on representative branches and local agents. It also outlines employment regulations and the rights of employees. The chapter includes a viewpoint with Michael Kerr, Managing Partner, SNR Denton.

Over the past four decades, Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its reputation as a leading investment destination.

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