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...
Legal Framework
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Articles & Analysis | Investment friendly: The emirate’s legal framework offers a range of incentives from The Report: Dubai 2013
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...
Articles & Analysis | Best practices: Strengthening regulations for corporate governance from The Report: Dubai 2013
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.
Stretching over 17,500 islands and home to around 245m people, Indonesia is a vast, diverse nation with a rapidly growing economy, extensive natural resources and a range of sectors ripe for investment. By far the largest country in ASEAN in terms of both population and area, Indonesia is responsible for one-third of the 10-nation bloc’s total GDP.
Chapter | Legal Framework from The Report: Indonesia 2013
This chapter features an outline of the various government regulations and laws that govern business in Indonesia. Included is information about public-private partnership regulations, business permits, cooperation agreements, and definitions, objectives, scope, method of execution and form of cooperation.
This chapter contains a viewpoint from Todung Mulya Lubis, Senior Partner, Lubis, Santosa...
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.