ARTICLES

Challenging Tax Assessments With No Committees Formed..

Challenging Tax Assessments with No Committees Formed Article 1 of Federal Law No. 7 of 2017 on Tax Procedures (“Tax Procedures Law”) defines tax assessment as a decision issued by the Federal Tax Authority (the “Authority”) relating to tax payable or refundable tax. According to this definition, the tax assessment is an administrative activity carried out by the Authority, whereby the taxable person is req..

Dismissal of an LLC Director..

Dismissal of an LLC Director  Limited liability companies are managed by one or more director as determined by the partners in a company’s articles of association. The director(s) could be partners or third parties. If a particular director is not appointed/stated in company’s articles of association, he could be appointed during a General Assembly. A director generally has all powe..

Travel Bans on Personal Guarantors of Loans..

Travel Bans on Personal Guarantors of Loans Corporate facilities in the United Arab Emirates require a guarantee contract or a personal guarantee to be executed by the principal partner of the debtor company, obliging the guarantor to repay the full or part of the facility granted in case the company that has been granted the banking facilities fails to pay. In the event that the..

Real Estate Register Law: The Supreme Legislation Committee’s Explanatory Note on Article 11 of the Law No. 19/2017 - Part 1 of 3..

Real Estate Register Law: The Supreme Legislation Committee’s Explanatory Note on Article 11 of the Law No. 19/2017 - Part 1 of 3 On July 5th, the Secretary General of the Supreme Legislation Committee sent a letter to the Managing Director of the Dubai Courts, accompanied by the Explanatory Note to Law No. 19/2017 and its amendment to Article 11 of Law No. 13/2008 Article 11 a..

Real Estate Register Law: Supreme Legislation Committee’s Explanatory Note on Article 11 - Part 2 of 3..

Real Estate Register Law: Supreme Legislation Committee’s Explanatory Note on Article 11 - Part 2 of 3 As we proceed into Part 2 of this series, it is necessary to elaborate on the Supreme Legislation Committee, the entity that issued the explanatory note. The Supreme Legislation Committee in the Emirate of Dubai is a committee established by Decree No. 23/2014 issued by His Hi..