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COMPANY LAWS AND THE NEW DEVELOPMENTS OF UAE

Leave a Comment / Company Law, Corporate Lawyers, Dubai, Law, lawyers, Legal Consultancy, Sharjah, UAE / FranGulf

Under the civil transaction laws of the UAE, a company is defined as a contract where two or more persons are bound to each other to participate in a financial project by providing a share of work or project for exploiting the said property and the division of profit and loss that may arise there […]

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Arbitration Centers in UAE

Foreign investors were reluctant to use the courts in the domestic courts to settle disputes, as both: Proceedings in the local courts are concluded in Arabic. Although the decisions of the UAE court of cassation have a persuasive effect on lower courts, there is no system of binding precedent, which can result in some instances