News and publications

Dear Friends and Clients, The year started well – at least for most of our clients and our chambers. We have hardly ever had as much work as in these past few months. Many Europeans have set up branches and subsidiaries in the MidEast and FarEast, and many have relocated into these regions. That is

The UAE has enshrined a legally guaranteed severance pay (End of Service Gratuity) in its labour law. This right to severance pay is governed by the Labour Law (UAE Federal Law No. 8 of 1980) and must be paid by the employer to the employee upon termination of employment. The amount of the End of

Paying customs twice is burdensome and has also become the subject of complaints to various authorities in the UAE. Frequently, goods were delivered to a free zone, especially as it is connected to a port, and then the goods were to be transferred to another free zone. The Free Zone 1 required already the 5%

Dear Friends and Clients, May I first of all wish you a happy and prosperous New Year with all your wishes to come true. Expectations and attachments are the cause for suffering – so do not expect too much. Let it happen and improve the situation wherever you can. May I draw your attention to

Dear Friends and Clients, We’re almost done. Only some more hours to go. No reason to become sentimental. If it was a good year it’s passed as well as if it was a bad one. Don’t live in the past, cause you can’t change it. Don’t live in the future cause you don’t know it.

When you come to the UAE for work, you have thought about many things: Will my family join me? Can my children go to school there? Will I take my furniture with me? Or, can the insurances I have continue? These are just some of the considerations that you make or already made when you

Dear Friends and Clients, As the year comes to it’s end the UAE rulers/government have some presents for us investors: The almost unthinkable could become reality: The 51:49 rule seems to be in discussion and maybe – for some activities –eliminated. Of course, this rule has been weakened by several options, like onshore branches of

Whether “Oktoberfest”, “Heurigen”, dinner parties, Christmas parties or the almost obligatory Friday brunch – especially autumn and winter offers numerous opportunities for expats to drink a glass (or more) in the UAE. But what about possible (legal) consequences if alcohol is consumed either too much or in the wrong places? Old-established expats would answer that

Dear Friends and Clients, Is it true that the main reason for the obstacles to open a bank account in the UAE is due to the influence of the USA? Does the UAE Central bank receive “instructions” from our great (former: big) brother? Maybe that is the reason: “US debt exceeds 20 trillion for first time in history

Account opening within 10 min for people, (free zone) companies and offshore companies without much trouble, customer-friendly and excellent solution-oriented service – wishful thinking! What may sound like an unbelievable fairy tale to expats, who are currently trying to open a bank account in the UAE for their UAE company, was indeed a pleasant everyday