Fichte & Co Legal https://fichtelegal.arraytag.com/ Legal Firm in Dubai Fri, 16 Aug 2024 07:38:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fichtelegal.arraytag.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png Fichte & Co Legal https://fichtelegal.arraytag.com/ 32 32 Essential Guide to Registering Your Yacht in the UAE https://fichtelegal.arraytag.com/essential-guide-to-registering-your-yacht-in-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=essential-guide-to-registering-your-yacht-in-the-uae https://fichtelegal.arraytag.com/essential-guide-to-registering-your-yacht-in-the-uae/#respond Fri, 16 Aug 2024 07:38:36 +0000 https://fichtelegal.com/?p=43212 In the UAE, maritime activities are regulated by distinct legal frameworks tailored to accommodate different types of vessels and demands of different shipowners and ship operators. While the rules for registering a commercial vessel are provided for by the UAE Federal Decree Law No. 43/2023 (the New Maritime Law), the rules for registering a yacht …

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]]> https://fichtelegal.arraytag.com/essential-guide-to-registering-your-yacht-in-the-uae/feed/ 0 UAE makes strides in crypto asset regulation: An analysis of the new UAE Central Bank Regulations on Stablecoins https://fichtelegal.arraytag.com/uae-makes-strides-in-crypto-asset-regulation-an-analysis-of-the-new-uae-central-bank-regulations-on-stablecoins/?utm_source=rss&utm_medium=rss&utm_campaign=uae-makes-strides-in-crypto-asset-regulation-an-analysis-of-the-new-uae-central-bank-regulations-on-stablecoins https://fichtelegal.arraytag.com/uae-makes-strides-in-crypto-asset-regulation-an-analysis-of-the-new-uae-central-bank-regulations-on-stablecoins/#respond Mon, 29 Jul 2024 05:36:06 +0000 https://fichtelegal.com/an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024-2/ Over the past years, UAE’s resolve to be a leader in the virtual assets space has continued to strengthen. The latest development is the enactment of the Payment Token Services Regulation (the Regulations) issued by the Central Bank of UAE (CBUAE) by way of Circular No. 2/2024, to be effective in June 2025. Corresponding to …

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]]> https://fichtelegal.arraytag.com/uae-makes-strides-in-crypto-asset-regulation-an-analysis-of-the-new-uae-central-bank-regulations-on-stablecoins/feed/ 0 An insight into the revamped Ultimate Beneficial Ownership Regulations in the UAE as of 2024 https://fichtelegal.arraytag.com/an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024/?utm_source=rss&utm_medium=rss&utm_campaign=an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024 https://fichtelegal.arraytag.com/an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024/#respond Tue, 11 Jun 2024 05:36:06 +0000 https://fichtelegal.com/?p=43089 A recent overhaul of the regulations concerning the determination of an Ultimate Beneficial Owner (UBO) has brought about considerable changes in the UBO determination and filing for entities in the UAE. The most significant is the ability of the Registrar to adopt a risk-based approach in the determination of the UBO which will be discussed …

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]]> https://fichtelegal.arraytag.com/an-insight-into-the-revamped-ultimate-beneficial-ownership-regulations-in-the-uae-as-of-2024/feed/ 0 Introducing Sanadak: UAE’s first Ombudsman Unit for Financial and Insurance Consumer Disputes https://fichtelegal.arraytag.com/introducing-sanadak-uaes-first-ombudsman-unit-for-financial-and-insurance-consumer-disputes/?utm_source=rss&utm_medium=rss&utm_campaign=introducing-sanadak-uaes-first-ombudsman-unit-for-financial-and-insurance-consumer-disputes Thu, 28 Mar 2024 06:00:40 +0000 https://fichtelegal.com/update-uae-corporate-tax-registration-deadlines-2/ The UAE has taken a significant step towards enhancing consumer trust and protecting consumer rights with the introduction of the new ombudsman unit, “Sanadak”. This move follows the merger of the UAE Insurance Authority with the Central Bank of the UAE in 2020, forming a unified regulatory body for both insurance and banking sectors. The …

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]]> Update: UAE Corporate Tax Registration Deadlines https://fichtelegal.arraytag.com/update-uae-corporate-tax-registration-deadlines/?utm_source=rss&utm_medium=rss&utm_campaign=update-uae-corporate-tax-registration-deadlines Tue, 26 Mar 2024 07:30:40 +0000 https://fichtelegal.arraytag.com/uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability-2/ The Federal Tax Authority (FTA) in a recent decision, FTA Decision No. 3 of 2024 on the Registration Timeline for Corporate Tax has provided the deadlines for registration of Corporate Tax (CT). The deadlines are based on the categorization of persons into Resident Juridical Persons, Non-Resident Juridical Persons and Natural Persons. The Decision further stipulates …

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]]> Fichte & Co Legal Expands Presence to Saudi Arabia, Offering Comprehensive Legal Solutions https://fichtelegal.arraytag.com/fichte-co-legal-expands-presence-to-saudi-arabia-offering-comprehensive-legal-solutions/?utm_source=rss&utm_medium=rss&utm_campaign=fichte-co-legal-expands-presence-to-saudi-arabia-offering-comprehensive-legal-solutions Mon, 18 Mar 2024 06:20:40 +0000 https://fichtelegal.arraytag.com/uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability-2/ Fichte & Co Legal is thrilled to announce a significant expansion of our services into Saudi Arabia, through a partnership with the esteemed law firm AlSuwaiket & Al Busaiyes (SB) managed by Dr. Bader AlBusaiyes. This collaboration marks a pivotal step in our mission to deliver exceptional legal services across the Middle East, complementing our …

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]]> UAE Coming Out of FATF ‘Grey List’: a Milestone for Business Stability https://fichtelegal.arraytag.com/uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability/?utm_source=rss&utm_medium=rss&utm_campaign=uae-coming-out-of-fatf-grey-list-a-milestone-for-business-stability Mon, 11 Mar 2024 07:30:40 +0000 https://fichtelegal.arraytag.com/a-glance-in-the-new-insurance-law-in-the-uae-2/ In the realm of global finance, the United Arab Emirates (UAE) has long stood as a beacon of opportunity, drawing investors and businesses from around the world. Another sound reason to enhance this undeniable truth is the recent removal of the UAE from the Financial Action Task Force (FATF) Grey List [1], which can only …

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]]> A Glance in the New Insurance Law in the UAE https://fichtelegal.arraytag.com/a-glance-in-the-new-insurance-law-in-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=a-glance-in-the-new-insurance-law-in-the-uae Fri, 02 Feb 2024 04:30:40 +0000 https://fichtelegal.arraytag.com/a-new-era-for-the-shipping-sector-in-the-uae-2/ In a significant development for the insurance sector, the recently published New Insurance Law on 31 October 2023, set to be enforced from 30 November 2023, marks an important moment in the regulatory landscape of the United Arab Emirates (UAE). The main reason for this legislative update is the formalization and codification of the transfer …

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]]> Federal Decree Law No. 43 of 2023 regarding Maritime Law – Download your translation here https://fichtelegal.arraytag.com/federal-decree-law-no-43-of-2023-regarding-maritime-law-download-your-translation-here/?utm_source=rss&utm_medium=rss&utm_campaign=federal-decree-law-no-43-of-2023-regarding-maritime-law-download-your-translation-here Mon, 18 Dec 2023 06:20:40 +0000 https://fichtelegal.arraytag.com/federal-decree-law-no-43-of-2023-regarding-maritime-law-download-your-translation-here/ The Ministry of Energy and Infrastructure (MOEI) has unveiled the forthcoming Federal Decree-Law No. 43 of 2023 regarding Maritime Law (the “2023 Maritime Law”), slated to come into force from March 2024. This legislation marks a significant departure from the current maritime law, ushering in substantial modifications that will reverberate across the shipping, legal, and …

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]]> A New Era for The Shipping Sector in the UAE https://fichtelegal.arraytag.com/a-new-era-for-the-shipping-sector-in-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=a-new-era-for-the-shipping-sector-in-the-uae Wed, 22 Nov 2023 07:30:40 +0000 https://fichtelegal.arraytag.com/administrative-decision-no-2-of-2023-for-transparency-of-local-sea-container-charges-in-dubai/ A New Era for The Shipping Sector in the UAE The Ministry of Energy and Infrastructure (MOEI) has unveiled the forthcoming Federal Decree Law No. 43 of 2023 regarding Maritime Law (the “2023 Maritime Law”), slated to come into force from March 2024. This legislation marks a significant departure from the current maritime law, ushering …

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