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UAE Issues Waiver for Amendments to MOA of LLC’s

The UAE Ministry of Economy recently issued the ministerial resolution no. 694 of 2016 (the “Resolution”) which waives the requirement of amending the memorandum of association (“MOA”) of limited liability companies (LLC), joint liability companies,…

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Real Estate Property Rights and Musataha in the UAE

The real estate market in the UAE has boomed in the past couple of years and has become known for the developments of some of the largest projects in the world. Despite the property market…

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Deciphering Due Diligence in the UAE

Clients often ask us, “How can we conduct legal due diligence or background checks on another party in the UAE?” Unfortunately, there’s no straightforward answer. With no centralised company register, and over 40 different free…

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Fichte contributes to “Commercial Litigation” book

In 2015, Fichte & Co authored the UAE and DIFC chapter of the Commercial Litigation - International Series. Managing Partner Jasmin Fichte and Partner Alessandro Tricoli covered all aspects of commercial litigation from court structure…

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Wills & Succession Planning Must Be Part of Your Business Strategy

As generations of expatriates begin to age in the UAE, the issue of having a will in place is becoming a seemingly important topic. This is especially so for corporate CEOs and shareholders whose death…

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The Lifeboat Offered by the New Medical Liability Law

The healthcare industry is booming around the world, and the UAE is no exception. With no shortage of hospitals and medical care providers, patients have access around the clock. Although physicians and patients are bound…

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Rescue And Revive: The New Bankruptcy Law in the UAE

The much awaited new bankruptcy law in the UAE is a complete legal framework meant to assist financially troubled companies to avoid collapse. It took effect on December 29, 2016 after being decreed by President…

Navigating Lease Disputes in Dubai

From rental prices to maintenance matters, renting a unit in Dubai continues to be a hot topic. Dubai’s lease system attempts to strike a balance between the rights, responsibilities, and interests of tenants and landlords.…

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Crowdfunding in the UAE – An Opportune Time For Regulatory Certainty

Crowdfunding is the new kid on the block in the alternative finance market.  With access to traditional modes of corporate finance reaching the bottleneck coupled with the sweeping reach of the internet, crowdfunding is globally…