corporate restructuring Archives - Fichte & Co Legal

Влияние COVID-19 на трудовые отношения между работодателем и работником в ОАЭ и DIFC

Anastasiia Golovko — Mon, 20 Apr 2020 05:47:08 +0000

Что происходит? Первый случай коронавирусной инфекции (широко известной как COVID-19) был зарегистрирован в ОАЭ 29 января 2020 года. Далее, правительство ОАЭ предприняло некоторые меры с целью предупреждения возможного распространения вируса, которые повлияли на частный сектор. В дополнение к трудностям, вызванными COVID-19, многие предприятия сталкиваются с различными правовыми вопросами, включая вопросы по трудовому праву. В данной …

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The New DIFC Employment Law- What Has Changed?

Fichte Legal — Mon, 17 Jun 2019 05:27:06 +0000

DIFC Employment Law no. 2 of 2019 (“New Law”) has recently been enacted which repeals and replaces the DIFC Law no. 4/2005 as amended by DIFC Law no. 3 of 2012 (“Previous Law”). There has been an ongoing debate about the implemented changes introduced by the New Law. Some changes have been enacted to protect …

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Overview of the Bankruptcy Proceedings and Preventive Measures in the UAE

Ahmed Salih — Tue, 31 Jul 2018 06:51:53 +0000

Definition of bankruptcy: Legally speaking, bankruptcy in the UAE is an expression used to describe a legal status in which a natural (individual) or legal (company) person owes a sum of money to third parties and ceases to pay its debts when they fall due because of its troubled financial position and insolvency. Historical background: …

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The Dubai Multi Commodity Centre (DMCC) Free Zone Opens its Doors to Corporate Redomiciliation

Fichte Legal — Mon, 19 Mar 2018 02:41:16 +0000

The Dubai Multi Commodity Centre (DMCC) free zone has recently issued guidelines permitting companies to redomicile or migrate to the DMCC from other jurisdictions provided the laws of the jurisdiction in which it is incorporated permit the transfer of the company to the DMCC. What is Redomiciliation? Redomiciliation is a concept whereby a company transfers …

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Transformation of Offshore Jurisdiction in Ras Al Khaimah

Fichte Legal — Mon, 19 Dec 2016 02:43:38 +0000

International business companies (IBCs) incorporated or proposed to be incorporated in Ras Al Khaimah must note the recent establishment of the Ras Al Khaimah International Corporate Centre (RAKICC) which, going forward, will be the sole authority responsible for the incorporation of international business companies in this emirate. The RAKICC was formed pursuant to Decree 12/2015 …

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