due diligence Archives - Fichte & Co Legal

8 Essential Issues to Consider Before Signing your Sale and Purchase Agreement – Dubai Property Laws

Fichte Legal — Mon, 27 Aug 2018 08:42:42 +0000

Purchasing off-plan property has become the new norm, with affordable prices and the increase in incentives being offered, purchasers are quick to jump on the bandwagon. The Dubai Law No. (8) of 2007 On the Matter of Escrow Accounts for Real Estate Development (“Escrow Law”) was issued for the purposes of safeguarding purchaser’s money after …

The post 8 Essential Issues to Consider Before Signing your Sale and Purchase Agreement – Dubai Property Laws appeared first on Fichte & Co Legal.

Executive Summary of EU GDPR: 10 Action Points for Compliance

Fichte Legal — Thu, 17 May 2018 05:56:52 +0000

The deadline to comply with the European Union’s General Data Protection Regulation (GDPR) is just around the corner. In this article, we summarize the key points that you need to know about the GDPR and how to acheive GDPR compliance. What is the GDPR? The GDPR (General Data Protection Regulation) is a new European Union …

The post Executive Summary of EU GDPR: 10 Action Points for Compliance appeared first on Fichte & Co Legal.

Directors Liability in the UAE: what you need to know

Fichte Legal — Sun, 27 Aug 2017 08:20:41 +0000

C-level leaders, corporate directors, and company owners are given a great deal of power when running their organizations and divisions, both onshore and offshore, in the United Arab Emirates (UAE). Failing to follow the laws of the UAE can jeopardize the company as well as the director’s reputation, and may even lead to criminal liability. …

The post Directors Liability in the UAE: what you need to know appeared first on Fichte & Co Legal.

The Status of Anti-Corruption Legislation in the UAE

Jasmin Fichte — Mon, 07 Aug 2017 05:04:09 +0000

On 10 June 2017, Robert Bosch Middle East (“Bosch”) was the first company in the region to be awarded an anti-bribery certification by Tasneef-Rina Business Assurance. The standard implements best practices when it comes to fighting bribery and corruption, and contributes to the UAE’s goals of achieving transparency and creating a healthy business environment. As …

The post The Status of Anti-Corruption Legislation in the UAE appeared first on Fichte & Co Legal.

Deciphering Due Diligence in the UAE

Fichte Legal — Sun, 09 Apr 2017 00:30:44 +0000

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 zones, obtaining basic information about UAE free zone companies may pose a daunting challenge. Even so, there are still effective …

The post Deciphering Due Diligence in the UAE appeared first on Fichte & Co Legal.

From Flags to Finance

Alessandro Tricoli — Sat, 22 Oct 2016 09:49:16 +0000

As a Civil law jurisdiction, UAE maritime law is derived from the UAE’s Maritime Code (or specifically Federal Law No. 26/1981) but all maritime financial transactions are governed by the Commercial and Civil Codes. The Federal Transport Authority (FTA), is the Government body which is responsible for regulating and implementing daily shipping procedures, and for …

The post From Flags to Finance appeared first on Fichte & Co Legal.