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The Ultimate Beneficial Owner Regulation are the critical element in the UAE’s approach to combating money laundering…

In the UAE, commercial disputes are usually settled through court or via arbitration. Except for courts established in certain Free Zones…

Real estate and succession planning are two related areas that are often intertwined, particularly when it comes to passing down real estate assets to future generations…

Our objective is to ensure swift and smooth registration of a client’s IP rights and assure prompt…

Setting up or liquidating a business in the UAE needs professional guidance and expertise with an in-depth understanding…

Employment laws guarantee a fair and safe working environment for workers of any organization…

Businesses are increasingly seeking ways to build global relations and expand their reach. In a highly competitive marketplace, it is common for organisations…

In the UAE, contract management services are particularly important for businesses operating in sectors such as construction, real estate, and finance…

At MBG Legal Consulting, our Investment Advisory services blend global standards and capabilities with unmatched local expertise…

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HIGHLIGHT

Highlight

Enhanced Penalties for violations under the Corporate Commercial Law

Cabinet Decision No. 102/2022 on the issuance of the Regulation on the Administrative Penalties for Acts committed in violation of the provisions of the Federal Decree Law No. 32 of 2021 on Commercial Companies

The provisions of this decision shall apply to commercial companies that are established in UAE, foreign companies and branches of foreign companies, and to the representative offices and investment funds. Companies that are exempted by the provisions of the Law include professional civil, foreign companies and companies operating in the Free Zones.

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