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UAE News developments

Dubai: International Arbitration Centre Mediation Rules Come into Force

  • 11/10/202311/10/2023
  • by Tanya Jain

The Mediation Rules approved by the Dubai International Arbitration Centre in July 2023 have come into force. They came into force on 1 October and mean all new mediation requests submitted to the Centre after this date will be governed by the Rules.

This will be subject to the introductory provisions set out in the Rules.

The Rules will apply where the parties have agreed to mediate their dispute at the Centre. Any party may refer a dispute to mediation at the Centre regardless of whether there is a pre-existing agreement to mediate.

Where there is a pre-existing agreement to mediate, the Rules will apply to mediations which start after the date the Rules came into force regardless of the date on which the agreement to mediate was entered into.

The parties may agree in writing to modify the Rules to the extent that the modifications are within the spirit of the Rules and do not render them inoperable, providing the modifications are approved by the mediator.

The aim is for all mediations to be conducted fairly, impartially, efficiently and proportionately with the sum(s) claimed and/or counterclaimed and the complexity of the dispute being taken into account.

The mediator, the parties and the parties’ representatives undertake to conduct the mediation in line with this objective. The party requesting mediation must submit an application to the Centre in the specified form and send a copy to the responding party at the same time.

The responding party will submit a reply in the specified form to the Centre and send a copy to the requesting party at the same time within 15 days of being notified of the application.

The Centre may grant the responding party an extension of up to seven days to file a reply, provided that the request for an extension contains the responding party’s consent that the dispute be referred to mediation under the Rules, if requested.

If no reply is received from the Centre within the specified time limits or within the additional time determined by the Centre in its discretion, it will be considered that the responding party does not consent to the dispute being referred to mediation under the Rules and the mediation will not proceed.

Where the parties reach an agreement to refer the dispute to mediation in line with the Rules, the mediation will start on the date the Centre sends written confirmation to the parties that agreement to this effect has been reached.

The Rules also contain provisions on notifications, communications and calculation of time limits, mediation costs, appointment of mediators, conduct of the mediation and conclusion of the mediation.

In addition, they contain provisions on confidentiality, the functions of the Centre and Arbitration Court, exclusion of liability and document retention.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

United Arab Emirates News developments

UAE: Free Zones Council Considering Preferential Free Zones Option

  • 06/10/202306/10/2023
  • by Tanya Jain

Gulf News (United Arab Emirates), 4 October 2023: Dubai’s Free Zones Council has discussed a range of measures to enable companies to choose their preferred free zones in the Emirate.

The measures will also encourage startups.

In addition, they will enable entrepreneurs to establish in the free zones.

The Council also discussed regulating the free zone-licensed establishments’ mainland activities. These activities include obtaining a permit from the respective licensing authority. They also include coordinating with the relevant free zone authority and opening a branch in the Emirate to carry out business activities from the same location in the free zone, in line with the procedures enforced by the licensing authority. However, specific legal procedures will have to be followed.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

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United Arab Emirates News developments

UAE: Mandatory Job Loss Insurance Scheme Now in Force

  • 06/10/202306/10/2023
  • by Tanya Jain

Gulf News (United Arab Emirates), 1 October 2023: The mandatory job loss insurance scheme is now in force. It means employees will now be fined 400 AED.

Employees who subscribe to the scheme but fail to pay the premiums for more than three months will now have their insurance certificate cancelled and be fined 200 AED.

If employees fail to pay the fines for three months from the due date, the amount will be deducted from their wages through the Wage Protection System, end-of-service gratuity, or any other alternative method deemed acceptable by the Human Resources and Emiratisation Ministry. This penalty will be specified in the relevant Ministerial Decision.

Under the relevant Ministerial Decision, employees will not be eligible for a new work permit until all fines owed are paid within the specified timeframe.

Investors, domestic helpers, temporary contract workers, those under 18, and retirees who are entitled to a pension and have started a new job are exempt.

Employees had to pay a premium to subscribe to the scheme. If they lose their jobs for anything other than disciplinary action or resignation, they will receive financial support for up to three months.

Premiums can be paid monthly, quarterly, bi-annually, or annually. To get the support employees must be subscribed to the scheme for at least 12 months. Subscriptions to the scheme began in January 2023 so if an employee subscribed to it in January, they will become eligible for compensation only if they lose their job after December 2023. If a person subscribes to the scheme this month, they will only become eligible after 12 months have passed.

Private sector employees, federal government departments, and free zones had until 1 October to subscribe to the Involuntary Loss of Employment (ILOE) scheme.

There are two types of plans. Category A is available to employees with a basic salary of 16,000 AED or less. The premium will be five AED plus VAT a month and will provide an employee with 60% of their basic salary up to 10,000 AED a month.

Category B is available to employees with a basic salary of more than 16,000 AED. The premium will be 10 AED plus VAT a month and will provide an employee with 60% of basic salary; up to 20,000 AED a month.

The benefits of the scheme will stop if the beneficiary gets a new job or leaves the UAE.

The employee must not have an existing absconding complaint against them.

Claims must be submitted within 30 days from the date of termination or the settlement of a labour complaint referred to the judiciary.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

UAE News developments

Dubai: Land Department Launches Munaqasat Service

  • 05/10/202305/10/2023
  • by Tanya Jain

Gulf News (United Arab Emirates), 2 October 2023: Dubai’s Land Department has announced it has launched a new Munaqasat service to improve transparency in the sector and ensure top-quality services at competitive prices.

It will be available via the Real Estate Regulatory Agency and will regulate tendering processes for all matters related to services and maintenance for jointly owned properties.

It will facilitate and simplify the tender process and establish a direct link between jointly owned property companies and service providers.

Jointly owned properties will have to submit all tenders through the service following the submission of their 2024 budgets which must be submitted by October 2023.

A specialist technical team will then submit tasks, assess firms, and provide recommendations. A finance team will then review the technical aspects and set prices for each necessary service.

The average of the technical and financial scores determines the final tender selection.

Tenders will then be initiated, allowing service providers to participate via the new service. They can register as suppliers, which will give them access to all relevant tenders based on their registered activities.

Additional features will be added by 2024 that will allow property owners to evaluate the performance of service providers. Owners’ committees will also have access to view presented tenders, which will improve transparency further and engage the real estate sector.

It has been launched in line with Dubai’s Digital Strategy.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

United Arab Emirates News developments

Abu Dhabi: Government Empowerment Department Established

  • 05/10/202305/10/2023
  • by Tanya Jain

Gulf News (United Arab Emirates), 28 September 2023: Abu Dhabi’s Ruler has issued a law to establish the Government Empowerment Department-Abu Dhabi.

The new Department will be responsible for providing services to government entities in the Emirate.

It will have a focus on improving human capital and digital capacity.

It will provide digital government services and boost collaboration to improve efficiency and productivity in government bodies.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

LexisNexis Breakfast Seminar | 4th of October | 08:30 AM – 11:00 AM | Waldorf Astoria DIFC

Sold Out LexisNexis Breakfast Seminar | 4th of October | 08:30 AM – 11:00 AM | Waldorf Astoria DIFC

  • 21/09/202329/09/2023
  • by Tanya Jain
We're sorry, but all tickets sales have ended because the event is expired.

  •  04/10/2023
     8:30 AM - 11:00 AM

  REGISTER HERE Mastering Commercial Agencies & Distribution Agreements: Legal Strategies and Risk Management in the MENA Region OVERVIEW Navigating the complexities of commercial agencies and distribution agreements within the MENA region requires not only a keen understanding of international business practices but also a deep grasp of the intricate legal landscape specific to the (more…)

United Arab Emirates News developments

UAE: Administrative Penalties for Commercial Agency Law Violations Decision Issued

  • 21/09/202321/09/2023
  • by Tanya Jain

Gulf News (United Arab Emirates), 11 September 2023: The UAE’s Economy Ministry has issued a Decision specifying the administrative penalties which will be imposed for Commercial Agency Law (Federal Decree-Law No. 3/2022) violations.

Among other penalties under Cabinet Decision No. 89/2023, an international business who sells its goods and services to entities or individuals other than the contracted commercial agent will receive a warning first and may then be fined between 100,000 and AED 400,000. Their goods may also be seized by UAE Customs.

In addition, other offences may see a warning given first and then fines of between 100,000 and 200,000 AED imposed. Goods may also be seized by UAE Customs.

Some repeat offences could see offenders fined up to 400,000 AED.

In addition, the new legislation will apply automatically to existing commercial agency contracts drafted before the new Commercial Agency Law came into force in June. Only contracts not being renewed or being terminated early will be exempt..

The Cabinet Decision has been published in the Official Gazette.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

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UAE News developments

Dubai: New Training Programme for Prospective Employees to be Launched

  • 20/09/202320/09/2023
  • by Tanya Jain

Khaleej Times (United Arab Emirates), 18 September 2023: Dubai’s Health Authority has announced it is going to launch a new training programme for prospective employees.

The Elite Programme will give prospective Emirati employees training across specialised and advanced programmes to develop their personal, scientific, and professional skills and capabilities.

It will give them the chance to gain experience and gradually take on additional roles, tasks, and responsibilities for one year.

Those who prove their competency during training will be appointed based on their progress.

The Programme has been launched to improve Emiratisation rates at the Authority and attract more specialist Emirati talent.

Trainees will receive monthly financial rewards as well as the opportunity to be trained and gain hands-on experience in tasks and responsibilities necessary for the industry.

The Programme will be launched soon and Emiratis interested in applying can apply via the Dubai Careers website.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

United Arab Emirates News developments

Abu Dhabi: Penalties for Throwing Waste from Vehicles Clarified

  • 20/09/202320/09/2023
  • by Tanya Jain

Gulf News (United Arab Emirates), 15 September 2023: The Abu Dhabi Police have clarified the penalties, which will be imposed on those who throw waste from their vehicles. Offenders will be fined 1,000 AED and have six black traffic points imposed on them.

The penalties will be imposed in line with Article 71 of Federal Law No. 21/1995.

The Police and the Centre for Monitoring and Control issued a joint appeal for waste to be disposed of responsibly.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East Gulf Tax – Autumn 2023 Edition News developments

Lexis Middle East Gulf Tax – Autumn 2023 Edition

  • 13/09/202313/09/2023
  • by Tanya Jain

We are excited to introduce the newest edition of Lexis Middle East Gulf Tax. Our complimentary magazine provides valuable insights into the latest tax and financial developments throughout the region.

In this issue, we delve into the finer points of free zones in the UAE, where recent Cabinet and Ministerial Decisions have shed light on the operation of Corporate Income Tax. Discover the clarifications and implications that may affect your business.


In this edition:

FEATURE: FINER POINTS ON FREEZONES

Explore how recent Cabinet and Ministerial Decisions have brought clarity to the operation of Corporate Income Tax within UAE freezones. Mourad Chatar of Value Square unravels surprises in determining liabilities.


FEATURE: E-INVOICING: WHAT NEXT?

Dive into the adoption of new technology across the GCC to enhance tax compliance. Discover how tax regulators are leveraging mandatory e-invoicing for improved tax regulation. Insights provided by Ekansh Agrawal and Shashank Chandak of KPMG.


TAX NEWS ROUND-UP

Stay informed about the latest updates in tax treaties and regulations throughout the region.


WHAT’S CHANGED?

Discover the significance of the new UAE clarification procedure within the dynamic tax landscape. Brought to you in partnership with Crowe.


PRACTICAL FOCUS: TAX AND M&A

Gain valuable insights from Mourad Chatar and Ismail El Koundi of Value Square, tailored for tax and M&A professionals.


INHOUSE TAX PROFILE: SUSTAINABLY MINDED

Explore the intersection of sustainability and tax planning with Rajpal Bal, Global Head of Tax, Treasury & Customs at Aramex.


ANY QUESTIONS? – HOW DOES TAX RETENTION OPERATE?

Delve into the workings of tax retention in Kuwait with insights from Rami Alhadhrami of BDO Kuwait, shedding light on the requirements that apply to entities trading in Kuwait.


Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East Gulf Tax| Autumn 2023

Have you read the Lexis® Middle East Gulf Tax – Spring and Summer 2023 editions? Click the links below to access them.

Lexis Middle East Gulf Tax |Spring 2023
Lexis Middle East Gulf Tax | Summer 2023

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