Could Dubai tenancy contracts be
terminated due to coronavirus COVID-19? And, if so, could tenants leave the premises without any penalty or
could they be evicted? On the other hand, questions have been asked regarding
reduction and postponement of rent. Could tenant ask to reduce and/or postpone
the rent and is the landlord obliged to satisfy such request?
My clients come up to me with a question
where COVID-19 is a Force Majeure event that would relieve the company from its
obligations to perform existing contracts. The answer to this question is not
strait forward and depends on few factors that need to be considered.
JAFZA have passed new JAFZA
Offshore Companies Regulations 2018 that replace the existing Regulation of
2003.
The purpose of this article is to provide a brief introduction to a new
possibility for foreigners in Dubai to register their last wills and testaments
(Wills) and express their wishes with regard to the distribution of their Dubai
(and/or Ras Al Khaimah) assets after death.
The new UAE
Commercial Companies Law (Federal Law No. 2 of 2015) (“CCL”) came into effect
on 1 July 2015. It replaced previous Law No 8 of 1984. A fine of AED 2000 per
day of delay will be imposed on any company that fails to amend its MOA before
1 July 2017 to be compliant with the provisions of the new CCL.
There are several options for obtaining residence permit
(resident visa) in Dubai, UAE.