Dear Friends and Clients, An interesting year has come to an end. Most of us, living and working in the UAE, have experienced some downturn in investment due to the oil price slump. But the ones who kept their eyes open found other ways to make good money. The diversification in economy and flexibility of …
Dear Friends and Clients, Isn´t it impressing to live in a country where the obligation to read is defined by a law? If you are employed, will you be required to pause your duties, take up a book and start reading? Will there be exact reading times, like the prayer times? Does the law apply …
Dear Friends and Clients, Are we living in an island of the blessed? If you read HH Shaikh Mohammed´s statement at the end of our newsletter you must admit that there is hardly any other country in the world which has achieved such success. This is exactly what we have always written for the 11 …
Dear Friends and Clients, Now we are also trademark agents. It’s always good to have young, dynamic lawyers in old firms (Strohal Legal dates back to 1871) because it opens new doors of consultancy. So please come along, if you don’t have a trademark yet we can also design one for you, or if you …
TRADEMARK REGISTRATION Trademark Registration in the UAE Currently there are more than 350,000 Small and Medium Sized Businesses (SMEs) in the UAE, among them are similar companies with equal goods and services. A trademark can be used to distinguish your company as well as your products and services from the competitor’s and to create unique …
PRIVACY UNDER UAE’S LAW PERSPECTIVE Data sharing and its potential risks A recent study conducted in June in by Kaspersky Lab, an international software security group, revealed that people are prone to share sensitive data or secrets on the internet. This may happen willingly, by accident, and out of unawareness of what dangerous internet behaviour …
Bei der Berechnung der “End of Service Gratuity” kommt es immer wieder zu Unsicherheiten. Was muss der Arbeitgeber dem Arbeitnehmer bei Beendigung des Arbeitsverhältnisses zahlen? Wie hoch ist die “End of Service Gratuity”, wenn die Kündigung des Arbeitsverhältnisses durch den Arbeitnehmer erfolgt? Werden Allowances in die Berechnung der Abfindung einbezogen? Wie wird die “End of …
Dear Friends and Clients, Back to business. The summer is still on, but the international schools will start soon and the expats are coming back from holidays. When I entered the smart gate at DXB Terminal 3 about 80% of the machines rejected my e–gate and also my Emirates ID, “Fingerprint cannot be recognized”. But …
AK Customs Policy (2) of 2016 – Free Zone Procedures Many clients had and have had problems if their goods first arrived in the Jebal Ali Free Zone and are further transported, for instance, to another Free Zone such as RAK FTZ. There is a customs tax levied of 2 x 5%. Years ago, there …
Die Frist zur notwendigen Anpassung des MOA (Memorandum of Association/Gesellschaftsvertrag) wurde kürzlich um ein Jahr verlängert und endet nun am 30. Juni 2017. Sämliche Onshore Companies müssen ihr MOA an die Regelungen des New Commercial Companies Law, Federal Law No. 2 of 2015, angleichen. Das Gesetz trat bereits am 1. Juli 2015 in Kraft und …