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 …
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 …
Dear Friends and Clients, The hot season together with the Holy Month of Ramadan is at our doorsteps. There are a few days left to register or amend your company, your MOA according to the new Commercial Companies Law, or to reregister your offshore company in Ras al Khaimah after the merger of the two …
Dear Friends and Clients, We have been in the UAE for 10 years; 2 months in Iran; 3 years in Myanmar; 21 years in Singapore and 145 years in Austria… …a good reason to celebrate! In May 2005, we were encouraged by HH Sheikh Saud and Dr. Khater Massad to open an international Legal Consultancy …
Dear Friends and Clients, We have entered a new area! Our license in Iran has been granted. We are the 1st law firm in the country with 100% foreign shareholders. It took quite some effort from our local associates, Arjomandi & Arif, to make the impossible possible. But now we know the way and we can …
Dear Friends and Clients, Our Iran office is going to open its doors at the occasion of the state visit of the Austrian federal president Dr. Fischer on September 7, 2015. We are looking forward to an excellent business environment and three lawyers (all speaking German and English, and two speaking Farsi ) plus the …
Dear Friends and Clients, We take the risk! We go Iran! Will you join us? This immense market has opened up, a population of over 70 mil. people who are all mostly well educated, open-minded and business oriented. This is an immense potential for every entrepreneur. There is still cheap labour, an excellent banking system …