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Meyer-Reumann News
New legislation in Abu Dhabi for divorce, marriage and inheritance matters
Regulators in Abu Dhabi will offer the option for non-Muslim expatriates in family and inheritance matters to move away from the otherwise mandatory application of Shariah law. The National reports that with a new marriage mediation law non-Muslim couples in Abu Dhabi will be able to get married and divorced through churches and religious leaders of their own faith. Already earlier a personal affairs court was established for non-Muslims, with a registry that enables expatriates to register a will and to freely determine who should be the beneficiary of their assets. Read article...
16.07.2017 United Arab Emirates
Exemptions from VAT
Residential property in the UAE, some financial services, undeveloped land and local transport will be exempt from value-added tax (VAT), which will be introduced at a rate of 5 per cent on January 1 next year and is expected to boost GDP by about 1.5 per cent. Whereas supplies (including sales or leases) of commercial properties will be taxable at the standard VAT rate, supplies of residential properties will generally be exempt from VAT. This will ensure that VAT would not constitute an irrecoverable cost to persons who buy their own properties. Read article...
16.07.2017 United Arab Emirates
Expanding DIFC’s Jurisdiction
The Dubai International Financial Centre has announcement the expansion of DIFC’s jurisdiction to include a project called Emirates Towers Business Park.
The development is the result of mutual collaboration between Dubai Holding and DIFC, in response to the increasing demand from international corporations looking to set base in Dubai’s thriving business environment and benefit from the Centre’s world-class legal and regulatory framework. Read article...
05.07.2017 United Arab Emirates
Organ donation from deceased now legalized in UAE
Organ donation procedures in the UAE must be in accordance with Law No. 15 of 1993 Regulating the Transfer and Transplant of Human Organs, Ministerial Decision No. 566 of 2010 on Implementing the Regulation of Federal Law No. 15 of 1993 Regulating the Transfer and Transplant of Human Organs and Unified Guide to Organ Transfer and Transplant in the GCC. The law prohibits trafficking of human organs. Sheikh Khalifa Medical City in Abu Dhabi is the only authorised organ transplantation centre in the UAE. Read article...
28.06.2017 United Arab Emirates
Qatar crisis: How you will be affected
As of June 5, 2017 the UAE has severed all relations with the State of Qatar, including breaking off diplomatic relations, giving Qatari diplomats 48 hours to leave the UAE. This is in support of statements of Kingdom of Bahrain and Kingdom of Saudi Arabia on Qatar. Read article...
06.06.2017 United Arab Emirates
Beware, new UAE traffic rules take effect this July
Maj. Gen. Mohammed Saif Al-Zafin, Assistant Commander-in-Chief of the Dubai Police for Operations Affairs and Chairman of the Federal Traffic Council, confirmed that the ministerial decision No. 178 of 2017 on the rules and procedures of traffic control and the new traffic violations and fines are set to be implemented by July 1, 2017. Eating or drinking, using mobile phone, putting makeup or adjusting the ghatra/scarf will result in a fine and four black points. Read article...
05.06.2017 United Arab Emirates
Suspension of Emirates Services to Qatar
As instructed by the UAE government, Emirates will suspend its flights to and from Doha, starting from the morning of 6 June 2017, until further notice. The last flight from Dubai to Doha will depart as EK847 at 02:30 am on 6 June. The last flight from Doha to Dubai will depart as EK848 at 03:50 am on 6 June. Read article...
05.06.2017 United Arab Emirates
Shareholders benefit from first ever - Free Zone Company Share Will
The DIFC Wills & Probate Registry (‘the Registry’) has recently launched a new online Will facility which will give eligible persons the ability to complete and submit for registration a DIFC Will which is specific to their shareholdings in Dubai and Ras Al Khaimah free zone companies (and also RAKICC companies). Read article...
05.06.2017 United Arab Emirates
EU seeking trade ties with China
At a June 1-2 meeting in Brussels, Chinese and European leaders continued to chart a path to closer trade and investment ties. The EU is seeking to create stronger international bonds without reigniting a Populist wave in Europe that rallied against globalism's negative effects on domestic industries and workers. Read article...
05.06.2017 United Arab Emirates
Tax on tobacco, energy drinks, soft drinks from Q4 2017
A 100 per cent excise duty will take effect in the UAE and tobacco products will double in price across Gulf Cooperation Countries. The tax on tobacco, energy drinks and soft drinks is expected be levied in the fourth quarter of this year. Read article...
01.06.2017 United Arab Emirates
Introduction of Abu Dhabi's wills registry for non-Muslim expats
Sheikh Mansour bin Zayed, Deputy Prime Minister and Chairman of the Abu Dhabi Judicial Department, has issued a resolution to create a registry of wills and probate for non-Muslims in the emirate. The new registry will enable non-Muslims with assets in Abu Dhabi to have the option to bypass Sharia and instead allow their estates to apply the legal framework that they choose. Read article...
30.05.2017 United Arab Emirates