WLN tag: #finance
UAE: How tokenization is making Dubai’s real estate accessible?
The Dubai Land Department (DLD) has recently introduced real estate tokenization in Dubai and is one of the very few places allowing it. Tokenization has been well received by the investors interested in the real estate of Dubai and is a step in line with Dubai’s Real Estate Sector Strategy 2033 aiming to double the […]
How Competition Law Impacts Mergers and Acquisitions in the UAE?
Introduction The UAE government in the year 2023 passed a federal law for regulating competition in the country (Federal Decree Law No. 26 of 2023). The law was aimed at providing a stimulating environment for businesses to enhance effectiveness, competitiveness and consumers’ interest and achieve a sustainable development in the country. Further, the law was […]
How are media activities regulated in the UAE?
Introduction: The United Arab Emirates (UAE) government passed the Federal Decree Law No. 55 of 2023 concerning Media Regulation which applies to all individuals, media establishments, media outlets and freezones practicing media activities in the country. In addition to the above, Cabinet Resolution No. (68) of 2024 provides a detailed licensing procedure for establishing a […]
UAE: How does the Credit Information Law of the UAE assess your Creditworthiness?
Introduction: The Federal Law No. 6 of 2010 on Credit Information regulates the activities of Credit Information of an individual including its request, collection, keeping, analysis, classification, use, circulation and protection and whatever relates to such Information. The law defines Credit Information as information that indicates a person’s eligibility and creditworthiness. Such information may include […]
UAE: Dubai allows free zone businesses to expand to mainland
Introduction: The Dubai government has recently allowed the companies in free zones to expand in the mainland Dubai. The decision was taken through Executive Council Resolution No 11 of 2025 and is aimed to increase investment and promote growth in the region. This move forms part of the Dubai Economic Agenda (D33), which targets a […]
Poland: Taxation of benefits for beneficiaries of a family foundation
Family foundations are gaining popularity as a solution that enables not only the protection of assets and their optimal tax multiplication, but also, and perhaps above all, the protection of the financial interests of the beneficiaries. The scope of benefits granted, the conditions and the manner of their payment are specified in the foundation’s statute. […]
UAE: "Know your Client" Law
The introduction of Federal Decree-Law No. (30) of 2024 (the “Law”), establishing a “Know Your Client” (KYC) Digital Platform, enabling identity verification is an important step forward for the United Arab Emirates (UAE) whereby UAE has committed to tackle financial crimes in the country. Objectives The decree law aims at achieving the following objectives: KYC […]
UAE: National Register for Carbon Credits and its impact on business in the UAE
The UAE’s cabinet recently adopted Cabinet Resolution No. (67) of 2024, which aims to reduce GHG emissions to achieve climate neutrality in 2050 and regulate the registration of carbon credits in the nation. Scope of application: The Cabinet resolution applies to the following: Measuring, reporting, and verification requirements: The resolution provides comprehension methods and forms […]
UAE: How does the UAE enforce minimum Emirati employment targets in the private sector?
The UAE has through the Federal Decree Law No. 9/2024, recently amended the Federal Law Regarding the Regulation of Employment Relationship 2021 to discourage Fictitious Employment that has been taking place in the UAE to fulfil the Emirati Employment Targets. The law aims to effectively implement the Emiratization Policy that the UAE government has introduced […]
UAE: Federal Decree-Law No. (11) of 2024 on the Reduction of Climate Change Effects
Introduction The UAE government in October 2024 passed a climate change law focus on reducing the effects of Climate Change. The objective of the law centres around managing emissions, increasing the adaptability of the economy to the impacts of climate change, supporting innovation in the area and improving regional and international cooperation by aligning local […]