WLN tag: #legalnews
Poland: Peculiarities of Applying the General Anti-Tax Avoidance Clause
The general anti-tax avoidance clause was introduced into the Polish legal system by the Act of 13 May 2016 and has been in force since 15 July 2016. It is set out in Articles 119a–119f of the Tax Ordinance. The clause allows tax authorities to disregard the tax consequences of actions deemed artificial and aimed […]
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 […]
The Council of the EU’s recent insights on insolvency law harmonisation
Sebastiaan Meeuwens (Legalis advocaten) and Gloria Viñals (Bufete Mañá-Krier-Elvira), as chairs of the Restructuring and Litigation & Arbitration Focus Groups, are pleased to share the Council of the EU’s recent insights on insolvency law harmonisation. This development marks a significant step forward towards a more cohesive legal framework across member states. The Council of the EU’s agreement […]
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 […]
Poland: What are the chances of winning a dispute with the tax administration?
When in 1920 a general income tax was introduced in the independent Republic of Poland, after the first few years of its operation, representatives of the legal doctrine and specialists lamented its shortcomings, including, among others, the low quality of the jurisprudence of tax commissions, which resulted in a high rate of repealing decisions issued […]
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 […]
How Employee Share Incentives can help grow your business in the UAE?
Introduction: In the fast-paced business world of the United Arab Emirates (UAE), where many startups are growing, several of them choose to provide a certain form of ownership to their top talent to retain them for a longer period. Businesses choose several forms of share incentives that can make them attractive to such top talent. […]
UAE: Dubai's new tax law on foreign banks
Introduction The Emirate of Dubai in 2024 issued Law No. (1) of 2024 Concerning Tax on Foreign Banks Operating in the Emirate of Dubai. The law’s passing is an essential step to clarify the applicability of separate tax laws for foreign banks operating in Dubai. A similar law passed in 1996 imposed a Dubai Banking […]