Introduction of VAT in UAE
Introduction The GCC nations have announced introduction of VAT from the next year and preparation for the same is in full swing. Kingdom of Saudi Arabia already published the treaty in their official gazette earlier this month and is all set to introduce it with effect from 1 January, 2018. The view of rulers of […]
New Rules for Cross Border Mergers of Indian Companies
Introduction The ministry of corporate affairs of India has notified Section 234 of the Companies Act, 2013 which deals with the provisions for amalgamation or merger of an Indian company with a foreign company through their notification dated 13 April 2017. Further, insertion of Rule 25A to the Companies (Compromises, Arrangement and Amalgamations) Rules, 2016 […]
New Government rules in Commercial Company Law of UAE
Introduction-Commercial Company Law There has been New Government Rules issued by the authority recently, The Provisions are related to “Related Parties”, “Insiders”, and “Conflict of Interest”. The purpose of this article is to provide an overview between the New Government Rules and Commercial Company Law. To suffice the purpose of this article, let us first […]
Six Laws on Consumer Privacy in GCC
Introduction Before understanding the importance of the consumer privacy in today’s scenario, one must know the meaning of this both two terms. There has been rapid changes & development in the technology and their implications. Consumer privacy refers to the protection of the personal data and protection of any kind of communication between people through […]
Jordan Foreign Investment Regulations updates
Introduction The Jordanian economy is majorly based on the investments from various Gulf countries as the country do not possess rich natural resources unlike neighboring countries. But, these investments have seen a sharp downfall due to the global slowdown and fall in oil prices. Jordan has introduced various investment laws during this period to […]
3 major regulations for distribution of pharmaceuticals in the GCC region
Introduction The GCC healthcare market in one of the fastest growing industry in the region and still have enough potential for future growth at the same or higher rate considering various ongoing mega projects supported by the respective Governments as part of their long-term strategy to streamline the issues related to health care of […]
Why Mobile Banking Regulations is the need of the hour in Egypt
Introduction With the advent and popularity of smartphones, mobile and internet banking have gained acceptance and popularity from people around the world and today it is the most common and user friendly way of banking. It offers a wide range of banking operation at the fingertips for account holders and save them from standing in […]
IPR protection measures in GCC
Introduction Gulf region is largely recognized for its large amount natural resources especially of oil and gas. With the remarkable growth in the economy, it has attracted the eyes of investors from all over the world. With an ambitious objective to promote co-operation of member nations and become knowledge based economies Gulf Cooperation Council (GCC) […]