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Showing posts from November, 2022

ISSUES OF INHERITANCE IN DUBAI: SHARIA PERSPECTIVE

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The Civil Law and the Personal Status Law govern issues of inheritance in UAE. Both laws have the essence of Sharia principles and do not recognize the right of survivorship.  According to Sharia Law, the estate of the deceased will devolve among the heirs after deducting the funeral expenses of the UAE national. Muslim people can also choose to draft a will. It should be kept in mind that only one-third of their property can be bequeathed through a will. In case the testator wants to devolve more than one-third of his property via will, written consent from all other heirs has to be taken. Expats should not die intestate Indeed, UAE law does not mandate expatriates to write wills but the expats can choose to draft wills and divide & distribute their assets by following the laws of their native country. But here is the catch! If the expat dies without drafting a will, then Inheritance Courts can split his possessions according to the Sharia principles and UAE laws. Even after an am

BEWARE! TRESPASSING IN UAE CAN GET YOU JAILED

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Trespassing is an offence in UAE which can attract criminal liability of both imprisonment and a fine. What is trespassing? It means to enter someone’s land, house or property without permission. A trespasser can enter into or upon the property with intent to commit an offence, intimidate or remain there unlawfully. Article 474 of the UAE Penal Code (Federal Decree-Law No. 31 of 2021) defines the offence of trespass as: "Any person who enters into an inhabited place or a place intended for dwelling or any of its appurtenances or a place intended to safeguard money or a real estate, against the will of the concerned person, and in other than the cases indicated in the law, and any person who remains therein against the will of the person who has the right to evict him if he is found hiding from such rightful person” The convict shall be jailed for a period of not exceeding 1year or a fine not exceeding AED 10,000. In addition to this, the court shall order the eviction of the of

TAKE BENEFIT OF UAE’s NEW GREEN VISA SCHEME

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  UAE announced an attractive visa system called ‘green visa’ and it has been made available from 3 rd October 2022. The purpose behind this scheme is simple, the country wants to attract the best talent across the globe. ‘Green Visa’ can have a validity period of 5 years or more. Due to immense job opportunities available in UAE, this self-sponsored long-term visa is getting a lot of attention from professionals and experts. VISA SCHEME IN DETAIL Freelancers, self-entrepreneurs/self-employed individuals, highly skilled workers/employees and professionals and investors or partners in commercial activity can apply for a 5-year Green visa now . For professionals, it is important to have a Bachelor's degree and a minimum income of AED 15,000 and a valid job certificate. To fall under the category of highly skilled employee, the applicant must be classified in the first, second or third occupational level and receive a salary of at least AED 15,000 a month. The existing investors curr

Do you know about new taxation law in UAE?

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To strengthen UAE’s position in the global business arena, the government of UAE in a historic move announced a ‘federal corporate tax’ for some selective businesses operating in this gulf country. This tax regime will come into force from 01st June 2023. Keeping in mind the best practice followed in other developed countries, a statutory tax rate of 9% will be levied on the companies.  In this article, we are going to discuss this new corporate tax regime with the help of our  best taxation lawyers of UAE . Relief for small and medium-sized enterprises In the opinion of our  top taxation lawyers of Dubai , this new taxation scheme is specially dedicated to protecting the interest of small and medium-sized enterprises. It is highlighted that there will be a zero-tax rate for taxable profits up to AED 375,000. The tax rate exceeding the minimum profit level is not disclosed by the ministry yet.  No personal income tax The Ministry of Finance clarified that there will be no tax on person