When successful business owners reach a certain age, it becomes imperative that they address the issue of succession planning. When owners do finally approach their lawyers or accountants for advice it becomes apparent that the business owner has given little thought to his business and does not actually know what they want.
The Process
The first step […]
When a couple decide to divorce, various issues arise which may be further complicated when you are residing in a foreign country where you are not aware of the local laws and procedures.
The laws governing divorce in the UAE are very different from the UK and for that matter, most other non-Sharia law jurisdictions. The […]
On the business front, if you do not have a proper business succession plan or estate planning in place, you simply cannot be sure what will happen after your death: whether your family will be provided for, who will look after your business, and when and how your beneficiaries will stand to benefit from the […]
Number of registered marriages falls from 5,090 to 4,457 in two years.
The number of marriages in Dubai has come down over the last couple of years, according to data released by the Dubai Statistics Centre. While a total of 5,090 marriages were registered in 2014, the number dropped to 4,851 in 2015 and 4,457 in […]
In basic terms, a franchise is a license, or permission to use the name and products of an existing business, as well as the trademark. The party that grants the franchise is known as a franchisor and the party taking the franchise is known as a franchisee. Once the franchisor grants the franchise to a […]
Often when companies are doing business in the UAE; and, in particular, wishing to draft a contract, there is a temptation to go online and find a document to copy and paste. Many documents online originate from either the United States or the England, or countries following a similar legal system- the common law system.
However, […]
Many IT companies start with an idea- some of them are good, some not so good. After the basic idea, it is often the case the people behind the idea, the tech guys, will start going around pitching the idea or the concept to potential investors- these could friends/family, incubators, banks, private equity groups, venture […]
70 per cent of incompatible couples are unable to resolve differences.Dubai: Divorce is no longer the last resort for incompatible couples as they are increasingly considering it as an option within months of their marriage, according to the Dubai Divorce Legal Clinic at TWS Legal Consultants.Nita Maru, managing partner at TWS Legal Consultants who established […]
A digital platform will be launched on Sunday allowing non-Muslims with assets in the emirate of Ras Al Khaimah to include these items in their Dubai-registered will.Dubai International Financial Centre Wills & Probate Registry (DIFC WPR) has extended its coverage to RAK, said Nita Maru, a solicitor and managing partner of TWS Legal Consultants, who […]
More than 2,000 UAE residents have now registered their will with Dubai International Financial Centre’s Wills and Probate Registry. The registry was set up in May 2015 to help non-Muslims ensure that their assets in Dubai bypass Sharia Law and are handed to the beneficiaries of their choosing.
But while the registry offers peace of mind […]
