Author page: CVML Dubai

Four reasons why due-diligence is considered crucial in M&A transactions in the UAE

Four reasons why due-diligence is considered crucial in M&A transactions in the UAE

In the world of mergers and acquisitions (M&A), due-diligence is a critical component that is implemented more and more in the UAE due to the growing number of businesses and which may determine the future of transactions. Due-diligence refers to the comprehensive audit and analysis conducted by acquiring companies to assess the financial, legal, operational, and strategic aspects of a…

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Understanding the rent cap in Dubai

Understanding the rent cap in Dubai

When your lease contract is due for renewal, it is important to know your legal rights as a tenant. Dubai has defined clear parameters that determine whether a landlord can request an increase in the annual rental and if applicable, the permitted percentage of increase. It has also defined certain notification requirements that a landlord should follow if he wishes…

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Vara’s new regulations and the future of the digital economy

Vara’s new regulations and the future of the digital economy

On February 7, 2023, the Dubai Virtual Assets Regulatory Authority (VARA) issued its much-anticipated Virtual Assets and Related Activities Regulations 2023 (VARA Regulations), which sets out a comprehensive framework for the regulation of all virtual assets (Virtual Assets Framework) in the Emirate of Dubai in the United Arab Emirates (UAE). VARA’s regulations were issued pursuant to Law No. (4) of…

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Nominated subcontractors – The legal repercussions under UAE law

Nominated subcontractors – The legal repercussions under UAE law

The nomination of subcontractors by an employer is a fairly common practice in the construction sector in the UAE and is often dictated by commercial considerations. Nomination of subcontractors can for example occur in one of the following circumstances: The legal repercussions of the nomination are complex and are often not sufficiently understood by the parties when they engage in…

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Will registration in the UAE

Will registration in the UAE

Introduction Will registration is not something that many people deal with and value the importance of due to the simple fact that it may feel uncomfortable for testators when planning death-related matters. However, registering a will can actually safeguard against any issues, complications, and expenses that may arise following someone’s death, especially in the UAE. According to Article 240 of…

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Arbitration in the UAE

Arbitration in the UAE

Introduction Arbitration is one of the most popular methods of alternative dispute resolution around the world, particularly as we are seeing more and more disputes as the global economy is intertwined, with businesses conducting cross border trade making international commercial transactions and contracts a crucial component of this interaction, and therefore the need to have a streamlined process to resolve…

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