What is a Pardon? A pardon is a significant legal mechanism that serves as a formal act of forgiveness granted by a governing authority, typically a head of state or a designated board, to individuals who have been convicted of crimes. This legal instrument acknowledges that the individual has made amends, thereby absolving them from … Read more
Introduction to VAT in the UAE The introduction of Value Added Tax (VAT) in the United Arab Emirates (UAE) marked a significant milestone in the nation’s efforts to diversify its economy and enhance its revenue streams. Effective from January 1, 2018, this tax system was implemented as part of the broader economic vision to reduce … Read more
Introduction to VAT Penalties and the Federal Supreme Court The introduction of Value Added Tax (VAT) in the United Arab Emirates on January 1, 2018, marked a significant shift in the fiscal landscape. With the relatively new tax system, businesses are grappling with a myriad of challenges, particularly regarding compliance and the associated penalties for … Read more
Introduction to Federal Law No. 5 of 1985 Federal Law No. 5 of 1985, widely recognized as the UAE Civil Transactions Law or Civil Code, serves as a fundamental legal framework governing civil transactions within the United Arab Emirates. This comprehensive legal instrument was enacted to regulate various aspects of civil law, including contractual agreements, … Read more