trust services

A Comprehensive Guide to Federal Decree-Law No. 46 of 2021: Electronic Transactions and Trust Services in the UAE

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Introduction to Federal Decree-Law No. 46 of 2021 In the context of the rapid digital transformation occurring in the United Arab Emirates, the Federal Decree-Law No. 46 of 2021 emerges as a pivotal legislative framework. This law, introduced to regulate electronic transactions and trust services, signifies the UAE’s commitment to enhancing the digital economy and … Read more

Understanding Trusts in the UAE: A Comparative Analysis and Common Pitfalls

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Understanding Trusts in the UAE: A Comparative Analysis and Common Pitfalls

Introduction to Trusts in the UAE Trusts serve as a vital legal instrument in the context of asset management and estate planning, particularly within the United Arab Emirates (UAE). Primarily, a trust is an arrangement wherein property or assets are held by one party for the benefit of another. This mechanism plays a critical role … Read more