Publications and news
While the UAE attracts startups with its developed economy, ample opportunities for capital raising, low taxes, and access to the rapidly growing MENA market, many founders are deterred by the high costs of establishing companies in this country. International News Digest — 4.11.24-8.11.24
Here’s the last week’s digest of international legal news from our firm, keeping you updated on key global developments. It includes news from the UAE, Cyprus, Singapore, Oman and Kazakhstan. Senior Associate Andrey Didenko participated in the TON The Gateway conference in Dubai
As an experienced lawyer specialising in legal support for fintech startups, Andrey brings valuable insights from the forefront of blockchain and cryptocurrency developments. We are pleased to announce the launch of our Energy, Natural Resources and Infrastructure practice!
This practice is led by Counsel Grigory Balashov, an experienced expert in this field. Grigory brings over 14 years of experience in the Oil and Gas sector, gained from prominent roles at leading international law firms Clifford Chance and Norton Rose Fulbright. International News Digest — 28.10.24-1.11.24
Stay informed with the latest updates from the global legal and business landscape. Here's our curated digest of key international news you shouldn't miss. Where else outside of traditional western fund jurisdiction one can create an AIF?
Gujarat International Fin-Tec City (“GIFT City”) is being developed as a global financial and IT Services hub on the lines of globally benchmarked financial centres. It includes a Special Economic Zone having the status of an International Finance Services Centre (“IFSC”). Comparison of Free Zones IFZA and RAKEZ (UAE)
In our latest article, we delve into a comparison of two popular free economic zones in the UAE: RAKEZ in Ras Al Khaimah and IFZA in Fujairah. Understanding the nuances of each of them is crucial for businesses considering company formation. DIFC Foundations
We often encounter requests not only for the creation of investment funds but also for funds aimed at protecting the personal assets of beneficiaries. In Dubai, this type of fund is called a “Foundation.” The operation of Foundations within the DIFC is governed by the DIFC Foundations Law №3, introduced in 2018. Suing founders is a new trend or still an exception?
The TMT Investments venture fund sued the founder of one of their portfolio startups, which claims that before the round, the startup artificially inflated revenue, showed incorrect financial indicators in reports to shareholders, violated the articles of association.
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Al Hulaila Industrial Zone, Ras Al Khaimah, United Arab Emirates