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The Abu Dhabi Department of Economic Development (ADED) had launched its first phase of the Dual License Initiative. The aim of the Dual License Initiative is to encourage investment whilst also boosting the economic development across the Emirate of Abu Dhabi. In essence, this scheme will enable the companies to carry out their commercial activity both onshore in Abu Dhabi, Al Ain and Al Dhafra, as well as operate in the Emirate’s free zones. This move has been in alignment with the economic initiatives of His Highness Sheikh Mohamed bin Zayed al Nahyan and His Excellency Said Al Hajeri, who affirm the purpose of this initiative is to primarily widen the horizons of business transactions in the Emirate.
The Dual License Initiative forms a vital part of the 50 billion dirhams stimulus package, which will benefit numerous sectors including services, trading and financial consultancies. The initiative provides the conditions for eligibility of different types of companies, including Limited Liability Companies (LLCs), Special Purpose Companies (SPCs), Special Purpose Vehicles (SPVs), to name a few. Further, the procedure for obtaining the dual license has been comprehensively defined.
In this issue of Court Uncourt, our lawyers will elaborate on an array of legal matters including Dual License Initiative in Abu Dhabi, Regulation of Media in the United Arab Emirates (UAE), Consequences of Filing a Wrong Police Complaint in the UAE, Anti-bribery and Anti-corruptions laws in the United Kingdom, Guide on Tax Regulations in Hong Kong, Arbitration Law under the United Nations Commission on International Trade Law, Censorship of Films in India, Legality of Termination for Convenience Clauses, etc.

Court Uncourt Magazine Description:

Reading, Writing, Arithmetic and Science have always been core subjects in school curriculum. The legal fraternity especially the law and judicial system however dictate that citizens and residents should always be aware of the local laws. To this effect, the legal maxim 'ignorance of Law is no excuse' is drummed into students from their first civics class. Guided by our core principles, here we deliver you bespoke legal information that you should know. We have always been at the forefront of driving the conversation towards the issues. It is an indubitable conviction that we live in time of information overload and it is Court Uncourt's attempt to look for context and insight into subjects that pique your curiosity.

We are here to lay your curiosity to rest and share our competency and proficiency openly and seamlessly for your safety and knowledge.

We wish you a pleasant and beneficial reading!