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IR Global – “Meet the Members” – MENA

IR Global presents in the publication “Meet the Members” 11 of the 42 representatives of the MENA Forum – Middle East and North Africa Thomas Paoletti is the founder and general manager of Paoletti Legal Consultants. He has more than 20 years of experience in sophisticated corporate, real estate, finance and technology related matters, on…

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Negotiating Effective Contracts & Dealing with Disputes: Advice from Outside Counsel

To read the full article,Download If you wish to have a multi jurisdiction comparative overview, please refer to http://– https://www.irglobal.com/download-report-acc

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The new legislation changes aim at enhancing the ease of doing business in the DIFC…

The Ruler of Dubai and Vice President and Prime Minister of the UAE Sheikh Mohammad Bin Rashid has recently enacted changes to the Dubai International Financial Centre (DIFC) legal framework. The new regime sets up-to-date standards for company laws in the DIFC, aligning it with international best practices and improving transparency and accountability. DIFC Law…

business rules
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Doing business in Dubai: local partner or on your own?

In this post I want to go into practical detail and answer a series of questions investors ask themselves when they decide to implement a process of internationalization here in the Emirates. Tackling and solving these first questions is fundamental to the success of the whole venture, because building such a project is a bit…

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Why should you get in touch with a lawyer to start a business?

Starting a business? Get in touch with a layer. Let’s start with a practical situation. After a trip to Dubai, an Italian entrepreneur in the food industry decides to enter the market there, realizing the Emirate offers many opportunities, particularly in light of the upcoming Expo 2020. Now, what can he do to get some…

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Prevention is better than cure

Also in the law fields is better to prevent. Over the years medicine has taught families the importance of prevention, of taking care of ourselves to stay healthy and avoid illness. Unfortunately, the legal profession has not followed the same example and, even today, it’s common to hear the same opinion of a client I…

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Why a written contract is important (second part)

In the last post I dealt with this subject – the importance of the written contract – which could seem banal, but which, on the contrary, is an issue that ought to be clearly put on the table. And so I’ve decided to go into further detail about this in a second article. If in the…

Written contract
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Why a written contract is important

If you lose a 2 million dollar project because you forgot to finalize a contract, what can you do? Nothing, I’m afraid. If something like this happens, you can’t react afterwards and hope to fix it. That contract is lost forever. I’m not speaking about a hypothetical case, but of a real occurrence. Here in…

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The Breitling case: incorporated joint venture in Dubai

Today I want to discuss joint ventures and, in particular, a real case I dealt with a few months ago. But first I think it’s useful to spend some introductory words on what a joint venture is and what forms it can take. The term Joint Venture defines a form of collaboration among enterprises, with…

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Abu Dhabi Global Market Updates Data Protection Regulations – Legal update N.2

Abu Dhabi Global Market Updates Data Protection Regulations Several amendments to the ADGM data protection Regulations, effective last February 1st, prescribe new obligations and timings to data controllers. Abu Dhabi General Market, the financial free zone in the Emirate of Abu Dhabi with its own judicial and legislative infrastructure based on Common Law, has recently…