TME LEGAL | DUBAI – RECHT KLAR

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NEWS

Business Law

9 Juli 2025

Expiration of Suspension under Commercial Agency Law – Termination Rights for UAE Commercial Agencies Restored

With the expiry of the two-year suspension period on 15 June 2025, the UAE has reverted to the standard legal regime governing the termination of registered commercial agency agreements. UAE courts will assess whether terminations were made in compliance with the required form and notice periods and whether there was a legitimate reason for termination. Unlawful terminations may give rise to claims for damages, which can include lost commissions, consequential damages, or damage to business reputation.

Derya Bandak

Tax

2 Juli 2025

Corporate Income Tax Filing Obligation

CIT Filing Deadline for Financial Years Ending on 31 December 2024 - 30 September 2025 - Many companies must submit their first CIT declaration by 30.09.2025 - What else needs to be considered in addition to the declaration

Omar Sami

Legal, Regulation

25 Juni 2025

New Insurance Brokers Regulation in the UAE: Enhancing Professionalism and Consumer Protection

As of 15 February 2025, the UAE has implemented a major regulatory overhaul of the insurance brokerage sector. The new Insurance Brokers Regulation 2024, issued by the Central Bank, prohibits brokers from handling premiums, introduces strict commission and capital rules, and significantly tightens compliance requirements. This marks a fundamental shift for both insurers and intermediaries, requiring immediate operational and legal adjustments.

Sebastian Luermann

Tax, UAE

18 Juni 2025

UAE: Transfer Pricing and Applying Arm’s Length Principle on Transactions Between Related Parties

3 Steps for Applying Arm´s Length Principle: 1. Identification and Comparability Analysis, 2. Selection of Method and 3. Determining the Arm´s Length Price

Omar Sami

Legal

11 Juni 2025

UAE Media Law Update 2025: Key Changes Effective May 2025 and Their Impact on Businesses

The May 2025 amendments to Federal Decree-Law No. 55/2023, complemented by Cabinet Resolution No. (20) of 2025 on Media Activities Regulation, mark a pivotal development in UAE media law. Influencers and digital content creators are now subject to stringent regulatory standards comparable to traditional media companies.

Sebastian Luermann

Tax

4 Juni 2025

Germany/UAE: UAE Foundations – No Look-Through Taxation for Beneficiaries in Germany?

Ruling on Attribution Taxation: Implications for Foundations in non-EU Countries Adjusting the Application in Light of Free Movement of Capital

Omar Sami

Financial Regulation

25 Mai 2025

Saudi Arabia Introduces New UBO Rules

Starting from 3 April 2025, Saudi Arabia will enforce new Ultimate Beneficial Ownership (UBO) regulations aimed at increasing corporate transparency and aligning with international anti-money laundering standards. These reforms represent a significant milestone in the Kingdom’s commitment to combat financial crime and foster investor confidence. Companies operating in Saudi Arabia must prepare now to comply with these comprehensive new requirements.

Omar Sami

Tax

21 Mai 2025

UAE: VAT Amendments Redefine Composite Supply Criteria

Looking closer at the VAT regulations effective since November 2024 that alter the treatment of multi-component supplies, impacting various industries

Omar Sami

Cybersecurity, Legal

14 Mai 2025

Appointment of Data Protection Officers in Saudi Arabia: New SDAIA Requirements

Through the newly introduced rules on the appointment of Data Protection Officers, SDAIA has concretized one of the central governance mechanisms of the PDPL. The requirements closely follow international standards, especially those of the EU GDPR, while adapting them to the specific needs of the Saudi regulatory environment.

Sebastian Luermann

Tax

7 Mai 2025

FTA waives Penalties for late Corporate Tax Registration

The FTA, in collaboration with the Ministry of Finance, has initiated a temporary waiver of these penalties. This initiative encourages voluntary compliance and provides a grace period for entities to fulfill their tax obligations without incurring fines.

Omar Sami

Employment Law, Legal

30 Apr. 2025

Termination of Fixed-Term Employment Contracts under the New Saudi Labor Law

Recent changes in Saudi labor law now allow employees to resign from fixed-term employment contracts early. These reforms provide more flexibility and increase mobility in the labor market, contributing to a more dynamic working environment in Saudi Arabia.

Sebastian Luermann

Tax

23 Apr. 2025

Tax Audits in the UAE

Tax audits in the UAE often trigger apprehension among businesses due to the country’s rigorous tax compliance regime. This article outlines the legal foundation of tax audits under UAE law, delineates the rights of both the Federal Tax Authority (FTA) and taxpayers, and provides strategic guidance for businesses to prepare effectively. Emphasizing readiness, procedural awareness, and system reliability, the article aims to foster a proactive compliance mindset among UAE-based enterprises.

Omar Sami