A novation agreement is a deal in which one party’s contractual duties have been transferred or substituted with another party. All the parties included in the agreement must approve of transferring responsibilities to a new one. For this, the parties need to have a legal consultant Dubai from Mai Alfalasi, on the best law firms in Dubai, to ensure 100% abidance to the law and regulations.

Upon the agreement from all the parties, a novation agreement has been created to which all the parties must put their signs, hence authenticating the value of a contract.

In some cases, it is also understood that a novation agreement is a document that is a new agreement for replacing the older one. While following the process for the novation agreement, the original parties from the agreement have to give up on some of the authorities and rights of their agreement to the new one. This is where cutting off on the rights of the previously made agreement has been made for the new one to go in place for the older one.

Hence, in the novation agreement, a third party can replace one of those parties after reading the contract rights. In addition, all the parties in the agreement must put their signature and agree to transfer the agreement of novation to the new party.

Following the initial parts of this agreement, a bank transfer is required for all the duties and rights of the previous parties to a new and third party. This may include mergers, sales reports, business sales processes, acquisitions details and information, and the in-depth details of the novation agreement. During this transfer, some parties will play important roles in elevating the game and bringing the situation to complete control. This includes the counterparty, transferor and also the transferee.

If you own a company with more than 50 employees in the United Arab Emirates, this article is for you!

As per the requirements of the UAE Ministry of Human Resource and Emiratization (MOHRE), all companies with more than 50 employees must hire UAE Nationals as a part of achieving the Emiratization target in the private sector.

According to the law firms in Dubai, this law has been passed under Article 2 (1) of the UAE MINISTERIAL RESOLUTION NO. (279) OF 2022 “Establishments registered with the Ministry employing more than 50 workers, shall increase their current Emiratisation rate from high-skilled jobs by 2 percent annually gradually raising the said rate to 10 percent by 2026”.

                                          DEADLINE: JANUARY 1, 2023

The targeted percentage of Emiratisation in establishments shall increase gradually by 2 percent as of 2023 until achieving the desired rate of 10 percent by 2026.

The new Emiratization requirements take effect on 1 January 2023. Penalties for those companies that are not compliant with the requirements will be imposed from such date. Accordingly, as from January 2023 non-compliant companies will be fined AED 6,000 per month in respect of each UAE national employee below the minimum requirements.

The prescribed Emiratisation percentage shall be calculated based on the total number of UAE nationals working in the establishment in relation to the total number of skilled workers, provided that at least one citizen shall be employed against every 50 skilled workers or part whereof, for each year of implementation, as follows:

Number of Skilled Workers in Establishments Employing More Than 50 Workers Minimum Employment Rate of UAE Nationals
0 to 50 skilled workers One Citizen
51 to 100 skilled workers Two Citizens
101 to 150 skilled workers Three Citizens
More than 151 skilled workers One citizen for every 50 skilled workers or part whereof

IF YOU ARE FACING HURDLES IN COMPLYING WITH THE LAW AND YOU NEED ASSISTANCE from a legal advisor in Dubai IN RELATION TO THE IMPLEMENTATION OF THIS LAW, PLEASE CONTACT OUR LAW FIRM -MAI ALFALASI ADVOCATES AND LEGAL CONSULTANTS, DUBAI, UAE TO HELP YOU COMPLY WITH THE LAW!

We all know that Dubai is a center of attraction for people all over the world for its lavishing lifestyle, glittering nightlife, and professional business activities. Investors, business owners, and employees in Dubai belong to different nationalities, races, religions, etc. Everyone is making a great fortune for themselves considering coming to Dubai for various reasons. One thing is certain, Dubai is amazing for its booming business and incredible trading opportunities.

This is one of the major reasons why business owners from all over the world are considering Dubai as their base for the incredible amount of trading options. In this light, I want to inform the readers that more than 55,000 new trade or business licenses have been issued in the past year.

One takes insurance for many reasons. And the primary reason for taking insurance is to be aware of the fact that if an unprecedented situation arises, you will be able to get a claim for it. This is why we have taken an insurance package in the first place. Right? But many experiences unfulfilling promises from insurance companies and brokers.

This is where hiring a lawyer for an insurance claim becomes paramount. The need for a legal advocate becomes vital when you cannot reach an agreement with your insurance company, or the insurer seems to be delaying the claim process on purpose. However, there are also other circumstances where you could hire a lawyer, including complex cases where the cause or party at blame is ambiguous or for significant damages where the expense of hiring a lawyer might be justified to maximize your settlement when contractual disputes arise with insurance companies.

Technological advancements have taken over our world by storm. The contemporary technology and advanced concepts of today’s world have enabled millions to grow their connectivity and have different mediums to leverage. These advancements and modern enablement are happening today faster than ever before, and the drawbacks have followed them.

The excessive use of the internet, coupled with modern technology, has enabled people to be involved in several illicit activities, including hacking, cyberbullying, harassment, fraud, etc.

The basic understanding of cyberbullying revolves around targeting or threatening people online, irrespective of their gadgets. This includes targeting, molesting, threatening, scamming, or harassing. From sending text messages to someone, pranking someone’s cell phone, harassing online on social media or gaming platforms, spreading false information about someone, bullying another user, sharing someone’s pictures or videos without their consent, etc.  

The effects and outcomes of cyberbullying include increased anxiety and stress, surging mental issues, becoming a victim of depression and distress, and observing low self-esteem. Moreover, the effects of cyberbullying are also highly fatal, leaving a person with long-lasting and unending emotional trauma and pain. So, it is exponentially important to realize how to curb the harmful effects of cyberbullying.

However, when we talk about the UAE and its policies and regulations that the authorities and government are taking, we understand how concerned the regulatory bodies are in the UAE about curbing the damage caused by cyberbullying. Getting assistance from corporate lawyers in Dubai will help you strengthen your case if you’ve been a victim of cyberbullying and want to have the culprits punished.

Contracts are legal documents that contain and bind the legal terms, conditions, clauses, and agreements related to a certain project or deal. The need to have contacts is not limited to some businesses. Still, nearly all business natures have contracts that must be made in the first place before conducting any business activity.

Many types of contracts may get into disputes and further escalate the matter. These include but are not limited to business contracts, unit price contracts, bilateral contracts, unilateral contracts, implied contracts, employment contracts, property contracts, material contracts, cost-plus contracts, adhesion contracts, reimbursement contracts, and unconscionable contracts.

The need to agree to a contract arises for various business natures. From various industries and business niches, including engineering, sourcing materials, construction, etc. The fundamental need to create a contract is to avoid disagreements and misunderstandings. However, sometimes avoiding contractual disputes nearly becomes inevitable because the two parties do not agree to either side’s statement, adding more to the tension and disputes.

The people agreeing on a contract are generally aware of the clauses that are included in the agreement. And in the beginning, both parties accept them without any difficulty. But as time passes, the need to establish the same relations similar to the ones in the beginning may become an insurmountable peril. However, a general opinion is bound to prevail that if the contracts are made clear in the first place, none of these disagreements will occur at any time.

When contracts may go into dispute, there are ways with which one can timely take measures by seeking legal assistance from top-notch legal advisors and consultants at law firms in Dubai. Taking advancing measures and timely precautions will help you take steps which will help in preventing the conflict from escalating.

When we see UAE and singularly visit Dubai, the dream of living in a big city, exploring better job opportunities, and finding a better one to make handsome earnings for yourself is what inspires most individuals in today’s world. However, not everything is as colorful as it seems from the outside. There are some hard instances that one needs to know beforehand to remain adequately aware of the rules and regulations. While there are tens of thousands of great employment opportunities, there is a plethora of rules and regulations that aspirants must know so that they don’t get scammed or coerced by their employers.

And when we see the fancy job titles, lucrative packages, and perks, there are some deciphered truths that we should know to prevent later difficulties. One thing that remains a top to discuss and ponder is the retaining passport of employees that remains nonlegalized in the UAE. Yet, there are numerous examples and stories where the employees have had no choice but to give up on their passports to their employers.

This is what enfeeble the status and working demeanor of the expatriate workers. The authorities and government of the UAE have clearly explained and have developed and implemented laws that no employer can hold the passport of their employees. However, hundreds of thousands of employees give up their passports and national identities to their employers for the sake of their job, hence making them more vulnerable.

The International Labour Organization’s convention has presented the dissolution of forced labor and condemned forcible work. However, some subjections in the legal system allow employers to take the passport under some conditions. Moreover, the Ministry of Interior has also published circular no. 267 of 2002, which clearly states and prohibits employers from confiscating the passport or any other form of identity. However, if you have been a victim of this, contacting the best legal consultant at MAAF Legal would help you take a bold and robust narrative in legal pursuance that saves your job and right as an expatriate.