Authorized Capital is known to be the upper limit of the capital that a company is allowed to raise via its share’s sale. Authorized share capital may be divided into: Issued Capital is that category of capital that a company grants time to time Paid-up Capital is the amountZobrazit více
SaaS contracts are growing in popularity, as are the cloud services they affect. I recently read that the software-as-a-service (SaaS) market is estimated to be worth around $145.5 billion and growing. Businesses are relying on cloud services more than ever, which means you need to have a goodZobrazit více
In May 2024, the Dubai International Financial Centre (DIFC) published a consultation paper with proposal for amending the Prescribed Company Regulations in the DIFC. After two month long consultation and deliberation process, the amended Prescribed Company Regulations have now come into effect on 15th July 2024. Amendments Qualifying requirementsAnZobrazit více
In the State Gazette, issue 27 of 29.03.2024, the Law on Amendment and Supplement to the Labor Code has been promulgated, which introduces new rules regarding teleworking. The changes are dictated by the sharp development of telecommunication technologies and digitalization, which determine the widespread use of work outside theZobrazit více
King Charles referred to a dynamic change in the law to protect women and girls from sexual violence in his speech earlier this month (July 2024). From 26 October 2024, employers must proactively take “reasonable steps” to prevent the sexual harassment of their staff at work. The new dutyZobrazit více