LOTTERY LAWS IN THE UNITED ARAB EMIRATES (UAE) Lottery laws in the United Arab Emirates (UAE) are quite strict, as gambling in any form is prohibited by Islamic law, which is the primary source of law in the country. The UAE's Penal Code, Article No. 355, considers participating in any form...

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Private Bonded Warehouses: A Key to Enhancing International Trade Efficiency REGULATION OF AVIATION LAWS IN INDIAOn the onset of globalization, Aviation sector has subsequently been developing with the each approaching year. Been marked by fast-paced change, it holds an important place in a person’s life by providing a smooth connection...

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Private Bonded Warehouses: A Key to Enhancing International Trade Efficiency Private bonded warehouses play a pivotal role in International Trade Facilitation by providing a secure environment for the storage and processing of goods while allowing businesses duty free goods for exports and deferment of customs duty payments until the goods are...

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THE MOMENTOUS INCLUSION OF INDIA IN GBI-EM INDEX The inclusion of India to JPMorgan Chase & Co.'s Government Bond Index- Emerging Markets (GBI-EM) marks a significant milestone on India's journey to secure recognition in the realm of emerging markets. After over a decade of striving for a place in any emerging...

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Insolvency Proceedings in UAE Insolvency Proceedings in UAE In the United Arab Emirates (UAE), Federal Law No. 9 of 2016 on Bankruptcy (the Bankruptcy Law”) governs insolvency procedures for companies domiciled in UAE. Historically, most corporate insolvencies have been resolved through consensual restructuring of a debtor company’s liabilities. However, the new laws...

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Business Formation UAE Here is all you need to know before forming a Company in the UAE The United Arab Emirates (UAE) has emerged as one of the most attractive destinations for business formation and investment in the Middle East. With its strategic location, business-friendly environment, tax incentives, and state-of-the-art infrastructure, the...

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“In a business, what is the most dangerous thing is not to evolve- Jeff Bezos” INTRODUCTION:Establishing a business goes beyond simply boosting sales and income. While growing a business, it is important to have the correct plan, team, and procedures in position in order to achieve new customers, product growth and new services.Even...

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This year’s G20 Summit, hosted by India, holds significant potential to boost India towards its goal of becoming the world's third-largest economy. The summit showcased several Highlighted events aligned with its goal of "Vasudhaiva Kutumbakam" (One Nation, One World), the highlighted moments are: Inclusion of African Union: The summit welcomed the African...

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Legallands - Your Trusted Corporate Law Firms in Delhi In the fast-paced and competitive corporate world, navigating legal intricacies is a necessity for businesses aiming to thrive and expand. Legallands, is a distinguished name in the realm of corporate law in Delhi. With its unwavering commitment to providing top-notch legal solutions...

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