Dubai Chambers Hosts Workshops on Company Restructuring Laws and Contract Simplification

Dubai: Dubai Chambers recently organised two legal workshops aimed at raising awareness among businesses about legislative aspects and compliance requirements across economic sectors. The first workshop, focusing on company restructuring laws, provided insights into structuring operations effectively across multiple jurisdictions.

According to Emirates News Agency, the first workshop was held in collaboration with PwC Legal Middle East. Participants explored real-world case studies and learned to design effective corporate structures, ensuring compliance across various legal landscapes. Key topics covered included the UAE’s legal and regulatory framework, the distinction between ‘sale of goods’ and ‘provision of services’ from a legal perspective, key legal considerations for contracting between free zone and mainland companies, and corporate structuring optimisation opportunities and pitfalls from legal, corporate tax, VAT, and customs perspectives.

The second workshop, titled ‘Simplifying Contract Understanding,’ was conducted in partnership with TSGG and KLME Law. Recognising Dubai’s growth as a commercial hub and the increasing necessity to document agreements, this workshop aimed to break down contracts into clear, understandable sections. Through practical examples and case studies, participants gained confidence in navigating and interpreting legal agreements effectively. The session covered crucial elements such as the preamble and its significance, scope of work, key obligations within a contract, term and termination, jurisdiction choice and its impact, as well as dispute resolution mechanisms.

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