How has Education in the Middle East and North Africa evolved to keep up with progressive digital and regulatory requirements of the times?
From the rise of AI in the classroom to the strong international interest in the regions education market the sector continues to undergo major transformation.
Our latest Law Update
, titled “Brushstrokes of Law: Painting the Future”, takes a deep dive into these latest developments. In this issue, we explore:
We also feature a special section on our collaboration with the Mawaheb Art Studio, a unique creative space for People of Determination, and the artwork you see through the pages of this edition is a reflection of the students creativity.
The Law Update is a must-read for anyone who is passionate about education, whether you’re a lawyer, educator, policymaker, or investor.Read the full edition
As of September 15, 2023, Cabinet Resolution No. (38) of 2022, concerning the Attestation of Commercial Invoices, will come into force. This regulation mandates that all commercial invoices for imported goods valued at 10,000 AED or more in the UAE must undergo attestation by the Ministry of Foreign Affairs and International Cooperation in the UAE (“MoFAIC“) and must be linked to the relevant Import Customs Declaration.
Failure to comply with these requirements will result in the imposition of an administrative fine of 500 AED for each invoice that has not been attested and linked. Importers have a limited window of 14 days to complete both the attestation and linking processes for all invoices, including those related to imports between 1 February and the present date.
We urge all clients to ensure compliance with these new regulations by verifying and accurately linking all required invoices through the MoFAIC website and EDAS portal.
Non-compliance with these requirements may lead to financial penalties and potential disruptions to your import operations.
If you require further information about the new regulation or need assistance with the attestation and linking processes, our dedicated team is available to assist you. Please feel free to reach out to our Customs and International Trade team and we will be pleased to guide you through the necessary steps.
Our team is committed to ensuring that your business operations remain compliant with the latest regulatory changes. We appreciate your attention to this critical matter and look forward to helping you smoothly transition to the new requirements.