Book an appointment with us, or search the directory to find the right lawyer for you directly through the app.
Find out moreWelcome to this edition of Law Update, where we focus on the ever-evolving landscape of financial services regulation across the region. As the financial markets in the region continue to grow and diversify, this issue provides timely insights into the key regulatory developments shaping banking, investment, insolvency, and emerging technologies.
2025 is set to be a game-changer for the MENA region, with legal and regulatory shifts from 2024 continuing to reshape its economic landscape. Saudi Arabia, the UAE, Egypt, Iraq, Qatar, and Bahrain are all implementing groundbreaking reforms in sustainable financing, investment laws, labor regulations, and dispute resolution. As the region positions itself for deeper global integration, businesses must adapt to a rapidly evolving legal environment.
Our Eyes on 2025 publication provides essential insights and practical guidance on the key legal updates shaping the year ahead—equipping you with the knowledge to stay ahead in this dynamic market.
We would like to remind you regarding the following items at Abu Dhabi Global Market (“ADGM”):
What does this mean for my business?
It means you need to make sure at least one of your authorised signatories is a UAE resident.
What does this mean for my business?
It means you need to maintain a UBO register for your ADGM entity, file it with the ADGM Registration authority, and update your current UBO disclosure as needed.
What does this mean for my business?
It means you should verify if your ADGM business is required to register under the UAE VAT Law and if so, carry out the registration.
What does this mean for my business?
It means each year you need to (1) complete the Annual Filings and (2) make the Ad Hoc Filings if the relevant triggering circumstances occurred.
Our team of experts would be delighted to help you regarding your ADGM UBO compliance, VAT registration obligations and filings requirements.
Hassan Al Jarrah
Head of Corporate Structuring – Abu Dhabi
h.aljarrah@tamimi.com
Nasouh Raslan
Associate, Corporate Structuring
n.raslan@tamimi.com
Xavier Solanes
Associate, Tax
x.solanes@tamimi.com
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.