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HOME | SITE MAP | GLANCE | PRIVACY POLICY | DISCLAIMER |  © World Services Group, 2020. If you would like to learn how Lexology can drive your content marketing strategy forward, please email enquiries@lexology.com. The number of sick leave days remain at 60 business days. 7 days’ notice if the period of continuous employment is less than 3 months; and. Learn MoreI Agree. I particularly like the user-friendly format, which I find highly efficient! Al Dahbashi Gray Expands its Construction Team in Dubai, Update – New Data Protection Law, DIFC Law No. 2015 Regulations: Included comprehensive data protection provisions. Monetary overtime is the employee’s daily wage plus 25% of the hourly rate (or 50% of the hourly rate for overtime between 9.00 pm – 4.00 am); Employees in positions where it is reasonably expected within that industry internationally that overtime time compensation is not paid (such as managers and supervisors), are exempted from overtime compensation.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. With a wide-range of webinars coming up this month, register for free and hear from legal experts covering the most poplar topics from around world. Introducing PRO ComplianceThe essential resource for in-house professionals. Crossborder Trade & Investment | Corporate & Business, The Impact of VAT on Your Business in China. The Abu Dhabi Global Market has announced amendments to its Companies Regulations. Afridi & Angell Advises Thomas Cook India Group on AED149 Million Acquisition of 51% of Digiphoto Entertainment Imaging, Afridi & Angell Receives Honourable Mentions at The Oath Middle East Legal Awards 2018.

If a request for a paper copy of such information is required, the provision of such information may also be subject to fees as imposed by the Board.

the employee has been dismissed with cause.
30 days’ notice if the period of continuous employment is more than 3 months. This section now clarifies that a financial institution which is a FinTech Participant will not be excluded from the small companies’ exemption from audit.

2015 Regulations: Prohibited discrimination against an employee on the grounds of sex, marital status, race, nationality, religion and disability.

New Regulations provide clarity on the employment of youth: employers can now hire youths between 15 and 18 years of age; New Regulations also widen the scope of protection offered to youth employees, obligating employers to take all appropriate measures to ensure the conditions of employment are safe and reasonable. The Dubai International Financial Centre (“DIFC”) took a similar step in August of 2019 when it also adopted an updated employment law.


Changes introduced by the New Regulations are not substantial in terms of the number of amendments but it is important that companies in the ADGM review their existing policies, procedures and employment contracts and make any necessary amendments to ensure the provisions in the New Regulations are complied with before 1 January 2020. The contents of the confirmation statement and the timelines for delivery of the confirmation statement remain the same.

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The next generation search tool for finding the right lawyer for you. ", © Copyright 2006 - 2020 Law Business Research. 14 June — ADGM Commercial Regulations 1.

The ADGM Companies Regulations provide a framework for a debtor company and its creditors to agree and implement a scheme of arrangement (a Scheme of Arrangement) which will be binding on the debtor company and all of its creditors.

The New Regulations now require employers to provide, upon the termination of the employee, with a one-way repatriation flight ticket to the employee’s home country unless: the employee obtains an alternative employment or visa sponsorship in the UAE within 30 days; and. the ADGM must adhere to the on-going requirements of the Companies Regulations and all licensed entities must comply with the Commercial Licensing Regulations and other applicable regulations and enabling rules.

Employees are now entitled to overtime compensation in respect of time worked in excess of 832 hours over a period of up to 4 months. The Abu Dhabi Global Market has announced amendments to its Companies Regulations.

The regulations now use the term “confirmation statement” as opposed to “annual return”.

5 of 2020, DIFC Employment Law Update – Presidential Directive on COVID-19. Questions? Afridi & Angell’s corporate department works with many ADGM companies and has extensive experience in advising such companies.

More Crossborder Trade & Investment | Corporate & Business Aricles →. If you need any help in understanding the changes and the potential impact of the recent amendments, please contact us on info@adglegal.com.

The right to request a certificate of incorporation has been amended under the 2020 Regulations such that all certificates of incorporation will now be electronically generated as opposed to signed and authenticated by the Registrar. In this article, we examine the key changes and contrast them to the current employment provisions in operation in the ADGM (“2015 Regulations”).

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By continuing to use the site, you agree to the use of cookies. 2015 Regulations: Prohibits employers employing a youth below 15 years of age.

These rules have been issued alongside the New Regulations and will also come into force on 1 January 2020. You can find out more information on the way we use cookies in our privacy policy.

However, amendments have been implemented to reduce the sick pay to the following (the change matches the minimum requirement under DIFC employment law): half-pay for the next 20 business days; and.

Founded in 2015, it offers a modern business infrastructure and a holistic ecosystem that supports companies, startups, financial institutions and SMEs to operate, innovate and grow seamlessly in the UAE and across the MENA region.

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