The developing Coronavirus COVID-19 outbreak is causing unprecedented disruption to the global economy. The ramifications will be wide-ranging and therefore, it is vital to get the right legal advice to minimize the potential impact on your business.
Our Coronavirus Insight Centre is here to provide legal and business insights as the situation unfolds. Please follow our updates as we comment on events as they develop and for more bespoke advice, don’t hesitate to contact our experienced lawyers at any time.
In light of the continuing spread of novel coronavirus worldwide, and with efforts undertaken by the Sultanate of Oman to curb this unprecedented pandemic and try to contain and mitigate its effects, the leadership considered to strengthen the criminal protection and activate new legal rules that serve the public interest and complement the decisions of…
The Federal Tax Authority (FTA) has issued a directive extending the filing date for their VAT Return for the Tax Period ending 31 March 2020, from 28 April 2020 till 28 May 2020. The payment of the VAT due for this Tax Period will also only be payable on 28 May 2020. This extension should…
From asking your bank for a mortgage payment holiday or knowing where you stand when it comes to defaulting on your payments, legal experts in the United Arab Emirates explain what can and can’t be done to relief and aid homeowners during this time. With businesses struggling to operate as usual all over the globe…
In an effort to support Excise Tax Registrants during the difficult circumstances caused by COVID-19, the Federal Tax Authority has decided to extend the tax period for businesses registered for Excise Tax, which commenced on 1/3/2020 for one month on an exceptional basis, to end on 30/4/2020. The tax period shall now respectively cover the…
A power of attorney is a legally binding document which, when properly executed, allows the receiver of the power of attorney (known as the agent) to act on behalf of the grantor in relation to their personal affairs, business decisions or legal representation. A power of attorney can be general in its scope or be…
The Saudi Arabian Ministry of Labor and Social Development approved the reduction of working hours, or any other precautionary measures that limit the effects of the pandemic. This decision is aimed at limiting the application of the Labor Law in relation to employers severing the contractual relationship due to Force Majeure. These measures will be…
Saudi authorities imposed a 24-hour curfew in most Saudi cities, the capital Riyadh as well as in Jeddah, Dammam, Al-Khobar, Tabuk, Dhahran, Al-Hofuf, Ta’if, Al-Qatif. Residents can only leave their homes to get essential needs within their neighborhoods between 6am and 3pm. Only two passengers, including the driver, may be allowed inside vehicles. Travel between…
With the current outlook of the novel coronavirus pandemic still uncertain at best, thousands of companies in the UAE are now exploring their options on how to move forward in the next few months. This uncertainty is also affecting the majority of the country’s workforce as employees try to figure out their legal rights in…
In an effort to assist private businesses (the “Companies”) dealing with the financial effects of COVID-19, the Ministry of Human Resources and Emiratization (the “Ministry”) has published “Ministerial Resolution 279 of 2020 on Employment Stability in the Private Sector during the Period of Application of Precautionary Measures to Curb the Spread of Novel Coronavirus” (“Resolution…
The General Authority for Zakat and Tax (GZAT) in the Kingdom of Saudi Arabia (KSA) has announced a number of measures to assist businesses overcome the difficulties arising from the COVID-19 pandemic. The due dates for filing tax returns that are due for periods ending between 18 March 2020 and 30 June 2020 have been…
