Over its 50-year history, Afridi & Angell brought an innovative approach to the legal industry by delivering services grounded in a passion for law, entrepreneurial vision, legal ingenuity and a culture of excellence. The firm quickly developed a reputation for dynamic client service, business acumen and legal expertise.
More About UsAfridi & Angell is a leading, full-service business law firm in the United Arab Emirates (the 'UAE'). The firm, which was one of the first in the UAE market, founded in 1975 and will celebrate its 50th anniversary in 2025.
The UAE has introduced a new Electronic Invoicing (e-Invoicing) system under Ministerial Decision No. 243 of 2025, as amended, that will gradually require businesses to issue, receive and exchange invoices electronically through an Accredited Service Provider (ASP). An e-invoice is a structured electronic record that can be processed automatically and exchanged between businesses, with…
The United Arab Emirates (UAE) has always provided an attractive environment from which to provide Islamic finance services and products into the Gulf Cooperation Council (GCC) and beyond. In addition to being an established and vibrant global financial centre and having its geographical location in the centre of the Asian and Western financial markets, the…
Introduction In the present economic climate, terminating off-plan real estate sale agreements in Dubai is a prominent issue. The procedure and remedies differ significantly depending on whether termination is sought by a developer following a purchaser’s default, or by a purchaser following a developer’s default, including delay in completion. Governing Legislation: ➢…
This Practice Note discusses the process of financing commercial real estate in the UAE. It provides guidance for borrowers and lenders on common forms of commercial real estate ownership and financing, the priority and perfection of security interests in real property, and the fundamental steps involved in financing commercial real estate, including loan due diligence,…
Afridi & Angell recently acted successfully for a client in proceedings arising from a banking fraud, resulting in a significant and relatively rare decision of the Dubai Court of Cassation requiring the bank to compensate the customer for the loss suffered. The decision is particularly significant at a time when banking fraud is becoming increasingly…
As the UAE Corporate Tax framework continues to evolve, the UAE Federal Tax Authority (FTA) has recently issued another significant decision, Decision 12 of 2026 (Decision 12), that may have far-reaching implications for businesses forming part of Multinational Enterprise (MNE) Groups. As part of the UAE’s implementation of the OECD’s Global Anti-Base Erosion (GloBE)…