Commercial Law and Practice in Uae

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Date Submitted: 10/07/2012 03:30 AM

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Commercial law and practice in UAE

Commercial law refers to a legislation that governs commercial and business transactions. This law controls intellectual property protection, manufacture and sales of goods, corporate contracts and hiring practices. The continued growth of commercial activities in UAE, particularly, Dubai has led to the incorporation and full practice of the commercial law. The main areas of practice assumed by firms in Dubai involve commercial property, projects and construction, corporate, commercial and Islamic finance as well as banking and finance. To strengthen its position as the leading centre for international business and improve national economy performance, UAE has always been on the verge of upgrading its legislation framework. The country has a number of laws linked to trade, economy and investment. UAE is currently working on upgrading its commercial laws in a bid to address investment issues better.

Emirates Intellectual property services provide one of the leading Intellectual Property firms in UAE. It specializes in issues of intellectual property ranging from trademarks, patents, copyrights and designs. However, the main intellectual property issues in UAE are trademarks and patents. The country has two separate, main departments dealing with trademarks and patents respectively. These departments consist of special teams handling anti-counterfeit; market surveys, search analysis, parallel trading, patent drafting and patent violation follow up. The Intellectual property firms in United Arab Emirates concentrate on all areas of protection, commercialization and implementation of intellectual property rights. Therefore, Emirates Patent and Trademarks is a law firm situated in Dubai UAE which offers protection to intellectual property in GCC and globally. Apart from handling all aspects of trademarks and patents, the firm also practices general law particularly commercial and civil law, international trade, corporate law etc...