Understanding cultural differences is crucial when negotiating business contracts. While the United States and South America may share some similarities, their approach to contract negotiations can vary significantly. Companies seeking to expand into South America...
Business
A comparative view of business contract negotiations in Dubai and the U.S.
Businesses often engage in international transactions and expand their reach beyond borders. However, negotiating business contracts can differ significantly across different jurisdictions. This article will explore the variations in business contract negotiations...
Differences in U.S. and German business cultures
In today's globalized economy, businesses are crossing borders more frequently than ever before. However, venturing into new markets comes with its fair share of challenges, particularly when it comes to understanding and navigating the intricacies of different...
Contrasting Business Cultures: Dubai vs. United States
Business culture and customs play a significant role in shaping the way companies operate and succeed in different parts of the world. Dubai and the United States represent two vastly different business environments, each with its unique set of customs, values, and...
Investing in Spain and Portugal: Why Americans Are Attracted to These Thriving Markets
In recent years, savvy investors have been eyeing Spain and Portugal with growing interest. The Iberian Peninsula has become an enticing destination for American investors seeking new opportunities abroad. Urban Thier & Federer, an international law firm with...
Establishing a Company in the United Arab Emirates: A Comprehensive Guide for Foreign Investors and Entities
The United Arab Emirates (UAE), and more specifically Dubai, has rapidly transformed into a global business hub with its strategic location, state-of-the-art infrastructure, and business-friendly policies. For foreign individuals or companies looking to establish a...
Important differences in business culture between Dubai and the US
The United Arab Emirates (UAE) has taken steps to open business opportunities within their borders. The government has moved towards lifting restrictions that make it difficult for those in other countries to own and operate businesses within the UAE — and these...
Doing business in Dubai, with the help of an international law firm, Urban Thier & Federer, Attorneys at Law
There are many benefits to relocating your business activities to the UAE, in particular the Emirate of Dubai. With a low corporate taxation rate and no personal income tax, the unparalleled security, excellent infrastructure, political stability and the availability...
UAE Corporate Tax Update
The United Arab Emirates Federal Tax Authority (the “FTA”) will begin implementing Cabinet Decision No. (7) of 2023 amending certain provisions of Cabinet Decision No. (65) of 2020 on fees for services provided by the FTA. The registration window for the registration...
What are some of the potential pitfalls during an overseas business transaction?
International business transactions have become increasingly common in today's globalized economy. However, such transactions come with their own set of risks and challenges. Companies that engage in international business must be aware of these potential pitfalls and...