July 21, 2021
Blogs - MSZ Consultancy
How are disputes handled between companies in SAIF?
The role of SAIF is not to provide judicial authority. Complaints can be filed through the SAF, but companies in SAIF are increasingly leaning toward out-of-court arbitration for most disputes, mainly due to it being an optimal method for parties to resolve issues...What are the rights and responsibilities of employers and employees in SAIF?
The rights and responsibilities of both employers and employees can be found under the UAE Federal Law No. 8/1980. This law applies and covers the rights of both parties.What type of company amendments can be found in SAIF?
Amendments for any company located in SAIF can be completed only by the shareholders or power of attorney (POA) holders. Some amendments are: -Adding/Removing Director -Managerial Change -Financial year changes – Shares...What is required for company liquidation?
Company liquidation will require the submission of these documents: Clearance from customs Visa status report from SAIF immigration Board Resolution for liquidation Clearance from facilities management department
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