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Matters handled
Full-time lawyers & consultants
Client satisfaction rate
Average lawyer PQE

Under FIDIC, the employer releases half the retention at taking over and half after the defects period, and the final account closes through the Final Statement, discharge and Final Payment Certificate. Claims left out of the Final Statement are lost, so contractors must list every open claim and exclude live disputes before signing the discharge.

The amended DIFC Prescribed Company Regulations, in force since 24 July 2026, open the vehicle to any owner and limit its licence to holding activity. Non-exempt companies formed before that date must appoint a Corporate Service Provider by 24 January 2027 or face fines and the loss of Prescribed Company status.

The DFSA assigns every DIFC financial services firm to one of eight prudential categories based on the activities on its licence. The 2025 and 2026 amendments lowered base capital for brokers and advisers, introduced activity-based capital and changed insurance requirements, while fintech firms can test products under the Innovation Testing Licence.
Address: Business Bay, Empire Heights, block B, office 1604, 1605
PO Box: 415048
Opening hours:
Mon-Thu: 9am-5pm
Fri: 9am-12pm
Tel.: +971 (4) 876 1744
Email: [email protected]
Address: Sharjah Media City (SHAMS), Al Messaned, Sharjah, UAE
Opening hours:
By appointment only.
Tel.: +971 (4) 876 1744
Email: [email protected]
Address: Electra Street, Al Mazrooei building, 9th floor, office 903
PO Box: 62829
Opening hours:
Mon-Thu: 9am-5pm
Fri: 9am-12pm
Tel.: +971 (4) 876 1744
Email: [email protected]
Address: Miziara Centre, above Sea Sweet, Block C, 4th floor
Opening hours:
Mon-Thu: 9am-5pm
Fri: 9am-12pm
Email: [email protected]