The issue of the Dubai Law No. 4 of 2022 regulating Virtual Assets in Dubai (VA Law) issued in March 2022 created a lot of buzz and further strengthened Dubai’s position as a global hub for digital assets. The VA Law also established the Dubai Virtual Assets Regulatory Authority (VARA) which was tasked with creating a legal framework for virtual assets sector. In its first administrative order (Administrative Order 1/2022 dated 18 August 2022), VARA has issued regulations relating to the marketing, advertising and promotion of virtual assets (Marketing Regulations)...
Afridi & Angell is a leading full-service business law firm in the United Arab Emirates (U.A.E.). The firm, one of the oldest in the U.A.E., was established in 1975, not long after the formation of the U.A.E. in 1971.
Our history and reputation for quality legal work has made the firm an integral part of the country's legal landscape and one of the premier law firms in the region. The quality and high standards of the firm are set and preserved by the partners who have many years of experience in the U.A.E. Our lawyers are trained in international jurisdictions and bring with them international experience and the world's business languages.
We advise local, regional and international clients on a wide range of transactions and legal issues. Our commitment to practical and solution-based advice is valued and recognised by clients.
Our clients are the core focus of our business strategy. Our holistic approach means we consider client matters as a whole with a view to obtaining the best result for the client and minimising potential future risks.
As one of the most established law firms in the U.A.E., our partners boast an unrivaled range and depth of local, regional and international experience. Their innate understanding of client needs coupled with their 'hands on' approach to client matters has undoubtedly formed the basis for the firm's sustained and growing international reputation.
We pride ourselves on being multi-specialists. This versatility makes our service consistent, effective and cost-efficient.
"Afridi & Angell provides 'consistently high service' and 'a creative and solution-oriented' approach, and caters to a mix of local and international clients."
Legal 500 EMEA 2013
Year this Office was Established: 1975
Lawyers Worldwide: 30
Languages: English, Arabic, Urdu, Hindi, German, French, Sinhalese, Tamil, Gujarati, Farsi.
Areas of Practice
All entities (free zone limited liability companies and branch offices) registered under the jurisdiction of Dubai Development Authority (DDA) are required to file their most recent audited financial statements along with a summary sheet (to be generated through their AXS portal account) on or before 31 October 2022. Entities are required to make these filings through their respective AXS portal accounts...
Afridi & Angell Advises Thomas Cook India Group on AED149 Million Acquisition of 51% of Digiphoto Entertainment Imaging
Afridi & Angell recently advised Thomas Cook India Group (TCI), a leading global integrated travel services player, on a fast paced AED149 million (USD40.6 million) acquisition of 51 per cent stake in Digiphoto Entertainment Imaging (DEI), a UAE headquartered imaging solutions and service provider. Afridi & Angell acted as lead UAE counsel to TCI on the transaction, and advised on pre-transaction structuring and carve-out issues, the transaction documents (including a Share Purchase Agreement, Shareholders’ Agreement and other ancillary documents), anti-trust issues, as well as a restructuring of the DEI Group in the UAE in order to improve TCI’s post-acquisition control of the group...
DUBAI – Monday 14 January 2019 – Afridi & Angell is pleased to announce that Chatura Randeniya and Danielle Lobo have been admitted to the partnership, effective 1 November 2018. Chatura’s practice focuses on dispute resolution. He advises and represents clients in high value arbitrations, the DIFC Court, and works with local advocates on matters before the UAE courts. Chatura obtained an LLB from the University of Colombo, an LLM from Harvard Law School, and qualified as Attorney-at-Law of the Supreme Court of Sri Lanka. Danielle’s practice focuses on corporate and commercial law...