Tuesday, August 13, 2019
Questions Concerned International Business Law Research Paper
Questions Concerned International Business Law - Research Paper Example It is to be remembered that Coca is not to be misconstrued with cocoa, which emanates from cacao seeds and is being mainly used in making cocoa butter, cocoa and chocolates. (Index Mundi 2010). Even if you travel to the UK or some other destination through UAE or Dubai, it is advisable not to carry Coca with you. For example, if one is found to be carrying a packet of Khas Khas which is a generally used as a spice in some Indian sweets and curries, then it will be considered as a serious offense in UAE. Khas is also notoriously called as poppy seed, which can be germinated to grow narcotics (afeem etc.). (Index Mundi 2010). Thus, one should aware recent developments in the laws in UAE about Coca, and the exporter should clearly distinguish it from cocoa ( ingredients for Chocolates) and in other Gulf countries also which have been declared that carrying Coca is punishable with even worse with the death penalty or minimum 20 years of imprisonment. If a case has been booked by mistreating Cocoa as Coca, then the exporter has to incur huge legal fees as lawyers are demanding heavy fees for appearing in the court which may be amounting to AED 100,000 to plead for any innocence in Coca offenses. Everyone who is having business dealing with UAE should consider the significance of this issue and should never ever carry even minutest quantities of the following items when traveling or exporting the same to UAE or other Gulf countries. 2. For Ultra Educator Software Limited you have to assess what is the best form of corporate entity that I ideal for them in the United Arab Emirates? is it best if they have a branch or should they have a wholly owned subsidiary.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.