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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Court Ruling on Inventory Shortage
An Abu Dhabi court has mandated a former warehouse supervisor to repay Dh70,951 to his previous employer. The decision follows an audit that uncovered missing goods from the company's inventory.
## Employee's Acknowledgment
The supervisor, who served the company for over 11 years, admitted partial responsibility for the inventory deficit. He signed a declaration accepting liability for Dh26,348 of the shortage.
## Legal Proceedings
The company initiated legal action after the employee left the country without settling the debt. The court found no evidence of repayment and ruled that the employee must pay the total amount, which includes an earlier debt of Dh44,429.
## Interest Rate Decision
While the company sought a 12% interest rate on the owed amount, the court set it at 4% annually, effective from the case filing date until full payment is made.
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