Simest, Italy’s leading institution supporting the international expansion of Italian companies, facilitated the transaction as part of a broader strategy to enhance Italiacamp’s presence in the UAE, a critical market for fostering innovation and cross-border collaborations. Paoletti Law Group provided comprehensive legal counsel throughout the transaction, including the structuring, negotiation, and execution of the deal. The firm’s team, led by Thomas Paoletti, Managing Partner, and Francesca Romana Valeri, Head of Legal for the Middle East, worked closely with local authorities and regulatory bodies to ensure that the transaction complied with both UAE and Italian legal and regulatory requirements, particularly with respect to the novel in-kind capital contribution. Steering the legal intricacies of the UAE’s regulations governing in-kind contributions required detailed coordination with the Dubai Authorities to secure the necessary approvals.
Paoletti Law Group’s expertise in cross-border corporate law was instrumental in ensuring the transaction was completed efficiently and in full compliance with all relevant legal standards. Thomas Paoletti remarked: “The capital increase, structured through both cash and in-kind contributions, posed unique legal challenges. We are pleased to have devised a strategy that adhered to UAE laws while facilitating the long-term strategic goals of Simest and Italiacamp.”
This transaction reinforces Paoletti Law Group’s reputation and expertise in UAE and Italy for delivering innovative legal solutions in complex international transactions, especially in the context of cross-border corporate operations in the Middle East.
For more information, please contact:
Paoletti Law Group
Tel: +971 4 320 3434
Email: [email protected]