Questions & Answers
Questions & Answers
6 available 6 • View allCan a foreign holding company own onshore business in Dubai?

3
Q: I am an expat who purchased a sole proprietorship training company in Dubai onshore. I would like it to be owned by a Holding company outside of the UAE.
Can the Holding own such a company or do I have to change its legal form to something else? And, would that form force me to have lower % ownership?
Thank you.


Apr 2, 2017
994
Obtaining a business license for tax consultancy in the UAE
1
Q: We are a branch of Chartered Accountant firm from India and we provide tax services to NRIs in the UAE.
We are currently holding Businessmen Services License, but legally, the activities we are doing are not under the purview of this license.
Hence, we would need advice on which license we should hold in order to provide tax consultancy in the UAE.

Dec 7, 2017
1715
Requirements and fees for opening a branch of foreign company
0
Q: Dear Sir
We are a Saudi-based company registered in the UAE as a branch of GCC.
We are in process of signing an agreement with a software developing company based in India as a sole distributor for their products in GCC.
Can you let us do procedure and legalities?
Secondly, do we need to register for VAT since some sales are for the Saudi market?
Do we need to charge VAT for sales done in Saudi through us?
Looking forward to your reply
Regards,
Imtiyaz

Jul 16, 2018
947
Procedures and requirements for opening a branch of an offshore in the UAE




2
Q: Can I open a branch of an offshore company in Dubai without a local sponsor?





Feb 26, 2020
704
Is it possible to transfer a company license from one free zone to another?
3
Q: Hi,
I am S. A. and I have a Sharjah free zone license. I want to shift my license into Dubai free zone with the same name.
Kindly advise me if there is an option.
Thanks & Regards,
S. A. K.

Feb 25, 2021
1002
Can I open a free zone company in Dubai and to have subsidiaries in other countries?
2
Q: I am planning on setting up a company in a free zone in Dubai (DUQE or Meydan).
The company will not be conducting any business activities in Dubai but will be mainly formed to fully own an existing consulting and innovation hub company in Tanzania.
The reason we are registering a company here is to make it easy for us to raise investments.
I wanted to know:
1- if any of the laws in the UAE prohibit free zone companies from owning subsidiaries abroad
2- if there is any requirement to register foreign subsidiaries with any authority in the UAE
3- if there is any ban on free zone companies raising money that will be used to fund its subsidiaries and operations abroad
4- if there is any requirement for free zone companies in the zones mentioned above to submit audited financial statements or reports on an annual basis
Thanks in advance

Mar 9, 2023
249
Legal blog
2 available 2 • View allWhat Can I Do If I Have a Dispute With My Joint Shareholder? 5
An interview-format article covering the topic of shareholder disputes in the UAE and pre-emptive measure to be considered. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.
Mar 24, 2020
5878
Procedures of Company Formation in the UAE 2
The different Emirates in the UAE have different requirements and procedures for obtaining business licenses. To register your entity, you need to follow steps and obtain approvals from the Department of Economic Development and other relevant authorities.
Oct 2, 2023
222
Laws & Regulations
1 available 1 • View allFederal Law No. (2) of 2015 On Commercial Companies 15
The provisions of this Law apply to the commercial companies established in the UAE and the foreign companies that have established in the UAE a base to conduct any activity therein or established a branch or representative office. The Law abrogates Federal Law No. (8) of 1984 Concerning Commercial Companies.
Mar 25, 2015
29525

Other answers by
453 453 answers •
View allTerminating an employee after sick leave and claiming compensation 0
Hello,
My employer fired me under Article 44 for not showing up for work for 7 days in a row. But that’s not the case at all. I was sick and the management was aware and they let me go.
I went to another country to get treatment because it’s expensive in Dubai. My employer did not pay me my salary for the month I worked and fired me.
I have official sick leave from another country and there is correspondence where my employer sent me to another country for treatment.
The problem is that the employer says that he will take compensation for the training that was specified in the contract, but I did not undergo training at all; I immediately started work from the first day of work and there was no training.
Does my employer have the right to charge me such a fee and not pay my salary?
Feb 29, 2024
451
How to make the seller hand over the tenant's security deposit to the buyer upon completing a sale? 0
Should the seller in Dubai hand over their tenant's security deposit to the buyer upon completing a sale?
Who is responsible for managing this process?
At the time of the exchange, the broker said he would follow up with the seller and collect the deposit.
He hasn’t, and the seller has not handed over the deposit.
Feb 8, 2024
418
How to deal with in-laws provoking and recording reactions? 0
Dear Sir/Madam,
My husband's family constantly provokes me and then records my every exaggerated reaction.
Now I'm worried that they might use those things against me.
Feb 8, 2024
236
How to cancel the MoU to buy an apartment with the broker if the bank did not approve the loan? 0
Hi,
I have a situation where I signed an MoU and gave my security deposit to the seller's agent. However later, the bank valuation of the property is lower than the selling price.
On my MoU, it has a clause that “the buyer has a right to cancel/negotiate if the bank valuation is not the same as MoU.” I tried to negotiate, however, we didn't agree on the price so I asked to cancel.
Now the agent is threatening me that they will not cancel the MoU and that will deposit my cheque. Later I also came to know that the person I am dealing with is not the same person whose name is mentioned as a broker in the MoU.
The agent I am dealing with is constantly messaging me with threats. I decided not to speak to him and instead, I wrote an email to the broker whose name is mentioned on the MoU but received no response.
I am on a very tight timeline as I need to vacate my apartment in 3 weeks, I found another unit but I don't know if I can pursue this while the initial MoU still not canceled.
Please, I need advice.
Feb 8, 2024
612
Employer asking for visa reimbursement after resignation: do I need to pay? 0
Hello Sir/Madam,
I have already finished my first year with my company and resigned.
My employer is asking me to reimburse the cost of my visa because I did not finish my two-year contract.
Do I need to pay? The cost is 7,000 AED.
Oct 20, 2023
805
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