Questions & Answers
Questions & Answers
3 available 3 • 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
1003
Share purchase agreement of a Delaware company
0
Q: Hello,
I'm currently raising funds in Dubai, have a company registered in Delaware and looking for advice and help to do the share purchase agreement or any other type of stock purchase agreement.
Any chance someone can help?
I trust all is well and looking forward to your reply.
Best,
Abdul Kareem

Nov 5, 2017
313
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
962
Legal blog
1 available 1 • View allAn Overview of the Legal Framework for Entrepreneurs in the UAE 4
Over the years the UAE has become a centre of trade and commerce for the Middle East, thanks to its strategic location, excellent connectivity and extensive services to assist with all aspects of business. According to the World Bank's 2016 report, the UAE has ranked 31st in the global index of ease of doing business. This encourages more entrepreneurs to set up different kinds of business entities in the country.
Mar 14, 2017
6331
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
29548

Other answers by
97 97 answers •
View allRecovery of outstanding payments for breach of contractual obligations 0
Good morning Sir.
I have export perishables to Al Aweer market, and this particular gentleman paid for the first few orders but for the last few he didn't pay. He said tomorrow and it has never come.
I have all the documents and I filed a complaint with Dubai police, and I have the complaint numbers as well. Now, my finances are very bad. If you could recover my money from this man, it will be a great help for my family.
I trust Dubai people and this is what happened to me. If you could get your professional fee and get me the balance, then we can reach an agreement.
Oct 17, 2017
741
How can I check the immigration status of my friend who absconded from Dubai? 0
Hi there,
My friend absconded from Dubai in 2008/2009 leaving behind a small amount of credit card debt in Dubai and also left her employment without resigning properly.
If my friend was to fly to Doha, Qatar would this cause a problem? My friend has never been chased by the UAE bank and has never heard from.
Is it possible to check my friend's immigration status?
Oct 31, 2017
819
How do I know whether I am able to enter Dubai for layover flights? 0
Hi,
I left Dubai halfway through my contract because of a family ailment. I didn't give notice, I had a leave and resigned when I got home. It's been 2 years since.
How do I know whether I am able to enter Dubai for layover flights?
Nov 5, 2017
420
Can your bank loan affect your end of service benefits? 0
If you are fired from your job of 10 years and you have a loan, what will happen with UAE law?
Can you lose your end of service benefits?
Aug 10, 2017
12360
Refund of a deposit paid by the underage buyer of real estate property 0
I put a deposit down on two "off-plan" properties. I paid a deposit on both and received a reservation document signed and stamped by the developer.
However, at the time of the deposit, I was under the age of 21 which is the minimum age to purchase property in Dubai. Lastly once the deposit was made I never received an SPA or NOC. Have now been sent a notice by Dubai Land Department on the request of the developers for Property Termination procedure. The request was canceled.
I am now trying to figure out how to get my deposit back as I believe since I was underage and no formal contract was presented or signed, the agreement is void.
Jul 31, 2017
703
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