Questions & Answers
Transferring the shares of the father in a company to his heirs
Hello,
I am a Chinese national who came to Dubai for my father's inheritance case after his passing earlier this year.
My father owned 2 LLC companies with the same local sponsor, one of which he had a 49% share and the other 25%.
I wanted to inherit the shares and exit the companies but was told there's nothing for me and my family to inherit.
One of the companies is more than 20 years old and the sponsor refuses to show me financial statements for these companies.
What can I do, please?
Dear questioner
As a legal heir of your father, you have the full right to inherit the company and the assets owned by your father.
We can help you in this case. Kindly contact us by phone for a detailed discussion or write to us on our email for further assistance.
Salam,
You need to take legal action in court as one of the legal heirs.
For help call or email us.
Hello.
The UAE Civil Code stipulates that the law of the home country of a non-Muslim can be applied to matters of inheritance.
You have to take the necessary steps so the UAE courts should assess the estate and distribute it accordingly.
