Questions & Answers
How to safeguard your investment plans in the UAE
Our company is registered in the UAE for the past three years, and now we want to expand our business by taking a loan or investment from a foreign company.
What are the rules and regulations that keep both parties safe?
Please provide us with accurate information to be safe from any future problems.
Dear Sir,
Happy New Year!
We trust you are doing great.
Further to your query, please be informed that when a huge investment is made through banks, you will need to follow rules and regulations of the Anti-Money Laundering Law.
That means, if a huge amount is transferred without notifying banks, they may block the account and investigate the transfer of amount.
For avoiding this, you need to notify the banks before receiving such amount. At this stage, the banks' authorities may require the investment/loan agreement copy for making such transfer.
Furthermore, please be informed that we can assist you in drafting the Investment/ loan agreement, which will be the base of your transaction.
Consequently, you and the foreign investor will be protected entirely in regards to the investment to be made in UAE.
Should you have any further query or clarification or wish to fix a schedule for general consultation, please feel free to contact us at 045547635 or you can mail us at info@awsuwaidi-advocates.com.
Regards,
Aws M. Younis
