Q: Hello, I am based in Dubai. I am the 49% shareholder and manager of a Dubai-based general trading company. Suddenly, my local sponsor is asking me to resign and insisting me to transfer my shares to his son. I refused to resign and transfer the shares. Can he take any legal action against me?

Q: Hello, My name is P. I'm about to open up a company here in the UAE. However, we under the sponsorship of an Emirati. We agreed that he would give the power of attorney under the court to manage everything including bank account, bank cheques. I need advise on how best we can come with an internal agreement.

Q: Hi, I'm starting a food import company in mainland UAE where my Emirati partner (a close friend) will have 20% and I will have 80%. We're gonna take care of the company creation in DED and trade license application. At which stage are we supposed to draft the ''side agreement'' and sign the power of attorney? Can we create a company where I will have 49% of the shares and register it with DED and then draft the side agreement (80% - 20%) and power of attorney in a second step? Thank you

س: السلام عليكم، اشتريت أرض منحة وقال البائع وقت البيع أنها أرض قديمة ومحذوفة من قائمة المنح، لكن لا يستطيع تعديل الأرض من منحة إلى ملك إلا بعد البناء عليها وقبلت بهذا الشرط وبنيت عليها. عند الانتهاء من البناء لم يستطع البائع التنازل عن الأرض بسبب منع البيع أو التصرُّف في أرض المنحة وأنا أكمله منذ 18 شهرًا ولم أحصل على تنازل ولم أستطع إدخال كهرباء أو الاستفادة من البيت بأي شكل من الأشكال، وسبب التعطيل من البائع. كيف أتصرف؟

For entrepreneurs seeking to set up their business in the mainland jurisdiction of the UAE, this is a useful guide to know your rights and obligations.

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.