Questions & Answers
Questions & Answers
7 available 7 • View allLimited liability company set up
0
Q: How to establish an LLC company in the Emirate of Dubai?

Oct 11, 2016
1134
Cost of LLC set up in Dubai
1
Q: What are the costs of establishing a limited liability company in Dubai?

Apr 26, 2016
1025
Company Formation
1
Q: I want to establish a company for event management and preparing medical materials to exhibitions, which would be better for me to establish an llc company or a civil company and what is the difference between the two in terms of partners, capital, liability of shareholders?
Apr 19, 2016
617
LLC company incorporation in Dubai by Syrian nationals
0
Q: Hello,I am a Syrian citizen living in Dubai for more than 13 years with valid resident visa and I would like to open a new LLC company in Dubai along with a local UAE sponsor (49% my share, 51% for the local sponsor). The company will offer and sell IT services/products (commercial license).I have the following questions:1 - Is it true that Syrians are mostly denied by DED due to security restrictions? Do you know any of your Syrian clients who received a license from DED recently? Are there any measures that I could take to improve my chances?2 - In case I had to issue a license under the UAE sponsor so he becomes 100% owner of my company (do I have another choice?) what are the legal steps that I should take to protect my rights? Would a strong power of attorney be sufficient?Thanks.

Oct 30, 2016
1112
Changing of local sponsor for a new LLC company
16
Q: Hi, I have recently started setting up a business (LLC) in Dubai and I have got an MOA already from Dubai Court signed by my local sponsor and myself. At this time of writing, I have waited a month already for my office "legal" Ejari which the PRO said he would arrange for some amount of money but not having a physical office in fact.
I am really confused now why it isn't done yet until now, which as far as I know should not take that long. In fact, I have met the local sponsor without the knowledge of his PRO, gave him AED 2,000 as per his demand and promised he could expedite the process and would do it by himself. Now, the local sponsor is no longer picking my calls.
Question: can I amend my application with another sponsor? I have paid him AED 5,500 as sponsor's fee for 1 year, can I still take that money back?

Mar 10, 2017
15934
Can the UAE national partner in an LLC be a company instead of an individual?

0
Q: Can an LLC company in Dubai mainland make a foreign company wholly owned by a UAE national 51% shareholder in lieu of appointing a 51% Emarati sponsor?


Jun 6, 2021
310
Can a local active partner take over a company against the wishes of a non-local partner?




1
Q: Dear Sir/Madam,
Can a UAE local active partner take over a company against the wishes of the other non-local partner under any circumstances?
Does UAE law support this action?





+5
Apr 29, 2024
161
Legal blog
6 available 6 • View allLegal Aspects of Company Incorporations in the UAE 5
Sometimes this seems very simple to incorporate a company in the UAE, however, investors must seek professional advice before taking this important business decision to avoid any future legal implications.
Nov 1, 2016
3651
Local Partner Share contribution in the UAE: What You Need to Know 65
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.
Jan 26, 2020
17696
Doctrine of Economic Substance in the UAE 3
The introduction of the Doctrine in the UAE brings the UAE in line with other jurisdictions that have recently issued economic substance legislation and affirms the UAE’s commitment to addressing concerns around the shifting of profits derived from certain mobile business activities to “no or nominal tax jurisdictions” without corresponding local economic activities.
Feb 4, 2020
1721
What 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
5902
100% Foreign Ownership of Companies in the UAE 12
The UAE government has announced important changes to the federal Commercial Companies Law, the most significant is related to the foreign ownership of mainland companies. This will grant foreign investors the full ownership of share capital in companies carrying out certain activities specified to that effect by the competent authorities. This means that foreign investors’ shares will not be limited anymore to a maximum of 49% like before, but can be up to 100% instead.
Jun 13, 2021
3115
Amendments to the UAE Company Law 2
An interview-format article covering the topic of the amendments to the company law in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.
May 24, 2021
747
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
7 7 answers •
View allRental Dispute for the non-payment of rent 0
The employee of the real estate agency frauded 6-7 tenants from our building and ran away with the rent money.
Now, the real estate lawyer is suing me for not paying the rent and it’s my fault that I gave the cheques to their employees.
What can I do?
Apr 5, 2018
972
Bounced rental cheque dispute 0
Dear Sir,
We have paid an amount with Rent Dispute Committee (RDC) for a rent case, but supposedly there is the bounced cheque case still filed with police.
Since we have paid based on the court order and paid in court, doesn't the cheque amount drop? Do we pay twice the same amount?
Best regards
May 17, 2017
3564
Consumer protection and the concept of "cooling period" 0
Is there a law regarding a "cooling period" on an item purchased?
We had a problem with a company distributing vacuum cleaners in Sharjah, we have returned the item to them as we felt like being pressured to buy without giving us time to think before buying, and their contract states that I have to pay 4,000 Dirhams as a cancellation if I return the item within 3 days.
Is it legal? Where is the 3 day cooling period?
May 17, 2017
1715
Breach of tenant's privacy 0
(If) I took a picture of my tenant's living room and posted it on a property website to rent the property, as we've agreed with the tenant that he vacates the property at the end of the year. Then he found out about the advertisement on the property website in the remaining 3 months before the end of the contract (we have posted the advertisement with the picture of the living room) and informed me to remove it from the website. I removed it immediately, but he has printed out the advertisement with his living room pictures.Now he is saying that if I made any issues to him as a tenant or deny his demands or do not renew his contract or increase the rent he will file a case in the police for the privacy breach. Please note that this was not intentional and it was a mistake without knowing the laws about these things.Q: How long does a person have the time to file for a privacy breach until it's considered invalid or it's long overdue or something similar? Kindly advice. Thank you.
Dec 29, 2016
725
Limited liability company set up 0
How to establish an LLC company in the Emirate of Dubai?
Oct 11, 2016
1134
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