Questions & Answers
Questions & Answers
9 available 9 • View allLimited liability company set up
0
Q: How to establish an LLC company in the Emirate of Dubai?

Oct 11, 2016
1125
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
607
Side agreement with a local partner
1
Q: Good day!
Need legal advice. Dubai-based LLC company with a local sponsor, in accordance with side agreement local partner receives an annual fee. But the company license was frozen for a long period of time and local partner was informed about it.
In this case, has the local partner a right to request to pay him annual fee even the license was frozen and there was no activity.
Thank you in advance!

Oct 11, 2016
2398
Starting business in the UAE
1
Q: How could I start Business in UAE? What is the shortest legal step to register a company?

May 14, 2017
545
The required number of directors in a limited liability company
2
Q: Can the number of directors in an LLC company be 4 members or it should be compulsorily in odd numbers?

Apr 15, 2019
2203
Entering into a side agreement with the local Emirati partner

1
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.


Sep 12, 2019
1336
Choosing the suitable sponsor for a general trading company
0
Q: I'm going to get a license for a general trading company, my question is:
Can the sponsor be an LLC company that already has a local sponsor, or I still need to have a local sponsor?

Jan 29, 2020
423
Is it required to appoint a UAE national as the local service agent?

1
Q: Under the amended UAE commercial companies law permitting 100% foreign ownership, does this also remove the requirement to appoint a UAE national as the local service agent?
If not, what is the role of an agent?
This would be for a mainland industrial license to manufacture in Dubai.
Thank you!


Sep 6, 2021
298
The steps to set up a company in Dubai

1
Q: Good afternoon,
I would like to set up a company in Dubai but I don't know what steps to follow or how to do it.
Can I receive information from an expert lawyer in Dubai?


Apr 26, 2023
136
Legal blog
7 available 7 • 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
3639
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
17672
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
3097
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
739
The UAE Issues Rules for Full Foreign Ownership of Companies 0
In terms of existing companies which include Emirati partner and its activities have been availed for full ownership by Foreign investors Dubai Department of Economic Development stated that those companies will remain as is without change.
Jun 6, 2021
666
Online POA and Other Notary Public Services in the UAE 28
With the introduction of the new procedures for obtaining a power of attorney (POA) remotely in the UAE, after it was mandatory to appear in person in front of the notary public as a global rule to ensure the identity and intention of the person requesting a POA, we put between your hands this brief guide for how you get it done.
Jun 8, 2021
19166
Procedures of Company Formation in the UAE 2
The different Emirates in the UAE have different requirements and procedures for obtaining business licenses. To register your entity, you need to follow steps and obtain approvals from the Department of Economic Development and other relevant authorities.
Oct 2, 2023
222
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
29524

Other answers by
33 33 answers •
View allHow to renew visas for your family if you have a ban 0
Yesterday I went to renew my kids' visas and only to find out that I have a ban.
Can you help me in this matter?
Aug 8, 2017
623
Contractual rights of a former employee 0
I resigned from my position in October 2016. The company is threatening legal action for soliciting employees and starting my own business to compete with them. All false allegations.
I have responded to their lawyers already but I wanted to know if I have a case against them as not all my contractual rights were honoured.
Jul 30, 2017
378
How to check travel ban by passport number 0
Hi,
How can we know if passport number [--------] has a ban?
Thanks!
Jun 2, 2017
52025
Penalty for the extension of a tenancy contract 0
Dear Sir/ Mam,
I am staying in Sharjah. We stayed in the same flat for the last 2 years. Our contract is ended on May 5th. But as we are migrating to another country we requested our landlord to stay here till June end 2 months back. He agreed to the same at that time.
Now he is asking to give 3 months more rent from June as a penalty to settle the things. Our contract already finished now.
Please advice what to do as we are not in a good financial position to give 3-month rent without staying.
May 24, 2017
3340
Negotiating credit card outstandings with the bank 0
Hi, I lost my job a year ago and I have an outstanding credit card of AED 300k. I've missed the last 9 monthly payments (I am negotiating directly with the bank). I am willing to settle the credit card with one lump sum payment that a friend will lend me.
How much discount on the balance of AED 300k can I negotiate to settle the matter? Should I also ask for a clearance/ no liability letter?
May 24, 2017
10064
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