Questions & Answers
Questions & Answers
7 available 7 • View allAuthorisation for equity crowdfunding in DIFC
1
Q: What are the regulations of authorizing an equity crowdfunding platform in the UK? and in Dubai DIFC?

Jul 3, 2017
423
The requirements to set up an equity crowdfunding platform in DIFC
1
Q: I would like to know the answer to the following:
(1) What are the requirements to set up an equity crowdfunding platform in DIFC?
(2) If there are any limitations on international investors and where international investments should be done.

May 31, 2020
567
Is it legal to invest in a crowdfunding outside the UAE?
2
Q: Regarding investment in a UK-based crowdfunding platform from the UAE
I am a UAE (Dubai) resident. Is it legal to invest in a startup that is based in Cayman Island and London through UK based crowdfunding platform (crowdcube.com) from the UAE?
Looking for precious advice.
Thank you!

Mar 9, 2021
659
Launching a crowdfunding campaign to acquire real estate in Dubai
1
Q: Dear sir/madam,
I would like to explore the possibility of launching a crowdfunding campaign on a US-based portal to acquire real estate in Dubai (hotel room units).
I would like to obtain some legal advice around the most efficient way to structure the investment (SPV and jurisdiction).
Thanks!

Dec 14, 2021
343
Can people go door-to-door to ask for donations or sponsorships?

2
Q: Dear Sir/Madam,
Two people came to our office and asked to speak to the owner about sponsorships for an upcoming event.
I assume they want us to donate or solicit financial support for the event. Is it legal to go door-to-door for this purpose?


Aug 29, 2023
163
Can I collect donations to support for a small musical community if I do not have a company?



1
Q: I have a small musical community and collect donations to support it.
Should I register this as a business or charity or is there another option I haven't considered?
Don't want to end up on the wrong side of the law.




Apr 3, 2024
80
Can a seriously ill foreigner in the UAE collect funds for a transplant outside the UAE?


1
Q: Dear Sir/Madam,
Can a seriously ill foreigner living in the UAE and in severe financial difficulty collect funds for a transplant outside the UAE, and deposit them into a foreign bank account?



Jun 4, 2024
81
Legal blog
1 available 1 • View allProcedures 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
245
Laws & Regulations
1 available 1 • View allFederal Law No. (18) of 1993 Issuing the Commercial Transactions Law 19
This Law applies to merchants, as well as to all acts of commerce carried out in the UAE by any person even though he be not a trader. Commercial matters regarding which specific Federal laws are issued shall be subject to the provisions of such laws, and to the provisions hereof which do not contradict with said laws.
Sep 7, 1993
33060

Other answers by
What to do in case of issuing cheques to a friend for rent and is not paying the amount? 1
Hi Ms. Jennifer,
My friend in Dubai opened her dance studio in Karama & requested me to give her 4 cheques in my name as they had some issues opening an account.
She assured me that every alternative month before the due date of the cheque she would deposit the said amount in my account. The 1st cheque was on 10 Nov 2022, for which she put the amount in my account.
On 10 Jan 2023 was the 2nd cheque & this time she did not put the money in my account, I borrowed money from my known sources to avoid the cheque bounce case.
It has been 13 days now & she has still not deposited my money in the account. How can I get out of this situation?
I want to take back my 2 pending cheques from the landlord as the class does not belong to me, I just helped on humanitarian grounds & this is what I got in return.
I have been messaging her pleading with her to deposit the money in my account but she has been giving me excuses.
Please guide & help me.
Jan 23, 2023
522
Starting a new business after closing the old one 1
Dear sir/madam,
I am planning to start a new business in the UAE. I left my old office and planning to go for the registration of a new license.
Is there any legal issue to start a business? And can I approach my existing clients for the new business?
Apr 18, 2022
294
Refusing to return the remaining rental cheques despite providing a proper notice 1
Dear sir/madam,
Can a landlord refuse to return the remaining rental cheques if the tenancy agreement has been terminated earlier with proper notice in place?
I am vacating a quarter earlier, but the landlord refuses to return the 4th quarter cheque until I vacate the premises and he makes post-inspection despite having a separate security deposit amount in place.
Feb 14, 2022
933
Is it possible to settle credit card debts after losing job and leaving the UAE? 1
Hi,
I was laid off in June 2020 during COVID19 and had credit cards in several banks. I had to leave the country but was still paying the banks up until September 2021.
So I was getting calls from the bank, and the last one was maybe in December 2021. A new law came into effect this January, so the cheque bounce was decriminalized but the civil case is still there and a new option of some kind of execution is also there now.
I don't know if I got any cheque bounce, do I get a notification on my email or SMS on my mobile? (My mobile is still active and I am outside of Dubai since then).
Also, want to ask- under the new rule does the execution smth can lead to imprisonment and/or a travel ban? And if yes then for how long?
Will I be able to come to Dubai and find a job if the execution case is there?
Thank you
Feb 7, 2022
525
Vacating an apartment by the landlord upon tenant's refusal of the new contract 3
Hi,
I have a query regarding a contract renewal. I have given notice by the notary public to my tenant to vacate my apartment.
He is not agreeing on terms and conditions and is asking to have the same terms and conditions as the previous year's contract, for which I said that I will not sign the contract which contains renewal terms and conditions.
(I told him 90 days before the current contract expiry date that I am not willing to renew and I will give the notice to vacate).
So if I do not sign the contract and it gets renewed automatically, can my tenant challenge the notice by a notary public at the time of vacating the apartment?
Thank you!
Jan 24, 2022
558
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