Questions & Answers
Questions & Answers
5 available 5 • View allHow to structure LLC company to protect your investment

2
Q: I am in the process of setting up an LLC for tailoring shop. Is there a standard MoA in place or can I make amendments to it?
If tomorrow I have a conflict with my partner and want to change him, what is the recourse and what kind of timelines and cost am I looking at?
What are the things I should get included in the MoA to protect my investment and allow me the flexibility to change a partner with minimum damages?


Oct 23, 2017
2183
Alternative dispute resolution between the owners of a company 
2
Q: I have co-founded a UAQ FZ this year and I am in a dispute with my co-founder.
We had several discussions on discontinuing the partnership after our license expires. I had an uneven share of responsibilities and have voiced this for a while, even to our advisor during mediation sessions.
We built our community, social media, and email database together. I said we should leave with the partners we brought in and go our separate ways once our license expired. All costs for the business have been paid equally.
With few months left of our license, my partner blocked me from my email and access to our database. The domain and email are in his name, and he is holding these as a hostage even though I am 49% owner.
I understand he is 51% owner and manager, but does he has the right to do this and hold the company domain and email under his account?
He is abusing his role as a manager and domain owner, and I wanted to know what my legal rights are here as co-owner.

Nov 1, 2017
1952
Settling a disagreement among founders regarding a partner's role


2
Q: We have a founders' disagreement and need a third-party expert opinion to resolve the issue.
Founder A (Founder & CEO) - Holds 51% equity in the company.
Founder B (Co-Founder & Chief Business Officer) - Holds 39% equity in the company.
The rest of the equity is split with angel investors.
The disagreement is between the founders.
Founder B is responsible for business development and sales. After clearly raising several times that Founder B is not brining revenue, not having proper sales pipeline to estimate our growth factor, justify current and onboarding investors, Founder A wants to change the role of Founder B.
Since we have 4 years vesting, Founder A is asking justification to Founder B's role and wants to bring in a new person by stopping equity vesting for the future for Founder B.
However, Founder B is not willing to agree with this and is asking for both parties' equity dilute; not justifying to Founder A why Founder B is failing in the role.



Aug 18, 2020
390
How to withdraw a partnership of a signatory person from a company?
2
Q: How to withdraw a partnership of a signatory person from a company?
What are the steps taken to remove legally?

Oct 1, 2020
697
Can a proxy agent act as a signatory between the company and free zone without using an Emirates ID?


0
Q: I have a query as to whether a proxy agent can act as a signatory between the company and the free zone without using an Emirates ID or Emirates Pass.



Jun 19, 2024
87
Legal blog
3 available 3 • View allWhat 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
5937
Legal 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
3676
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
755
Laws & Regulations
2 available 2 • 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
29572
Federal Law No. (11) of 1992 Concerning Issuance of the Civil Procedures Code 42
The law promulgates UAE Civil Procedures Code (Civil Procedure Law) which governs civil procedures in the United Arab Emirates, including the prosecution before the courts, litigation and execution.
Feb 24, 1992
75386

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Other answers by
How to liquidate a free zone company after the death of one partner 2
I am a company owner In Shams free zone of 50 per cent share and have a partner visa. My partner was a Russian who went to Russia and died.
When I went to the free zone to cancel my visa and close the company, they have asked me to get his attested death certificate and NOC from his heirs.
The problem I am facing is his family doesn’t want to give the death certificate nor they want to give NOC. Now my resident visa validity is over and I am on fine every day.
Neither the free zone is cooperating nor the partner's family. What is the other way I can cancel my visa and close the company?
Can someone guide me, please?
Apr 19, 2021
724
How the objection of a client be dealt with after being notified for termination by DLD? 2
I have been notified by DLD that I am in breach of an off-plan sales agreement, and the developer wishes to terminate the agreement.
The date on the notice is March 9, 2021, and I received it from the developer on March 11, 2021. The notice says I have 30 days "from the date of being notified" to make the outstanding payment.
On the termination notice from DLD, a list of objections is present. One of the objections states that the developer must hand over the final SPA to me.
In this case, I have not received the final SPA from the developer. I made an objection in writing to the DLD pointing this fact out and sent it via email, and received a confirmation of the same from DLD by return e-mail on April 6, 2021.
30 days from March 9th is April 8th, or from March 11th is April 10th. Does the developer have to respond to my objection before the DLD will allow them to terminate the agreement?
In this case, will the time I have to make the payment be extended by any period?
Apr 19, 2021
1446
Opening a trustee with wife and signing a postnuptial agreement 1
I would like to open a trustee with my wife and sign a postnuptial agreement.
Apr 19, 2021
493
Closing a business while the local service agent is not reachable 2
Hi,
We have a professional services license (2 partners) + 1 local service agent registered with DED, Dubai.
The partners wish to close the business because of unavoidable circumstances. We wish to proceed with all the necessary paperwork for cancellation.
Unfortunately, the local service agent is not available. We have been trying to connect to him multiple times but have not been able to reach him.
The due date for the renewal of the company is coming up and we want to proceed with all the paperwork for cancellation prior to that.
Kindly advise us about the options if the local service agent is unavailable.
Apr 19, 2021
831
Returning to the UAE to run business after being convicted with a crime 6
Hi,
I want some information regarding my uncle. He was arrested in November 2015 and was in prison until 13 June 2016 when he was deported to Pakistan.
The reason for the arrest was that my uncle had his own business in Sharjah and he was involved in a case where his employee accused him of attacking him and other allegations. He was arrested and convicted.
He needs to reenter the country as he has his business in Sharjah but I believe he is blacklisted/banned. How can I find out if he is blacklisted/banned and how can it be removed to allow my uncle to reenter the country and take over his business?
Is there any way of helping to resolve this issue?
I know that if he enters on a visa, he could be arrested at the airport, and don’t want that to happen.
Thank you!
Apr 5, 2021
537
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