Q: For LLC formation in the UAE, will side agreements made with the local individual partner be valid in the court of law?

Q: I'm a Pakistani national and my wife is a Bahraini citizen. We have one company in the UAE and my wife is the owner of that company. We didn't take any sponsorship. My question is if we will take any partner in our company, shall we need local Emirati sponsor or not?

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

Q: Dear Sir/Madam, Can we incorporate a mainland company in Dubai under English laws?

Over the years the UAE has become a centre of trade and commerce for the Middle East, thanks to its strategic location, excellent connectivity and extensive services to assist with all aspects of business. According to the World Bank's 2016 report, the UAE has ranked 31st in the global index of ease of doing business. This encourages more entrepreneurs to set up different kinds of business entities in the country.

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.

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.

An interview-format article covering the topic of the new amendments to the laws in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.

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.