Questions & Answers
Questions & Answers
8 available 8 • View allThe due diligence before buying an existing business in the UAE

10
Q: I'm going to buy an existing business in the UAE (mainland company). Please advice:
1. How can I check whether the company has any existing liabilities in UAE banks?
2. What kind of documents shall I request from the company owner as a confirmation that he paid all his debts to the local agent?
3. Would I request any proof from the local agent?
Thank you!


Aug 16, 2020
1582
How to safeguard your investment plans in the UAE
1
Q: Our company is registered in the UAE for the past three years, and now we want to expand our business by taking a loan or investment from a foreign company.
What are the rules and regulations that keep both parties safe?
Please provide us with accurate information to be safe from any future problems.

Jan 4, 2018
804
Safeguarding your interests while purchasing an existing business


4
Q: Buying a small business in Abu Dhabi. What are the legal requirements? What are the items on a checklist that one should consider before investing? What are the pitfalls of buying an existing business?



Aug 28, 2018
2215
How to make due diligence before entering into a restaurant investment

0
Q: I'm interested in investing in a restaurant business. How can I check to ensure they are a legitimate company and won't just take my money and disappear?


Oct 7, 2019
445
How to avoid possible liabilities before buying an existing business
2
Q: Hello
I am planning to buy an existing sole establishment company in Dubai. How can I inquire if the company has any existing loans?
Also, once I buy the company, will I be liable for the payments of the existing business loans taken by the old owner?
The email was wrong in the previous question.

Apr 21, 2021
372
How to check whether an existing company has any business loans?

1
Q: Hello,
I am planning to buy an existing sole establishment in Dubai. I want to know how can I inquire if the existing company has any business loans?
Also once I buy the company, will I be liable for payments to the existing business loans taken by the old owner?


Apr 28, 2021
748
Legal measures taken by a holding company while purchasing shares in another company




0
Q: We are a holding company and we would like to buy 60% value of the other company, which documents we will be referring to?





Jun 6, 2021
275
أحقية حاضنة الأعمال في التصرُّف في الأموال قبل تأسيس الشركة
1
س: السلام عليكم،
أودعت مبلغ من المال في حساب شركة حاضنة أعمال في الإمارات لغرض الاستثمار في شركة (لم تُؤسَّس بعد ولم تصدر لها رخصة تجارية). استلمت ورقة "سند قبض مبلغ للاستثمار في الشركة التي لم تؤسس ولم يوقع عقد شراكتها".
بعد فترة طلبت الانسحاب للتأخير في تأسيس الشركة المراد الاستثمار فيها. أبلغوني أنهم صرفوا مبالغ من المال الذي أودع لغرض عمل دراسة جدوى وتأجير المكان، علمًا بأن المبلغ صُرف بدون إذن مني ولا يوجد اتفاق مسبق بشأن الصرف قبل توقيع عقد الشراكة.
هل يحق لحاضنة الأعمال التصرُّف في المال لعمل دراسة الجدوى، التي لم تُعرَض عليّ إلا حين قررت الانسحاب، بمجرد إيداعي المبلغ واستلام سند قبض مبلغ الاستثمار؟
علمًا بأن هناك مستثمرين آخرين وضعوا أموالهم أيضًا لغرض الاستثمار في مشروع الشركة ذاتها.

Apr 19, 2022
135
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
29525

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Dear Respected Lawyers,
Subject: Request for Legal Advice Regarding Unlawful Practices by a Debt Collection Agency
I would greatly appreciate your advice and guidance regarding a troubling issue my colleague is facing with a collection agency.
The company has been contacting the employer, urging them to ask my colleague to get in touch with them regarding a supposed liability.
This claim is related to a 15-year-old closed dispute with a bank credit card, and the issue seems to stem from outdated and inaccurate information on the AECB report.
Our main concerns are as follows:
Unauthorized Access: The company is accessing her AECB report without her consent. She has never given permission for them to retrieve or view her personal financial information.
How is it possible for a third-party agency to openly access and track AECB reports, especially for a dispute that was resolved 15 years ago?
Apr 8, 2025
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I was evicted from my apartment to be sold but it was gifted and rented at a higher price. What can I do? 0
I was evicted from my apartment after living there for five years. My landlord informed me a year in advance that the lease would not be renewed because he intended to sell the property.
Prior to this, he attempted to impose a rent increase that was not compliant with RERA regulations, which I refused to accept. He then served me with an official Dubai Court eviction notice, citing the need to take back the property for sale.
Five months after I moved out, I discovered the property was rented out at a much higher price. Upon further investigation, I found that the ownership was transferred as a "Gift" rather than a sale.
This makes it seem like the eviction was only to raise the rent rather than a genuine need to sell.
Do I have a valid case for wrongful eviction against my landlord?
Also, under Dubai law, does transferring ownership as a "Gift" hold the same legal grounds as selling in justifying eviction?
Dec 18, 2024
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Can I file a case for cyberbullying or defamation after my ex-wife's abusive messages? 0
Hello,
My ex-wife has abused me in chat and called me the following: illiterate, beggar, and said that I don’t have [------].
She called me a bad parent and a bad son.
Can I file a cyberbullying, defamation, or abuse case against her? What are my options?
Jan 3, 2025
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I invested money in a business but my partner is removing me out from partnership. Can I pursue legal action? 0
Hi
I'm an Irish citizen and a resident of the United Kingdom. I got investment fraud in Dubai. I invested money into a business with a Pakistani national guy in March 2024 via bank transfer into his business account.
Now he's giving back the money which I invested in business after 9 months. He's preparing a letter from a local lawyer to kick me out of the business. I do not have any other option than to take out at least my money.
But it's unfair to me that he used my money in business and took all the advantage.
Some people say to me that if you claim money or take legal action against him, it will take too much time and I need to travel to Dubai to appear in court because it is a civil matter. But I'm not a resident.
How can I follow the civil case there?
That's why my partner knows that I can not do anything and this case keeps running long time and in the end nothing happens. But I'm thinking that I will submit a complaint through my embassy and I also have a solicitor in the United Kingdom.
Dec 24, 2024
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Seeking justice and compensation for wife's loss due to medical negligence during childbirth 0
Dear Lawyers,
My relative lost his wife during childbirth due to clear medical negligence, as stated in the report from the DHA medical committee.
He had to relocate to India due to the situation and is currently working there.
Please guide us on the steps to take for justice and compensation.
Dec 19, 2024
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