Questions & Answers
Questions & Answers
8 available 8 • View allRemoving a partner from a company in a Freezone and cancellation of his visa
4
Q: I have a company in Ajman Freezone. We are 2 investors (myself and a business partner).
I wish to remove myself as an investor and cancel my visa. The trade license expired recently and there is a small outstanding amount to be cleared as well.
How can I proceed with the cancellation of my visa?

Mar 22, 2021
1476
Can the partner of an LLC remove the UAE national partner with the law change?
1
Q: I have a general trading company in Dubai that was formed this year. I own 49% and a local sponsor owns 51% as per the UAE laws.
However, is it possible to own 100% of the company instead of not having to require a sponsor due to newly reformed laws?

Jun 21, 2021
786
How to remove partners who are out of the UAE for more than 3 years?

1
Q: Dear sir/madam,
Hope you are doing well!
We need to remove our two partners in MOA and trade license (DED) because they are out of the UAE for more than 3 years.
We can't contact them by email or call. What is the solution?
I am waiting for your legal advice.


Dec 7, 2021
1053
How to remove a partner's name from the trade license in Dubai?
4
Q: Dear Madam,
How to remove a partner's name from the trade license in Dubai? Can you explain the procedures?
We are 4 equal partners. I hold the POA. Is it possible for me to remove the partners' names from the license?
Who all are required during the process, please explain. Thanks in advance. Regards, Shabbirali Kamal

Jun 28, 2022
1161
How to remove my partner from the LLC trade license if he is out of the country for 14 years?

2
Q: My partner in the LLC trade license is out of the country for about 14 years and is unreachable.
Is there any way through which we can remove him from the trade license?


Feb 27, 2023
1232
Can I cancel my visa and leave the country while my partner is unreachable?


6
Q: Good evening,
I am a partner in a civil company. My partnership share is 2%, and my other partner holds 98%. Now, I want to cancel my visa and return to my home country.
However, my partner is currently unavailable in Dubai; he is out of the country, and I cannot reach him by phone. When I check the company status on DED, it shows "under admin cancellation."
What does this mean? Can I cancel my visa and leave the country, or is there a specific procedure to follow since my other partner is unavailable, and I hold a 2% share? My visa will expire in February 2024.
I want to avoid any legal consequences. Can I cancel my visa and exit the country?
Please advise!



Dec 7, 2023
689
Can a partner be removed by a majority vote of the remaining 75% shareholders?




4
Q: Dear Sir/Madam,
We are four shareholders (25% each) in a commercial brokerage license issued by DED, Dubai.
Can the fourth partner be removed by a majority of 75% of shareholders?





+1
May 15, 2024
135
How can I exit a mainland civil company when my partner is unresponsive?




1
Q: Dear Questioner,
I am a 50% shareholder of a mainland civil company. My partner is unresponsive, and I wish to close down the company or leave it.
What should I do?





+2
Oct 22, 2024
98
Legal blog
2 available 2 • View allAn Overview of the Legal Framework for Entrepreneurs in the UAE 4
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.
Mar 14, 2017
6329
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
675
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
29540

Premium
Other answers by
177 177 answers •
View allHow to liquidate a free zone company after the death of one partner 0
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
700
How the objection of a client be dealt with after being notified for termination by DLD? 0
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
1413
Opening a trustee with wife and signing a postnuptial agreement 0
I would like to open a trustee with my wife and sign a postnuptial agreement.
Apr 19, 2021
459
Closing a business while the local service agent is not reachable 0
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
809
Returning to the UAE to run business after being convicted with a crime 0
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
508
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