Questions & Answers
Questions & Answers
8 available 8 • View allRequirement of having a local partner
2
Q: If the local partner/sponsor is not willing to remove himself from the company (LLC) and other partners what to change to another sponsor.
What are the solutions could be?

Jul 24, 2017
779
Changing of local sponsor for a new LLC company
16
Q: Hi, I have recently started setting up a business (LLC) in Dubai and I have got an MOA already from Dubai Court signed by my local sponsor and myself. At this time of writing, I have waited a month already for my office "legal" Ejari which the PRO said he would arrange for some amount of money but not having a physical office in fact.
I am really confused now why it isn't done yet until now, which as far as I know should not take that long. In fact, I have met the local sponsor without the knowledge of his PRO, gave him AED 2,000 as per his demand and promised he could expedite the process and would do it by himself. Now, the local sponsor is no longer picking my calls.
Question: can I amend my application with another sponsor? I have paid him AED 5,500 as sponsor's fee for 1 year, can I still take that money back?

Mar 10, 2017
15967
Changing the local partner in a limited liability company
1
Q: Hello,
I am looking for the sponsor change of LLC company, may I know what are the procedures?
The license will expire on 31st June.

Mar 29, 2018
1496
Renewing LLC license and changing the old sponsor
0
Q: Hi,
I have LLC company not renewed for two years. Six months back, I tried to renew and made a new MOA to change the sponsor by paying AED 10000 to old sponsor.
Later I could not renew with DED as I did not have money. Now, I want to change the MOA with a new sponsor. This time, the same old company sponsor is demanding money.
Please suggest as I am struggling for money and issues with the old sponsor.

May 14, 2018
1009
Transferring shares to a partner while being outside the UAE

2
Q: I am a partner in an LLC company in the UAE. I am in India now and do not wish to continue association with the company there.
I have told my partner to take over the company and remove my name from the license, but my partner is insisting that I visit the UAE to transfer the business to his name.
Kindly advise!


Jan 24, 2020
769
Right of a partner to withdraw from partnership without fulfilling obligations

2
Q: Hi,
We have created a business under LLC with a local partner.
It's been two months into preparations and approximately one month ago, the partner backed out of the agreement and requested her money back of investment.
Since the date of this request, she has gone on to ignore us and prior to this request it led to every action of ours has been ignored.
She accepted the terms of backing out and her payment via a post-dated cheque yet the partner has continued to ignore us yet again.
Now my wife and children's visa and health insurance rely on this and the current visa is due to run out. How do I confront this?


Nov 21, 2020
1061
Removing 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
1528
Can the business owner replace his local partner with his new landlord?
0
Q: Hi,
I'm an auto garage owner in Al Quoz 4 and planning to relocate my garage business to Al Quoz 1.
I have a local sponsor currently but planning to cancel him and make the new landlord my sponsor.
Is it risky to make your landlord your sponsor & what are the things I have to ensure before taking this decision?

Sep 23, 2021
232
Legal blog
3 available 3 • View allLocal Partner Share contribution in the UAE: What You Need to Know 65
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.
Jan 26, 2020
17734
100% Foreign Ownership of Companies in the UAE 12
The UAE government has announced important changes to the federal Commercial Companies Law, the most significant is related to the foreign ownership of mainland companies. This will grant foreign investors the full ownership of share capital in companies carrying out certain activities specified to that effect by the competent authorities. This means that foreign investors’ shares will not be limited anymore to a maximum of 49% like before, but can be up to 100% instead.
Jun 13, 2021
3141
Recent Amendments of the Laws in the UAE 4
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.
Feb 3, 2021
3109
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
29581

Other answers by
Disputing tenant's refusal to accept old landlord's rent increase notice 3
Hi,
We recently bought a villa in Dubai. We are looking for an advocate for legal advice.
Even though the old owner gave the tenant a 90-day notice about the new rent, the tenant is not agreeing to the notice because it didn't come from us.
Since the renewal is in October and we bought the property in September, we don't have 90 days to notify the tenant of the new rent.
The tenant agreed to the new rent in an email with the old owner 90 days ago. Can we dispute this?
Sep 25, 2023
196
We had an accident. Can I claim the treatment costs paid to hospital from the insurance? 1
My family and I had an accident. The incident occurred the very next day of their arrival in the UAE on a residence entry permit and their visa//health insurance was still in process.
With gods grace, everyone was discharged from the hospital on the 3rd day after many tests and keeping us under observation. We were slapped with a hefty bill as my family was not holding any health insurance.
What are the chances that I could claim the medical expenses through the vehicle insurance, as it covers co-passengers as well?
May 29, 2023
244
My brother's wife got pregnant with another guy. What happens if he files a case against them? 2
My brother's wife got pregnant with another guy. He wants to file a case against them.
What will happen to them if ever?
May 4, 2023
318
What can I do if a company hired me then changed their mind? 0
I am working in a company and their management is the worst. They made an interview in India and called me.
After calling me here, they again made interviews and made me work for 1 month. And now, they're telling me I am not capable of work and they are mentally torturing me.
I have given them 1.5 lack in office in India and here they are not paying me any salary. I am going into depression as I am not getting any solutions.
The only solution coming to my mind is a suicide, I don’t have any other options left. I have taken money in interest and people are daily coming to my house for money.
Please guide me in a proper way on what I can do.
Apr 18, 2023
208
What happens to the company and its operations if one of the partners is deceased? 0
X Real Estate LLC is a newly formed LLC company in the mainland (DED) with 10 partners, 9 of them Indians and one Pakistani.
As per the new provisions, the company is owned 100 % by expatriate residents. The company’s business is buying and selling real estate in the UAE.
Query:
What happens to the company and other partners, when one partner dies with or without a will?
Can the remaining partners continue to operate the bank account or it will be frozen?
Are the operations of the company frozen? Can the remaining partners carry on the business as usual, buy, rent, and sell the properties?
Can the partners pay the share of the deceased partner to his legal heirs and distribute his share among the remaining partners?
Will this affect the other businesses of the remaining 9 partners in any way?
Feb 27, 2023
221
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