Questions & Answers
Questions & Answers
3 available 3 • View allCompany liability toward another company of the same owner
2
Q: Hello,
I own 2 small companies in the UAE. One of them is having some liquidity issues and we are considering all options like financial restructuring, liquidation or bankruptcy.
In the event of the liquidation, if the assets don't cover all the payables, can they go after my other company's assets?

Mar 18, 2019
576
How 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
2141
Drafting agreements and setup documentation for a startup
0
Q: Hi,
I am looking for legal advice pertaining to setting up a startup in the UAE.
Specific elements would be pertaining to formulating customer disclaimers, client contracts, company partnership, setup documentation, etc.
Appreciate your support.
Regards,
Deepak

Nov 19, 2017
765
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
29518

Other answers by
14 14 answers •
View allAre consultants of a UAE company working remotely claim rights other than salary? 0
Hi,
I hope you are well.
I wanted to ask that if we hire employees from another country as consultants and they work remotely from that country for a company based in the UAE, will they be eligible for any perks other than the salary/consultation fee?
Feb 27, 2023
132
How to register many logos of many products for one company? 0
Hi everyone,
I have a free zone license which has four activities such as General Trading - Advertising - Import/Export - Placement services.
My question is, can I have one logo for the main company license and have four different logos for each activity?
May 28, 2021
248
What are the legal requirements and procedures for opening a startup company? 0
What are the things a startup founder must consider in terms of legal?
May 20, 2021
318
تأسيس شركة في دولة وعمل فرع لها في دولة أخرى أم تأسيس شركتين منفصلتين لنفس المالك؟ 0
مساء الخير،
أيهما أفضل من ناحية التكلفة والإجراءات: تأسيس شركة في دولة وعمل فرع لها في دولة أخرى أم عمل شركتين منفصلتين لنفس المالك؟
مع الشكر!
May 5, 2021
368
How can an investor contact people for business opportunities in the UAE 0
Hi,
I would like to know please how can a new company looking for investment legally approach individuals to do so? (i.e. individuals who are not friends or family).
Is it legal to post something on social media for example?
Jun 15, 2022
342

Premium
Other answers by
451 451 answers •
View allAre there any restrictions on a diplomat buying property in the UAE? 0
Hello,
Is there any restriction on a diplomat buying property in the UAE, where he works as a diplomat at his country's consulate?
Feb 20, 2025
67
If someone has a case in the UAE, can they travel to another GCC country? 0
Hi.
One of my friends joined a Telegram group. They said, "We will transfer some amount to your account, and your task is to transfer this amount to another account. Once the task is completed, you will get 30 or 50 AED per task."
He completed 3 to 4 tasks, but he realized it was not good, so he stopped. After one week, when he opened his account, it was blocked, and the bank said, "We are conducting an investigation; after this, we will let you know."
After some days, he had an accident and went to his home country. He then received a call from a landline number, which was from the Abu Dhabi police station.
They said, "We have received a complaint against you; come to our investigation department." However, due to his surgery and treatment, he could not go.
After some time, his bank account was reopened, and he did not receive any further calls. I want to know, if he comes back to the UAE or goes to any other GCC country, will he face any problems?
If someone has a case in the UAE, can they travel to another GCC country?
Please advise!
Feb 17, 2025
132
What can I do if my employer refuses to pay me and I have no contract? 0
Hello,
What legal action can I take in case the employer refuses to pay my salary and I don't have a contract with them?
Feb 18, 2025
116
I want to open an online shop. Do I need a license to open an Etsy shop? 0
I currently live in Sharjah and have a UAE residence visa but I am not a UAE or GCC national. I want to open an online shop (Etsy or Shopify) to sell handmade items, such as crocheted goods, bookmarks, greeting cards, etc.
Do I need a license to open an Etsy shop?
If so, which license do I need to sell my products online, including UAE and worldwide?
How much would it cost me?
Can I keep my residence visa (sponsored by my father) and not change it?
Feb 14, 2025
112
How can we locate a person with an ongoing legal case? 0
Hello,
I am seeking your legal advice regarding a friend who was previously imprisoned in Abu Dhabi. His case there is now closed, but he has another ongoing case in Dubai.
Currently, we have lost contact with him and are unsure of his whereabouts. How can we check where he is or access any other legal facility?
Are there legal procedures to locate a person with an ongoing case?
What steps should we take to get more information about his status and legal position?
Feb 11, 2025
133
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