Q: Greetings, I am an employee working in a company right now. I have plans to kickstart a project in Abu Dhabi, for which I am going to partner with a company in Abu Dhabi in the next few days. I would like to understand a few things before I start this process: 1. What kind of visa should I consider for the same? 2. What is the legal process for partnership models in internal agreements?

Q: A friend and I have started a business in Dubai about 2 years back and I paid my share of the capital and expenses on that basis we'd be 50/50 partners. The company was registered under an Emirati sponsor as per the local laws and regulations who holds 51% of the shares and my friend who holds the remaining 49%. We didn't add my name to the application at the time thinking it would reduce the processing time. Till date, I have not seen any share or any profit on the grounds that we're not making much of it. We have not signed any papers that can prove that I'm a partner in the business, but I have made 2 payments (about 90% of my total investment) through a bank transfer to the company's bank account. To sell my share, would it suffice if I get him to sign on a paper that we are 50/50 partners and I contributed with X amount? Should it be done at a notary and have it legally attested? Or should I have him sign a paper that I gave him an X amount as a loan? Any other suggestions

Q: Hi, I want to get advice on what I should do with a company based in Dubai, which is not adding me as a partner even after payment of 100% my share money. I have even paid double by investing all my salaries of 16 months. I am out of the UAE now. Please advise. Many thanks.

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.

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.