Questions & Answers
Questions & Answers
4 available 4 • View allThe best way to handle partners' shares in LLCs after death



3
Q: Good evening, Sir,
We have an LLC (under DED) with a UAE National 51%, one Belgian 25%, and an Indian 24%. The Belgian and Indian both are UAE residents and have their spouses also living in UAE as residents.
What will be the consequences if one of the Non-UAE partners died? What do you suggest as the best way to be prepared for this situation.
Your answer is already appreciated!




May 2, 2020
1727
Safeguarding the transfer of assets to family after death




1
Q: I have some savings in banks and national bonds in my name and gratuity with the company.
I am working in a private sector company in Dubai since 2013. I have 2 minor kids and a wife in Dubai.
Can anyone advise what is the best plan to safeguard them if anything happens to me?
Thanks





Apr 15, 2020
461
Application of the MOA terms in case of a partner's death
1
Q: Hi,
There are 3 partners in an LLC company. One is local partner who holds 51 % of shares, the second partner holds 36 % of shares, and the third partner holds 13% of shares.
According to the memorandum of association, it's written that in case of second partner death, the 3rd partner will be the managing director of the company and have full rights to represent the company in all ministries, to sell, buy companies assets, to close, open bank accounts and to hire or fire staff, etc.
Now, the second partner passed away.
My question is: Will the company's bank accounts be frozen or the second partner has full rights according to the MOA?

Mar 18, 2021
648
A partner in an LLC company died. How to remove the name?
1
Q: Hi,
I have an LLC company in DWC. We are three partners. A partner died.
She was a Pakistani national. I need help in getting her name taken out of the company.

Feb 1, 2022
291
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Jun 8, 2021
19169
Laws & Regulations
1 available 1 • View allFederal Law No. (28) of 2005 On Personal Status 24
UAE Personal Status Law (also known as Personal Affairs Law) governs marriage, divorce, inheritance and other personal affairs in the United Arab Emirates. The law equally applies to citizens of the UAE and non-citizens unless one of them asks for the application of his home country law.
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Can the new owner of an apartment increase my rent if it is against RERA Index? 0
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I'm a tenant of an apartment and a new owner has purchased the apartment. I would like to know:
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2. My current rent is 35% less than the current market value. Can the new owner change the rent as per the market value, or he still has to follow the RERA Index calculator for a new contract?
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I agreed with my landlord to increase the rent 10% I pay in cash. Should I insist on changing the contract? 0
I'm staying in JLT in a house with a rent of AED 140,000 per year. The lease starts on 1st Sep '23 and expires on 31st Aug '24.
The landlord sent me a legal notice from the Dubai Courts in mid-Sep '23, giving me 1-year notice to vacate the house as he plans to sell the house. The notice was received by me through email from the court.
He claims the email notice sent by the court is not valid till I receive it by courier via Aramex for my physical signature. Can you please confirm if this is true?
The landlord is now ready to let me stay in this house for two more years. He has proposed that we maintain the existing lease agreement and Ejari. However, I should pay him AED 14,000 in cash (10% increment).
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Is it possible to terminate a labor contract before the end of the two-year term? 0
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I have signed Form F and got the mortgage but the seller is in breach. What to do? 0
Hi
I have signed the MOU Form F since July 2023 and we prepared all the papers and the loan from my end on 23/8/2023.
When I went to DLD for the transfer, the seller had registration issues and asked for some papers to be provided as the property is under the company not an individual.
Since that time, we have kept renewing the MOU every month in the hope of finalizing but I am not seeing any progress.
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