Questions & Answers
Questions & Answers
5 available 5 • View allWhat are the procedures and requirements to change a local service agent?

3
Q: I am 100% owner of Dubai mainland company under professional license. The company was established at the end of March 2021 and the setup process was run by a local service agent.
However, I am not satisfied with the local agent's service quality and I'd like to get your advice about changing the local agent.
Here are my questions :
- Is it OK to change the local agent?
- What are the procedures, cost and time needed to make a change?
- Do I need to physically be in Dubai for the change?
- It has been only 3 months since the establishment but the service fee was paid for 12 months. Am I eligible to get the refund If I end the contract earlier than the agreed timeline?
- What is the approximate cost for changing?
Thanks.


Jun 2, 2021
1420
Removing a partner from the trade license due to being unreachable
26
Q: Partner Missing:
In our civil company, one of the legal partners, holding 25% share, is outside the country since May 2013 and is unreachable.
The local partner has 25% share and I (an ex-pat) have 50% share.
Is there any way through which we can remove him from the trade license?

Mar 21, 2021
4694
Replacing the local sponsor and changing profit sharing

0
Q: I have opened a restaurant. Due to some issues, I had to add my local sponsor as a partner.
Now, the shares are like 64% for him and 36% for me on records. Profit share is 50-50.
He is claiming that he has lost his government job due to this high percentage of partnership in the restaurant.
He needs a large amount of money every month which I cannot afford right now.
Is there any way that I get any assistance of law in this situation?


Jun 17, 2019
937
How to remove the local sponsor of an LLC company and make it 100% ownership?
5
Q: In accordance with the new FDI law in UAE - Dubai, what is the (steps/cost/requirements/time frame) to remove the 51% shares local sponsor holder, and make it 100% foreign ownership?
Additional info for accurate answer:
- The foreign owner and the foreign manager are out of the UAE, and the only physical - available person is the PRO person.
- The local sponsor is a company with 4 partners,
So, I wonder if ALL of the partners will be required to attend physically for the procedure of the 100% foreign ownership transfer, or only the PRO and the POA person will be enough?
- The concerned company is an LLC Japanese company for water equipment trading, so it will be under the UAE cabinet positive list, right?

Aug 3, 2021
3236
Can I remove my local sponsor from my LLC against his will?




2
Q: Dear Sir/Madam,
Can I remove my local sponsor from my LLC against his will?
In reality, I'm the owner of the company, and my local sponsor receives AED 15,000 per year to be my partner, as was required in the past.
Now, I want to remove him, but he disagrees and wishes to remain, continuing to charge me.





Mar 12, 2024
502
Legal blog
3 available 3 • View all100% 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
Amendments to the UAE Company Law 2
An interview-format article covering the topic of the amendments to the company law in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.
May 24, 2021
758
What Can I Do If I Have a Dispute With My Joint Shareholder? 5
An interview-format article covering the topic of shareholder disputes in the UAE and pre-emptive measure to be considered. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.
Mar 24, 2020
5940
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

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Cleaner's resignation with 30-day notice in incomplete contract 7
Hello,
Good afternoon!
My friend works as a cleaner for a cleaning company and she now wants to resign with a 30-day notice. However, she has not completed the two-year contract and has only served for 16 months.
Additionally, she has not taken any vacation leave. The sad part is that when she signed the offer letter, she did not receive a copy of it and only signed it.
I would be very grateful if you could let me know if she would have to pay or if her boss has the right to not accept the resignation if the notice period mentioned in the offer letter is more than a month.
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إثبات صورية شراكة كفيل إماراتي 1
السلام عليكم،
نحن شركة ذات مسؤولية محدودة ولدينا كفيل إماراتي صوري، ولكن بالرخصة التجارية هو شريك. هذا الكفيل صاحب أخلاق عالية ولا خوف منه ويعرف نفسه بأنه ليس بشريك فعلي.
السؤال: إذا، لا سمح الله، توفي فقد نخوض مشاكل قانونية مع عائلته، فما الحل القانوني الذي يمكن أن ننجزه معه الآن ضمانًا لحقوقنا مستقبلاً؟
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العميل سدد المبالغ التي استخدمها ورفض دفع مبالغ الفائدة البنكية. هل يجوز ذلك؟ 2
السلام عليكم،
هل يحق للبنك في إمارة دبي أن يرفع دعوى جنائية أو مدنية ضد عميل لم يسدد مبالغ الفائدة بل سدد فقط المبالغ التي قدمها البنك أصليًا (مبلغ القرض فقط)؟
منحه البنك بطاقة ائتمانية بحجة أنه "قرض حسن بدون فوائد"، وبعدما استخدم العميل البطاقة الائتمانية بفترة زمنية قصيرة وفجأةً تم إرسال رسالة إلى العميل تفيد بأن هناك مبالغ متراكمة بسبب الفائدة البنكية بقيمة ٤٠٪ من القرض الأساس المُقدم إليه.
علمًا بأنه تم تزويد العميل بالبطاقة الائتمانية عن طريق البريد السريع لعنوان منزله بدون طلب رسمي من العميل بذلك، بالإضافة إلى أنه لا يوجد أي من المستندات التالية بين البنك والعميل:
١- عقد. ٢- اتفاقية. ٣- شيكات كضمان. ٤- سند أو شريعة أو قبول خطي أو غير خطي أو توثيق يتضمن أي توقيع من الأطراف؛ بمعنى آخر، لا يوجد أي اتفاق على الإطلاق.
العميل سدد المبالغ التي استخدمها ورفض دفع مبالغ الفائدة البنكية المضافة سالفة الذكر.
الرجاء الإفادة ولكم جزيل الشكر!
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