Questions & Answers
Questions & Answers
9 available 9 • View allRemoval of shareholder due to non-payment of dues
3
Q: Can an offshore RAK free zone company remove a Shareholder due to non-payment of his dues?

Apr 11, 2017
1097
The cost of drafting a Shareholder's Agreement
1
Q: How much would it cost to create shareholders agreement for a startup in Dubai?

Feb 26, 2017
1780
Protection of investment in LLC business
3
Q: I did partnership in LLC business with one Indian last year. Recently I asked him to return my investment as he was not giving any reward of my investment. He agreed to return it. But now he is absconding because he owes some amount to an old partner who filed a police case against him.
What should I do now to protect my investment or to avoid further loss?
My 2nd question is: which percentage of shares will apply in case of loss? Trade license shows 15% my shares.

Jul 4, 2017
1146
Dynamic equity split
0
Q: I am looking to get my tech startup incorporated and I recently read a book called "The Founder's Dilemma" that talked about the importance of a Dynamic Equity Split.
I would like to know if it's possible here in the UAE, how I would do it and where, and if the lawyer answering this question would personally recommend it.

Oct 30, 2017
631
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
815
How to safeguard your investment plans in the UAE
1
Q: Our company is registered in the UAE for the past three years, and now we want to expand our business by taking a loan or investment from a foreign company.
What are the rules and regulations that keep both parties safe?
Please provide us with accurate information to be safe from any future problems.

Jan 4, 2018
848
Assistance with drafting a restaurant partnership agreement

1
Q: I am opening a small restaurant in Abu Dhabi in partnership. Need a lawyer to draft a partnership contract who has done it for a restaurant partnership before.


Mar 19, 2019
1386
The precautions to be taken when investing in a setup company

1
Q: I want to get a partner visa to start some business activities. What should I be aware of?
What are the precautions to be taken if the company has already taken up some loans or there are legal issues?
Also, what points to be added in the article of association to be safe in the future?
Your advice is needed!


Feb 3, 2020
529
How can I hire people for my startup against equity shares instead of salary?


0
Q: I have a startup in Dubai. I have people interested in working on my project but at the moment I don't have enough activity or the capability to pay full-time salaries.
They are willing to work and get compensated via equity share options calculated based on the hours they worked.
They can be in Dubai or working remotely in other countries. Some could dedicate 20 hours/week regularly, others do one-off or occasional contributions.
What would be the best approach to be legally covered?



Nov 6, 2023
91
Legal blog
3 available 3 • View allAn Overview of the Legal Framework for Entrepreneurs in the UAE 4
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.
Mar 14, 2017
6379
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
3145
Procedures of Company Formation in the UAE 2
The different Emirates in the UAE have different requirements and procedures for obtaining business licenses. To register your entity, you need to follow steps and obtain approvals from the Department of Economic Development and other relevant authorities.
Oct 2, 2023
250
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
29583

Other answers by
How to lift a permanent ban imposed due to chest scars? 16
Dear sir/madam,
I am from Pakistan. My question is:
In 2013, the UAE imposed a permanent ban on me for health reasons because there were scars on my chest. I did my medical examination again in my home country and there was no issue now.
I want to lift my permanent ban. What is the process?
Jul 4, 2022
886
Traveling to GCC countries after being deported from the UAE 7
Dear sir/madam,
I got deported from the UAE in 2020.
I want to know if I can go to other GCC countries for employment.
Jun 3, 2022
2991
How to know if I have a ban for resigning before finishing probation to return to the UAE 0
Hi Mr. Younis,
Hope you doing good.
I see a lot of amazing replies from you where you give a clear picture of what needs to be done next. I would like to thank you for this support.
In my case, I am working with a private company called [----]. I have to leave the country and go back to my hometown due to an emergency on an immediate basis.
I have not finished my probation period and the contract is limited. I have completed 5 months with the company.
Will I get banned?
Please help.
Jun 1, 2022
390
إمكانية ضم المحضون لوالدته في الإمارات بعد سفره مع أبيه إلى سوريا 1
السلام عليكم،
أنا متزوجة منذ ٦ سنوات في الإمارات ولدي طفل عمره ٤ سنوات. طلب مني والده أن يأخذه إلى المول كي يلعب وذهب به إلى سوريا.
أريد أن أحصل على حكم محكمة بضم المحضون وحكم نفقة، وأريد أن أتأكد هل فعلاً يوجد قانون أو اتفاقية بين البلدين بهذا الشأن؟
Jun 2, 2022
262
How to get a divorce and split a joint property after I caught my husband cheating on me? 1
My husband and I are Romanian. We got married in Seychelles and live in Dubai. We own an apartment we bought one year ago.
I caught my husband using prostitutes. I have proof of it as entry logs to my apartment when I was at work, many girls have visited.
I want a divorce. Can my husband claim the apartment as it's jointly in our name?
Can he get into trouble for using prostitutes in Dubai?
Jun 4, 2022
413
Get quotes from lawyers
Find the right lawyer for your legal needs.
Submit your request and get multiple
competitive offers from
qualified lawyers.
Popular Q&A
View all Looking for something else?
Ask for advice from a lawyer