Questions & Answers
Questions & Answers
5 available 5 • View allIs it required to appoint a UAE national as the local service agent?

1
Q: Under the amended UAE commercial companies law permitting 100% foreign ownership, does this also remove the requirement to appoint a UAE national as the local service agent?
If not, what is the role of an agent?
This would be for a mainland industrial license to manufacture in Dubai.
Thank you!


Sep 6, 2021
338
Requirement of exclusive agency agreement for a foreign company in the UAE
2
Q: Is it mandatory to have a dedicated or exclusive agency agreement for a foreign company doing business in the UAE?
If there is an existing agency agreement, can it be cancelled without reason/cause?

Jul 28, 2020
583
Changing the legal structure of an LLC to full foreign ownership

3
Q: Hello.
We have an LLC company where 49% is owned by an overseas company and 51% owned by a local partner.
We are not doing any transaction with this company and hence would like to make a representative company with an overseas company owning 100% of the shares.
Can we change an existing LLC in Dubai to a fully-owned entity limited only for marketing activities?


May 28, 2020
723
What is required to become an authorized agent in the UAE?

1
Q: Hi
I'm a Saudi citizen and I have an Emirati ID.
I would like to become an authorized agent of a product in the United Arab Emirates, as the product is located in Saudi Arabia and Egypt and has quality certificates.
What is required to become an authorized agent in the UAE?


Apr 13, 2022
278
Do you need to start a company and pay VAT to promote products for a foreign company?



0
Q: I am a Golden Visa holder (Indian citizen) and looking to work as a contractor for an EU-based manufacturer to promote their products in the Middle East. They do not have an office in the region.
If they were to pay me for the above services, is VAT applicable?
And do I need to start an entity in the free zone?




Nov 6, 2023
109
Legal blog
2 available 2 • View allLegal Aspects of Company Incorporations in the UAE 5
Sometimes this seems very simple to incorporate a company in the UAE, however, investors must seek professional advice before taking this important business decision to avoid any future legal implications.
Nov 1, 2016
3691
An 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
6385
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
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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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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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