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!

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

Q: In case of a major shareholder’s death in an LLC, which is already under liquidation due to loss, does the family of the deceased has any legal liabilities?

Q: Dear sir/madam, A partner passed away, and he has heirs (one son and two daughters). The son is a partner in the same company, but one of the daughters lives in Canada, and the other lives in the UAE. The other partners live in the UAE, but one of the other partners is an authorized signatory. How the share of the deceased partner will get distributed to heirs? And in case the heirs want to waive off their inheritance to another partner, what do they have to do? Thank you!

Q: A company is registered in a free zone (Dubai South) and had 4 shareholders. But now one of them passed away and the successor is a very old lady, who is not cooperative and will not be able to sign any document at all (and she lives in another country). We have no idea who will be a successor after this old lady and these people will in fact never be interested to do anything with this company. The company is financed and managed by only one shareholder, who is willing to continue. What can be done in this scenario to keep this company and continue operations? How to transfer the shares of the deceased shareholder (buyout, shares transfer)? Is there any court procedure where if no one claims their rights after some time, the shares will automatically be transferred to the company itself or the third parties? Thank you. A.

The United Arab Emirates is a Sharia-Law country with respect to personal status and inheritance. In accordance with the UAE legislation, the UAE Courts will adhere to Sharia Law in a situation where there is no proper Will in place.

Do you have assets in the UAE? Have you made a will yet? It is highly recommended to register a will soon, otherwise, the drive to asset disbursement can be extensive and expensive. In addition to the option of registering a will in DIFC for Non-Muslim will registration, Abu Dhabi Judicial Department (ADJD) had also introduced a separate office since August 2017, which has made the entire will registration process easier and cost-effective.

With the introduction of the new procedures for obtaining a power of attorney (POA) remotely in the UAE, after it was mandatory to appear in person in front of the notary public as a global rule to ensure the identity and intention of the person requesting a POA, we put between your hands this brief guide for how you get it done.

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.