Questions & Answers
Questions & Answers
8 available 8 • View allHow 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
Can a shareholder in a company loan money to the company with interest?



3
Q: Can a shareholder in a company give a loan to the company, and expect an interest payment from the company - legally?
If not "interest", can there be an agreed fixed sum that the company will pay the shareholder specifically for providing this short-term "loan" to meet the company's working capital requirements?
The point to note is that it's not just any individual giving money to the company, but actually a shareholder "loaning" money to the company for an expected monetary return.




Dec 21, 2022
2346
Can I receive money from my USA company on my UAE company account?
0
Q: I have registered a company in SHAMS. I am the sole owner. I have no UAE clients.
I only work for a USA company as a supplier. It's all online work.
Can the USA company transfer payment to my personal account in Dubai?
The bank has agreed to it. It's a big amount, so I want to make sure I am not breaking any law.

Feb 10, 2022
408
How can I receive money from my overseas partner to start a business in the UAE?


0
Q: Hi,
I am currently working for a company (Resident) and planning to start my online business here in the UAE - Dubai. I am planning to have nearly 15000 USD as capital from my overseas partner/friend.
I need advice on how would the procedures be to receive the money and not forgetting that I have to send this back in parts with some interest.



Jun 8, 2023
146
Signing an agreement to confirm investment until the company license is issued



1
Q: Dear Sir/Madam,
I'm in the process of setting up a company, and I have an investor who will fund it. Until the company is officially formed, can I sign an agreement between myself and him as individuals to confirm his investment?
This agreement would later be replaced (rendered void) by another one between the company and the investor once the license is issued.
If this is possible, what is the correct format for such an agreement?




Dec 13, 2023
151
Can a shareholder invest cryptocurrency in his company registered in DMCC?

1
Q: Can a shareholder invest in his company registered in DMCC Free Zone a cryptocurrency?
Does he need any permission?


Sep 6, 2024
176
Is it legal for one LLC to borrow money from another LLC without interest?




0
Q: Is it legal for one LLC to borrow money from another LLC without interest?
How to approach when there is a suspicion of creating a fake creditor (same money looping)?
Thank you





Sep 16, 2024
133
I want to open a company to do crypto P2P trading on Binance. How to guarantee the bank account not to be closed?




0
Q: I want to do crypto P2P trading on Binance. But I want to do it safely, so I want to open a company and do it. My monthly turnover will be around 4 million AED.
I heard a lot that banks are freezing or closing business bank accounts because of this kind of activity. I want to know whether that is true or not.





Apr 2, 2025
91
Legal blog
2 available 2 • 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
6375
تشريعات دولة الإمارات بشأن مواجهة غسل الأموال ومكافحة تمويل الإرهاب 4
مع صدور قرار مجلس الوزراء رقم (58) لسنة (2020) في شان تنظيم إجراءات المستفيد الحقيقي، ومدى مساهمته في الحد من جريمة غسيل الأموال و تمويل الإرهاب، لا بد بدايةً من معرفة مفهوم غسيل الأموال و تمويل الإرهاب. تُعرَّف عملية غسل الأموال بأنها كل معاملة مالية أو مصرفية تهدف إلى إخفاء أو تغيير هوية الأموال المتحصلة بطرق غير قانونية، وذلك بتمريرها عبر النظام المالي والمصرفي لكي تظهر على أنها نابعة من مصادر شرعية، و من ثَمَّ إعادة ضخها واستثمارها بشكل قانوني مغاير لحقيقتها.
Jun 15, 2021
1840
Laws & Regulations
3 available 3 • 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
Federal Law No. (18) of 1993 Issuing the Commercial Transactions Law 19
This Law applies to merchants, as well as to all acts of commerce carried out in the UAE by any person even though he be not a trader. Commercial matters regarding which specific Federal laws are issued shall be subject to the provisions of such laws, and to the provisions hereof which do not contradict with said laws.
Sep 7, 1993
33064
Federal Law No. (4) of 2002 On the Incrimination of Money Laundering 1
The law defines the crimes related to money laundering, commitments and the jurisdictions of the governmental authorities, and the sanctions against perpetrators of money laundering.
Jan 22, 2002
1816

Other answers by
Can the brokerage company of the property buyer withhold the commission of the seller's company? 0
I am writing to seek your legal expertise and advice on a pressing issue concerning a property sale transaction that my brokerage company has facilitated.
Here are the details:
Our brokerage company represented the seller in a property sale where the property was sold with an existing rental agreement in place.
As per the terms of the agreement, the rental balance was supposed to be given to the buyer, who is now the new owner of the property.
In this transaction, our company is entitled to a 40% commission, and the buyer's brokerage company is entitled to 60%.
However, the buyer's brokerage company, which has complete control over the buyer's funds, has transferred the entire 100% commission to their own account.
They are currently withholding this commission, stating that they will release it once the rental balance is paid to the buyer.
Unfortunately, we have lost contact with the buyer, as he has blocked the seller's agent, making it impossible for us to fulfill this condition.
Nov 8, 2023
155
I am a UAE national and want study law in the UK. Can I still be a lawyer in the UAE? 0
I want to be a lawyer and study law in the UK.
I am a UAE national but I am worried about studying outside the UAE and not being able to actually become a lawyer in the UAE.
Do I really need to study in the UAE to become a lawyer here?
Oct 17, 2023
332
How can I refund money I paid to an immigration agency if nothing was done? 1
Dear Sir
I applied for Canada AIPP programs from one of the consultancy agencies in Dubai in 2021, and they told me it would take 1 year for the process. Now it’s more than 2 years.
They told me they were applying for me these years but I didn’t get any response from any company, and when I asked them to tell me where they applied, they told me it's confidential.
Now I told them to stop my process and they will refund my money but it will be very much less as per them.
Please let me know how I can get my money as I paid almost AED 9000 or how I can proceed legally.
Sep 21, 2023
269
Do I need to get my EOSB if I change visa to another company for the same owner? 3
Hi
I have been working in a company under a local sponsor with 2 partners for the last 6 years and my visa will expire next month.
However, my company has informed me that they shall transfer my visa to their other company with the same OWNER with a new partner (without a local sponsor).
In this situation, what do I need to do?
Will my previous gratuity be added to my new visa or do I need to take my end-of-service benefits and work as a new employee?
Kindly suggest.
Sep 19, 2023
565
We bought an apartment and the previous owner served an eviction notice. Can the tenant refuse to leave? 2
Hi,
We bought an apartment in July. The apartment is rented until the end of November with the previous landlord who gave them an eviction notice last year to sell the house.
Now they want to renew the contract but we don’t want to renew because we want to move into our apartment to live there.
Can we move into our apartment and the tenant has to go out?
Can the tenant refuse to move out?
Sep 13, 2023
318

Other answers by
Terminating an employee during probation: 14 or 30 days' notice? 3
Dear Sir/Madam,
If an employee is still on probation period, can the employer terminate the contract with 14 days' notice even if the employment contract states 30 days' notice?
The company is under MOHRE.
Nov 24, 2023
779
Is the RERA Index Calculator the sole source for determining rent increases? 2
Dear Sir/Madam,
I reside in a Dubai community, and my tenancy renewal is approximately 95 days away.
The landlord is proposing a 15% rent increase, primarily based on rents listed on propertyfinder.ae, claiming that my current rent is 25% below market rates.
However, the RERA Rental Index indicates "no increase in the rental value" as my rent is at the top of the quoted range, prompting me to reject the proposed increase.
The real estate broker he hired at the time of my move-in recently contacted me, serving as an intermediary, mentioning that he would conduct a DLD valuation, likely resulting in a higher value.
However, he is attempting to negotiate first, considering the cost of around 2500 AED.
If we were to dispute, is the RERA Index Calculator the sole authoritative source for determining rent increases?
Additionally, if the DLD valuation is accepted, what is the potential maximum increase?
Nov 13, 2023
299
How to collect judgment from LLC with closed office and expired license? 3
Hello,
I have a commercial execution case for the recovery of payments.
I sent a notification to the local owner (100% ownership of the LLC), but I see that the company has closed its office and its license has expired.
How can the courts get the money ordered in the judgment?
Thank you!
Oct 12, 2023
227
Work visa rejected for security reasons: What to do? 2
Dear Sir/Madam,
My work visa was rejected. When I visited the immigration office, they told me to come with my company's PRO.
I did, and my PRO told me that my visa was rejected for security reasons. I don't understand why my work visa was rejected, as I don't have any cases in India or the UAE.
I am new to the UAE. Can anyone please help me resolve this issue? What can I do? Is there any alternative to clear this?
Oct 10, 2023
710
How can I close a company I have RAKEZ without the presence of my partner? 0
I am a 50% shareholder in a company at RAKEZ, and the 50% shareholder is my partner who has left the country and will not return. I cannot run the company alone.
Next month the company is due for renewal, the expenses of which I cannot afford. I want to close the company.
RAKEZ people say file a case and bring court papers to close the company. Where can I go, what should I do, can I get help?
I do a small job in the shop.
Sep 27, 2023
183
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