Questions & Answers
Questions & Answers
3 available 3 • View allManaging shares of a deceased ex-pat director in an LLC: What's the process?


1
Q: Dear Sir/Madam,
Recently, one of our ex-pat directors passed away. The company is an LLC, with shares split as follows: 51% owned by a local Emirati, 25% owned by an ex-pat director, and 24% owned by another ex-pat director.
We need to determine how to manage the shares of the deceased partner since he has no family here and his family back in his hometown wants nothing to do with the business and is uncontactable.
What is the process for retrieving the shares and continuing our operations?



Mar 22, 2023
123
A partner in an LLC company died. How to remove the name?
1
Q: Hi,
I have an LLC company in DWC. We are three partners. A partner died.
She was a Pakistani national. I need help in getting her name taken out of the company.

Feb 1, 2022
359
What happens to the company and its operations if one of the partners is deceased?


0
Q: X Real Estate LLC is a newly formed LLC company in the mainland (DED) with 10 partners, 9 of them Indians and one Pakistani.
As per the new provisions, the company is owned 100 % by expatriate residents. The company’s business is buying and selling real estate in the UAE.
Query:
What happens to the company and other partners, when one partner dies with or without a will?
Can the remaining partners continue to operate the bank account or it will be frozen?
Are the operations of the company frozen? Can the remaining partners carry on the business as usual, buy, rent, and sell the properties?
Can the partners pay the share of the deceased partner to his legal heirs and distribute his share among the remaining partners?
Will this affect the other businesses of the remaining 9 partners in any way?



Feb 27, 2023
255
Legal blog
2 available 2 • View allWhy Is It Important for Non-Muslim Expats to Have a WILL in the UAE? 8
An interview-format article covering reasons why a non-Muslim expatriate should have a will in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW. Ludmila sheds light in this article on the right time and place to start the procedure based on tested practices in the UAE.
Nov 25, 2019
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Securing Your Assets in the UAE by Registering Your Will 14
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.
Dec 16, 2018
4416
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
29624
Federal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates 96
The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.
Dec 15, 1985
148655
Federal Law No. (28) of 2005 On Personal Status 24
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.
Nov 19, 2005
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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?
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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.
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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!
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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?
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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
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How can I file for divorce in the UAE as an Indian Christian with a son, and ensure custody? 1
Hi, good morning,
I’m an Indian residing in the UAE and want to apply for a divorce. My husband and I have been living separately for more than 3 years, and he has been living in India since our separation.
We are both Indians and Christians (non-Muslims). We have a son who is 8 years old now. Can you please let me know the divorce procedure if we want to proceed in the UAE, both with and without mutual consent?
Additionally, please advise on how to proceed with custody, as my son currently resides with me.
Thank you!
Aug 28, 2024
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My flatmate took a video of my visitor in the toilet half naked without permission 1
My flatmate took a video of my visitor in the toilet half-naked without permission and shared it with another person, and accusing me of taking another nationality which is untrue.
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May 12, 2023
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Retrieving a passport from a car impounded for driving without a license 1
Hi sir,
I drive a car in Ajman without a license. On a visit visa those days, Ajman police caught me and I forgot my passport and other belongings in the car.
They impounded the car, so how can I get my passport back from the car?
My case is finished.
How do I get my passport back so I can apply for a visa and then a job?
Please suggest me.
Thanks!
May 2, 2023
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What is the time limit to execute a judgment? 1
Dear Sir/Madam,
Time limit to execute a judgment.
I won a court case about 5 years ago. I still did not register an execution lawsuit.
What is the maximum permitted time limit between the verdict and registration of the related execution lawsuit?
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Getting a visit visa to the UAE if there is a pending loan 1
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After evicting a tenant for renovation, can the landlord rent the property to another tenant? 0
Hello,
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I sent the landlord a notice to renew the lease 90 days earlier as per the contract. Can I change my mind if he didn't respond? 0
I live in Dubai and I have a one-year rental contract with my landlord. According to the agreement, I must tell the landlord at least 90 days before the contract ends whether I want to renew it or leave.
I followed the rule and sent them an email before the 90-day deadline, saying that I want to renew. They replied and said okay, and they asked me to send the new contract so they could sign it.
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I think maybe they are waiting to see if someone else will offer more money to rent the apartment, so they are delaying their response.
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