Questions & Answers

Ask a lawyer
Dubai, UAE

How to notarize and legalize a sole establishment partnership in Dubai?

Dear Sir/Madam,

I am planning to be a partner in a sole establishment license in Dubai mainland.

Is it possible to have the agreement of partners for a sole establishment notarized?

Can I legalize my partnership and payment?

Bedaya Legal Services
Chat
Hire
Meet
20 Jun 2023, 15:39

Dear Questioner,

Yes for sure, there is a notary public service called the transfer of shares.

If you need help with that, please contact me.

21 Jun 2023, 16:07

So i can be an investor in this sole establishment not a partner with no administrative rights?

21 Jun 2023, 17:02

when you do the share transfer it will be no longer a sole establishment and it will be a partnership company

Al Aman Legal Consultancy
Chat
Hire
Meet
20 Jun 2023, 15:47

Dear Sir,

The inquiry is unclear.

Please contact us via the official email of Legal Security Company so that we can respond to you according to the procedures followed.

Premium
Amiri Advocates & Legal Consultants
Chat Hire
Meet
20 Jun 2023, 16:57

Dear Questioner,

No partners in the sole establishment.

20 Jun 2023, 18:17

Yes, technically I can't be a partner in the sole establishment.

But is there any type of legal agreement I can do with the owner to secure my share and claim my share in the profit?

20 Jun 2023, 18:27

Yes, it can.

20 Jun 2023, 18:41

So this type of agreement can also give me some administrative rights or I can just claim my share in investment and profit?

20 Jun 2023, 18:48

You can agree with him on everything: management, profits, losses, rights, and obligations.

20 Jun 2023, 19:54

We need to register that agreement in DED also to make it legal?

21 Jun 2023, 07:24

The registration shall be with the notary public.

21 Jun 2023, 16:12

Jazaka Allahu for your kind response.

So I will be an equity investor in this sole establishment according to this agreement you mentioned?

22 Jun 2023, 08:04

Yes.

Fixed-fee services
3 3 available services •  View all
Get quotes from lawyers
Find the right lawyer for your legal needs. Submit your request and get multiple competitive offers from qualified lawyers.
Looking for something else?
Ask for advice from a lawyer
It’s free and anonymous
No registration needed
Ask a lawyer