Questions & Answers
Questions & Answers
4 available 4 • View allThe required agreement when investing money in a company
2
Q: I have been asked to invest money with a company to purchase goods, and then the profits from the sales will be split.
I want though to have an agreement in place that covers both parties as well as ensures all legal steps required are covered.
Money invested will be transferred by the banking system, and initial investment and profits from the sale will then be transferred using the banking system.
What is the right agreement, what will it look like, and how will I go about organizing the same?

Mar 25, 2021
356
Requirements for receiving money in our company from an investor 

1
Q: We are expecting to receive an investment of around 1M from a person as part of our board meeting.
The person's name is not mentioned in our trade license, he will transfer the amount to the company bank account, from his personal account.
So can you please advise me, in the future will the recipient bank ask for any documents/correspondences or do we need to make any legal agreement with him as per the UAE norms?
This document is only for banking purposes.


Mar 21, 2023
201
Validity of the side agreement of an LLC in the court

2
Q: For LLC formation in the UAE, will side agreements made with the local individual partner be valid in the court of law?


Sep 27, 2019
1203
Financial firm wants to change investor contract; I disagree. What now?

1
Q: Dear Sir/Madam,
I had invested in a financial firm registered in DED. It is a secured product, and a fixed monthly return was guaranteed as per the contract. I received returns regularly from September 2021 till December 2023.
Now, somebody has complained to DED against the company for crowdfunding and using money for trading. The company is in the process of obtaining a DIFC license.
They want to change the existing secured product contract to an unsecured product in which the company is not liable for loss.
For the same, they are now forcing me to sign a new addendum to the existing contract, which I am not ready to do.
Returns have stopped since January 1st.


Jan 23, 2024
76
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
3692
100% Foreign Ownership of Companies in the UAE 12
The UAE government has announced important changes to the federal Commercial Companies Law, the most significant is related to the foreign ownership of mainland companies. This will grant foreign investors the full ownership of share capital in companies carrying out certain activities specified to that effect by the competent authorities. This means that foreign investors’ shares will not be limited anymore to a maximum of 49% like before, but can be up to 100% instead.
Jun 13, 2021
3159
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
29599
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
33086
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
1836

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I have a labor absconding case from my company. How can I cancel my visa from India? 0
Assalamualaikum,
I have an absconding case in labor from my company.
How can I cancel my visa? I am in India now.
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How can I change my visa status if my ID is about to expire and the company is blocked? 0
Hello,
My ID will expire on 14th May. The company is blocked.
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Do I have to pay a penalty if terminated after completing my contract period? 0
Sir,
As per my contract period, they mentioned that if I leave the company before 1 year, I have to pay 5000 dirhams. But I have already completed more than 1 year and 3 months.
The company has given me a warning letter saying my work performance is low, and if I continue like this, they will terminate me. They didn't mention any charges, but they mentioned in the letter a top penalty procedure.
So I need to know whether I have to pay them any charges or not.
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Can I go on vacation after resigning if my visa is not yet canceled? 0
Hello,
Can I go on vacation even though I have already resigned from my employer and my visa is not yet canceled?
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What is the Stop/Suspend EXT transaction in the Labour Court? 0
Hello,
What is the Stop/Suspend EXT transaction in the Labour Court?
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How can I modify the custody agreement and enforce my parental rights? 0
As-Salaam-Alaikum everyone,
Please advise me on where I can find an affordable family lawyer. I'm only earning less than 5k AED monthly.
I really want to apply for modification of the agreement for my 3-year-old daughter, but my ex-wife is not responding or cooperating, assuming she wants to retain the current agreement for 3 hours per week.
I want to enforce my role as a guardian of my child and modify the agreement for more time and to be more included in the decision-making for her well-being.
May 12, 2025
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How can I change my visa status if my ID is about to expire and the company is blocked? 0
Hello,
My ID will expire on 14th May. The company is blocked.
I want to change my status. How can I do this?
May 9, 2025
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Do I have to pay a penalty if terminated after completing my contract period? 0
Sir,
As per my contract period, they mentioned that if I leave the company before 1 year, I have to pay 5000 dirhams. But I have already completed more than 1 year and 3 months.
The company has given me a warning letter saying my work performance is low, and if I continue like this, they will terminate me. They didn't mention any charges, but they mentioned in the letter a top penalty procedure.
So I need to know whether I have to pay them any charges or not.
May 9, 2025
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Can I go on vacation after resigning if my visa is not yet canceled? 0
Hello,
Can I go on vacation even though I have already resigned from my employer and my visa is not yet canceled?
May 9, 2025
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Can a company terminate an employee for refusing to do work not in the contract? 0
Hello,
Is it allowed for a company to terminate an employee because the employee refused to do work not stated in the contract?
May 7, 2025
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My husband sold the house we bought jointlyand took a cheque plus 1-year instalments from me. What can I do? 0
Hi,
I am a non-Muslim indian expatriate, residing in Dubai since 2015. The first 5 years, I was on a working visa, and after the delivery of my first baby, I left my job and became dependent on my husband.
In 2018, we bought a house together where I invested AED 2 hundred thousand from my income (I have proof in the form of a cheque). I also paid AED 3300 monthly installment for 1 year, for a personal loan taken out for the house.
But in spite of my resistance, my husband tactfully put the house in his name, so the title deed was in his name. In 2024, when my kids and I were in India for vacation, he cancelled our visas and residency. He also filed for a divorce in India.
The divorce is not yet finalised, and we are still married. Since August 2024, he hasn't let me access my house in Dubai, so I filed a case, which eventually went in my favor in January 2025.
Since I used to travel on a visit visa, I left for India and returned in March, to find out that my husband had already sold the house. The new owner is residing there.
What can I do now?
Help!
May 1, 2025
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Can I apply for a golden visa during my notice period after resigning? 3
Dear Sir/Madam,
I want to know if I can apply for a Golden Visa despite having resigned and currently serving a notice period.
Mar 6, 2024
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Lived in Dubai in 2009, couldn't pay credit card debts. Can I return now? 9
Dear Sir/Madam,
I was living in Dubai in 2009 and using some credit cards that I was unable to pay due to some problems.
Now, in February 2024, can I enter Dubai again?
Please guide me!
Feb 29, 2024
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Responsibility for supplier payments in an LLC company – manager or partners? 1
Dear Sir/Madam,
I am a partner of an LLC company with a 33 percent stake in mainland Dubai, along with two other partners who have equal shares.
I just want to know if I will be responsible for any payment liabilities of suppliers, or if it will be the responsibility of the company manager, as I am not actively involved in the business.
Mar 1, 2024
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Ongoing labor case: Can I renew my tourist visa and exit before it expires? 2
Hi,
I have an ongoing labor case, but my tourist visa is about to expire on December 25.
Can I renew my visa and exit?
Dec 22, 2023
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How to get information about a friend taken by the Narcotics Department in Dubai? 0
Hi,
My friend has been taken by the Narcotics Department for the consumption and possession of some substance in Dubai.
How can we find out what the next procedure will be, as his family back in India has no information about it and no idea where the police have taken him or what the next steps are in this issue?
Apr 16, 2025
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I secured a mortgage from the bank and the broker kept delaying until the MOU expired. What to do? 0
Hi,
I need some guidance regarding a property transaction that is not progressing as expected.
My broker initiated a manual Memorandum of Understanding (MOU) between me (the Buyer) and the Seller, with an expiry date of 01/02/2025. Within this period, I successfully arranged the bank mortgage, property evaluation, and NOC.
However, the broker started giving excuses, such as the seller being hospitalized. Later, the broker attempted to arrange a Power of Attorney (POA).
However, after that, they started ignoring my messages and calls. It now seems like they no longer intend to proceed with me, and the MOU has already expired.
Meanwhile, my bank EMI has already started, and I have paid two monthly installments. The broker is still unresponsive. I have raised multiple complaints through DLD RVS against the broker, but the response has been very slow and unsatisfactory.
I’m feeling stuck and financially burdened.
Please advise
Apr 9, 2025
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Can I file for mutual divorce from Dubai as an Indian resident and my husband works in Saudi? 0
Needed to know if I am eligible to file for mutual divorce as an Indian expat living in Dubai and holding an Indian passport and also have Canadian PR.
My husband is a Canadian citizen working in Saudi on a work visa.
What are my rights?
Can I ask for alimony?
Can I file for divorce from Dubai?
I have no children from the marriage.
Mar 21, 2025
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How can I cancel my visa and POA for financial matters if I have a travel ban for company bounced cheque? 0
I am seeking urgent guidance regarding my current visa status in the UAE. I was previously employed by a company that has now shut down, but my visa is still under that company.
During my tenure, I held Power of Attorney (POA) for all financial matters. However, after a cheque issued by the company bounced, the owner revoked my POA without my knowledge.
The company officially closed last year, and the owner (a lady) has been missing since the case emerged.
No one from the company is responding, and I am currently stuck in Dubai due to a travel ban imposed on me related to this case.
I need clarification on the following points:
How can I cancel my existing visa under this closed company?
Will I be able to obtain a new visa under another company despite the travel ban?
Are there any legal blocks or restrictions affecting my visa or employment options?
What legal steps can I take to resolve this situation?
I would appreciate your guidance on the next steps and any possible solutions.
Mar 20, 2025
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What are my options after my rental renewal offer and deposit was rejected by the owner? 1
Hello,
I submitted an offer and deposit through the trustee office, but the owner rejected it. What is the next step?
They sent an email notification stating that if not renewed within the contract's end time, 500 AED will be deducted for each additional day of stay.
Mar 20, 2025
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