Questions & Answers
Questions & Answers
4 available 4 • View allDoes company-plaintiff need to renew its trade license?
0
Q: Dear Sir,
I have a little inquiry. My company Techno Links Trading Co. LLC has a case in the court. There are two companies in Abu Dhabi that owe us money since 2010. One is Al Maraikhi and other is Al Mushrif. The court has ordered in our favour.
Now it's been more than a year we are still waiting for the payment. The problem is we don't want to renew our company's license as there is no business these days but if we don't renew we won't be able to collect money from them.
Is it possible if we end the company would we still be able to get our money from them in future?
Regards

Jul 2, 2017
1034
Can a foreign holding company own onshore business in Dubai?

3
Q: I am an expat who purchased a sole proprietorship training company in Dubai onshore. I would like it to be owned by a Holding company outside of the UAE.
Can the Holding own such a company or do I have to change its legal form to something else? And, would that form force me to have lower % ownership?
Thank you.


Apr 2, 2017
994
Visa requirements for degree certificate in case of name change
15
Q: Hi Brother,
Hope you are doing well.
I see your Quora answers, and I have a doubt on employment visa processing.
Recently, I changed my name in the passport in India with the help of gazette certificate. Now, I got a job in the UAE and they're asking for my degree certificate for visa processing.
But in my degree certificate, there is a different name it will affect any problem in visa processing.

Sep 19, 2019
1798
How to update the name on the visa after changing it on the passport?

1
Q: Hello,
I am from India. I changed my first name due to personal reasons and completed all the necessary procedures (Gazette, newspaper publication), and updated my name in my passport.
I need to get my name changed on my visa (sponsored by the company).
They are asking me for the educational certificate with the new name for a managerial visa, which is not easy to get.
Another option is to get an unskilled visa which is a hassle as travel is restricted with that visa grade.
Could someone help me with what to do?
Thank you!


Feb 27, 2023
112
Legal blog
5 available 5 • View allImportance of Corporate Governance and its Basic Principles 13
It is the first article in a series of articles written by the author to give a better insight to the readers about the corporate governance practices under the best practice principles and the UAE legal system through innovative suggestions of its implementation for your organisation. Next series will be on the UAE regulatory framework on corporate governance.
Jun 26, 2019
3095
The UAE Regulatory Framework on Corporate Governance 7
It is the second article in a series of articles written by the author to give a better insight to the readers about the corporate governance practices under the best practice principles and UAE legal system through innovative suggestions of its implementation for your organisation. Next series will be on Corporate Governance for Non-listed companies.
Jul 4, 2019
2513
Corporate Governance for Non-Listed Companies 4
This is the last article in series of articles written by the author to give better insight to the readers about the corporate governance practices under the best practice principles and the UAE legal system through innovative suggestions of its implementation for your organisation.
Jul 23, 2019
943
Economic Substance Law in the UAE: Ahead with Compliance and Governance 5
Tax evasion is a serious offence on the local and international levels that had to be controlled and regulated with new laws, in an international effort to combat this violation. As a part of the international community, the UAE had issued a law (Cabinet of Ministers Resolution No. 31 of 2019) in the same direction requiring all in-scope UAE entities to have demonstrable economic substance.
Jul 24, 2019
861
Doctrine of Economic Substance in the UAE 3
The introduction of the Doctrine in the UAE brings the UAE in line with other jurisdictions that have recently issued economic substance legislation and affirms the UAE’s commitment to addressing concerns around the shifting of profits derived from certain mobile business activities to “no or nominal tax jurisdictions” without corresponding local economic activities.
Feb 4, 2020
1710
Laws & Regulations
1 available 1 • 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
29527

Other answers by
14 14 answers •
View allSetting up E-commerce business in Dubai 0
Hello,
We are starting a new E-commerce business based in Dubai and would like to know some of the legal requirements to set an e-commerce business. We'll be selling physical products, imported from China and targeting the UAE as our customer base.
So please if you could help us in informing what legal procedures like licensing etc should be done.
Thanks.
Sep 5, 2017
2620
Photography copyrights 0
Dear Sir,
I am a professional photographer.
I want to get my photographs protected worldwide. How is it possible? And what all documents are needed?
Many thanks
Aug 21, 2017
1034
Non-compete clauses in the employment contract 0
Dear Sir,
I'm Satheesh from Abu Dhabi. For the past 3 years, I was working for a free zone company in Dubai. Our company have clients from both Dubai and Abu Dhabi and doing medical billing services for hospitals and medical centres.
I was working with one of the company's clients which is a government hospital in Abu Dhabi (please note - govt is removing our company by Sept.).
My concern is that the hospital is interested to recruit me as their employee. But I already signed a limited contract with my company which has "Non-competition non-solicitation agreement".
My contract states that I cannot join their clients or competitors for 24 months after my visa expiry or end of service. If I violate this law they will take legal actions and they can ask for compensation (Law no. 8 of 1980 for UAE and Law no. 5 of 1985 for Dubai).
My visa is expiring by Aug 25th, so I'd like to join there.
Can I join this Abu Dhabi government hospital or not? If I join, is there any legal issue I have to face from my company?
Jul 30, 2017
10632
Responsibility of partners for bounced cheques signed by the company manager 0
Do the local sponsors have financial responsibility for bounced cheques from the company that they are sponsored?
If I got cheques but they were bounced and the person who signed the cheques (managing director) left the country. Company is in labor zone, retail, 2 operating shops.
Jul 26, 2017
15739
Property registration fee in Dubai 0
Could you tell me please, when property registration fee was changed from 2% to 4% (starting date) and by which law?
Thanks in advance.
Regards,
Alexander
Jul 25, 2017
606
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