Questions & Answers
Questions & Answers
4 available 4 • View allHow can I exit a partnership and reclaim my investment from an LLC company?




1
Q: Dear Sir/Madam,
I hold a 33 percent share in an LLC Company.
I want to exit from the partnership as I don’t want to work with other partners due to their misuse of company funds.
I want to take my investment and profit up to the current date.





+2
Jun 12, 2024
194
How to exit an LLC partnership when other partners disagree?



2
Q: Dear Sir/Madam,
How to exit a partnership when the other two partners are not accepting my exit?
It’s an LLC company in Dubai mainland, and my share is 33 percent.




Mar 20, 2024
400
How to exit a partnership and get your share from the investment?
2
Q: Hello
I’m a business partner who just decided to exit the partnership with three more partners. It’s a recruitment agency.
I want to know what is the best right way of getting my share from the business in terms of the company’s valuation and current billing.

Apr 29, 2021
828
Can I close my LLC company and pay off all my debts and liabilities if the the license is expired?




0
Q: Good Morning,
I want to close my company (an LLC located in Sharjah) and leave. I have personal and company liabilities which I plan to settle before I leave.
My company license ended in December 2024. Can I pay off personal debts and company liabilities without renewing the company license (including renewal of tenancy contract) in the next 2 to 3 months?
I want to avoid license renewal fees and tenancy contract associated costs since I am anyways planning to leave. Is that possible?
If so, how much time do I have?
Thanks for your advice.





+6
Jan 6, 2025
118
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