The liquidation process in UAE involves more than cancelling a company’s trade licence. It generally includes a resolution to wind up the company, appointing a liquidator where required, settling liabilities, preparing a liquidation report, and completing deregistration procedures. The requirements…
A bounced cheque in UAE can raise several questions. You may have issued a cheque that the bank returned or deposited a cheque that was returned unpaid. Why was the cheque returned? How can the outstanding money be recovered, and…
The UAE is a major hub for international business, and businesses often enter joint ventures to combine resources, market knowledge, technical expertise, or capital. A Joint Venture Agreement sets out how the venture will operate, including the contributions, responsibilities, decision-making…
Anyone working on a construction project in the UAE must come across an FIDIC contract. It is the standard form of contract used in international construction projects in Dubai, Abu Dhabi and across the other Emirates. However, it is important…
If the commercial partnership fails and a dispute occurs, the decision on where to deal with it becomes important. In Dubai, businesses have two different courts of jurisdiction to consider: the DIFC Courts and the Dubai Courts. Understanding the DIFC…
When contracts begin to strain, force majeure is often the first clause parties turn to.In the UAE, force majeure is not a broad safety net. It does not apply simply because circumstances have changed or performance has become harder. The…
Civil Transactions Law- The UAE has evolved and reformed its old civil law of 1985 legal framework to Federal Decree-Law No. 25 of 2025, promulgating the Civil Transactions Law (New Civil Transactions Law) published in the official gazette No. 809.…
Can foreigners buy property in Dubai? Yes. Foreign buyers, including non-residents, can own freehold property in designated areas. Before you commit, check the exact ownership right, the property's eligibility and the steps you need to complete the purchase.Buying property in…
Dubai makes it fast to open a company and slow to fix one that was structured badly. A trade licence can be issued in days. A shareholder deadlock caused by a vague clause in a memorandum of association can sit…
A shareholder dispute in the UAE can close in weeks or run past three years, and the route you take explains most of the gap. Negotiation and conciliation usually finish within three months. DIAC arbitration runs six to eighteen months.…
