Dubai has witnessed huge growth and has emerged as a global and regional business hub. The arrival of several investors has been drawn to set up businesses and companies in the emirate. The entrepreneurs who decide the incorporate of business are the ones who are unaware of the legal requirements of establishing a business entity. Some of them even enter into the competitive market without protecting their legal bases. Therefore, incorporation lawyers are the need of the hour for such entrepreneurs to conduct the business setup and other related procedures in smooth transactions.
Corporate cases undertaken by Corporate Lawyers involve drafting of contracts and reviewing contracts, conducting due diligence, drafting legal opinions, and other services. Corporate lawyers are even responsible for making sure that the corporate transactions are by the laws. They are not only important and necessary for drafting contracts or fulfilling legal requirements, but they are also subject to being ready in case any dispute arises between two or sometimes within the organization. In such cases, they must prepare themselves in advance to avoid any kind of severe consequences.
It is important to know what kind of corporate lawyer you are hiring. The lawyer needs to be the best to get the work done smoothly. A corporate lawyer who turns out to possess the skills that are inclusive of their knowledge of contract law, securities law, intellectual property rights, accounting, DIFC insolvency law, licensing law, bankruptcy, or any other law concerning the business will pose a bonus for your business. Moreover, they tend to provide a good image to the business through skills that involve good communication in the form of professional drafting along with up-to-point negotiation skills. We at Musaab Ali Advocates and Legal Consultants provide the best services.
Call us at Musaab Ali AlNaqbi Advocates and Legal Consultants to discuss your legal concerns with an experienced team of corporate lawyers in Dubai.
The Dubai Association Center has in recent times highlighted the importance of corporate associations in the growth of the country. It is essential for the smooth functioning of any business. It is the system by which a business can be directed and controlled. The corporate governance structure defines the distribution of rights and responsibilities of the members of the company, such as managers, the board of directors, and shareholders.
We offer business-like sensible solutions for directors and shareholders in navigating the ever-changing risk landscape in which domestic and international businesses operate.
Closure of business needs to be carried out with the Dubai Economic Department (DED) and the Ministry of Economy (MOE) depending upon factors such as Emirates and Various free zones.
When it’s time to close the business, everything needs to be well settled. Liquidation of the company in UAE takes a defined process to make sure it’s legally closed. If not settled and closed legally, there are fines and penalties imposed on the business and the individual owners. We advise and guide on Voluntary or Compulsory Liquidation, de-registration requirements set by the government authorities, effect on employees, sale of assets, and publication in the newspaper until the company’s name is removed from the register of companies and the company is officially said to be closed.
At Musaab Ali AlNaqbi Advocates and Legal Consultants, we have a team of intensive corporate lawyers, who look after setting up and winding up of Business in the UAE.
Musaab Ali AlNaqbi Advocates & Legal Consultants is known for providing thorough, high-quality legal advice and services and treating our clients and lawyers with respect and courtesy.