Purchasing a Property in the UAE: Ownership and explained

Real estate laws in the UAE encompass a dual legal system consisting of federal laws and emirate-specific legislation. The UAE Civil Transactions Code (CTC) serves as the primary source of law for real estate transactions, covering aspects such as buying, selling, and ownership rights. Each emirate has the authority to enact its legislation to supplement […]

Getting an Alcohol License in Dubai – Unlock the Secrets

Although Dubai is a Muslim country, it is not devoid of alcohol. In numerous upscale hotels, restaurants, and designated areas throughout the city, you can readily purchase and enjoy alcoholic beverages. However, it’s crucial to note that there are stringent laws governing alcohol consumption, and even more stringent regulations for establishing a business that serves […]

LEGAL BUSINESS STRUCTURES IN UAE

INDIVIDUAL ESTABLISHMENT It is an establishment owned by a sole proprietor to operate an economic activity (commercial, professional, industrial, agricultural or real property). An establishment’s financial liability is linked to the proprietor who shall be responsible for all its financial obligations. CIVIL COMPANY IN UAE Civil Company in UAE offers 100% foreign ownership and full access to […]

Importance Of Business Power Of Attorney in the UAE

If your busy schedule and personal commitments hinder your ability to give proper attention to business matters as a managing director, it is advisable to designate a capable agent. This individual can effectively handle legal and financial affairs on your behalf. The power of attorney empowers you to appoint a trustworthy representative who can manage […]

Transferring Real Estate Property between Companies and Individuals (or vice versa) in Dubai

Renowned for its opulence and remarkable real estate market, Dubai has long captivated individuals and businesses worldwide. It comes as no surprise that property investments in this vibrant emirate are highly sought after. Consequently, property transactions in the “city of gold” are commonplace. Among these transactions, gifting property in Dubai between companies and individuals or […]