5 Early Signs that You Might Require a Commercial Lawyer in Dubai
Dubai is a global economic hub,and naturally, many entrepreneurs want to set up ashop in the country. If you are planning to do the same or if you already have a company in this part of the world, it’s important to seek out commercial lawyers in Dubai so that you can stay on track legally.
How do
you know when you need commercial lawyers
in Dubai?
1.
You're
planning to set-up a new business.
The
United Arab Emirates (UAE) has several regulations that govern new businesses
in the country. Investors are required to provide commercial licenses that
cover all kinds of trading activities and professional licenses for services,
professions, and artisans.
In some
cases, you might also need an industrial license to establish industrial or
manufacturing activities. A commercial lawyer can help you obtain these
documents from the appropriate authorities in Dubai.
2.
You find
yourself in a commercial dispute.
Commercial
disputes are be resolved through arbitration or litigation, depending on the
case. A commercial lawyer in Dubai can help both international and domestic investors
understand the UAE's legal structure, and
guide them through the dispute resolution process.
3.
You need
someone to look over your agreement.
It's
essential that you enlist a commercial lawyer's help before signing any
agreement with a corporate association. Lawyers have the knowledge to review
corporate contracts, ensuring your transaction is in accordance with UAE law.
4.
You need
legal advice.
You
don't have to be in a complicated corporate case before seeking out a lawyer.
In fact, it's best that you avoid the situation altogether by getting credible
legal advice from an expert.
Commercial lawyers in Dubai are reachable
online, making it easier for you to get the answers to your burning questions.
5.
You need
to understand Dubai's commercial laws.
Commercial
laws in the UAE are slightly different from the rest of the world, with the
government continuously upgrading its regulations to accommodate its growing
economy. Both local and foreign investors are urged to learn about the law
before making any business transaction.
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