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Hiring Commercial Lawyer In Dubai- Here’s Why Do You Need It?

Well-oriented policies are fundamental for the robust foundation of any organization. If you want to ensure consistent growth of your business/corporation in the long run then hiring a commercial lawyer would assist you through your goals.

A well-qualified commercial lawyer can help you through determining the legal structure of the business, drafting commercial contracts and also dealing with commercial disputes.

It is most important while hiring a commercial lawyer that the lawyer must be well-experienced and reliable enough to get extremely well-versed with the company bylaws.

When looking for the most qualified and reliable commercial lawyer in Dubai then you can trust My Dubai Lawyers as your commercial legal advisors.

As our commercially astute lawyers work closely with the corporations to understand their unique situation and resolve the dispute in the slickest and streamlined way possible.

 

What Are Some Unique Services You Can Leverage From Our Commercial Lawyers?

 

1. We Offer Admirable Legal Advisory services:

 

Professional commercial lawyers protect your business from arising conflicts in a company. 

 

So you can hold your business back from future disputes and legal issues prior to their occurrence for a safe edge. 

 

It is the responsibility of an attorney to make sure that he/she provides a great alternative to solve commercial conflicts while providing benefits to both the conflicting parties. 

 

A reliable attorney handles all the dispute resolutions to help the companies make smart decisions. 

 

That’s why large corporations in Dubai reach out to My Dubai Lawyers to address their inquiry to professional lawyers

 

2. Align Your Company’s Value With Our Corporate Structuring:

 

Our commercial lawyers have a decade of experience in corporate governance/ structuring. 

Many organizations in Dubai benefit from our corporate structure review regardless of their industry. 

 

We also align proper strategies to ensure tax efficiency and limit legal liability. 

Our experienced legal advisors can help you determine the right approach towards corporate business structuring based on your goals and needs. 

 

However, you have to discuss the following facts with our lawyers before getting on board;

 

  • Tax structures.
  • Business corporation status.
  • Cash distributions.
  • Trust funds.
  • Succession planning.

With these insights, our qualified commercial lawyers will prepare a well-oriented structure to set up a robust foundation for your corporate organization. 

 

3. Company Formation & Restructuring:

 

At My Dubai Lawyers, we provide practical advice and innovative ideas to reform your business structure to its better version. 

 

Whether you’re just setting up your startup or a fully developed corporation, you need an attorney to solve your growing business pains.

 

4. Joint Venture & ShareHolders Agreements:

 

My Dubai Lawyer’s has a team of professional & specialized commercial lawyers who have great expertise in structuring complex commercial agreements between stakeholders and joint venture parties.  

 

In a joint venture arrangement, it can be very risky to invest in someone you may not have worked with before. 

 

That’s why you need the right guidance to choose your business partner. Here a well-qualified team of My Dubai Lawyers comes in. 

 

We offer clear, commercially sound advice structuring;

  • How each stakeholder should bring value to your joint venture. 
  • What & how much each of the stakeholders will get out of it at the end. 
  • How should issues be resolved along the way. 

We provide the right insights into the regular act for investors, entrepreneurs and owner-managed businesses. 

 

Whether you’re a business owner or an investor, we’ll make sure that your financial expectations of the investments are properly reflected through your corporation. 

 

5. Board Composition & Management Arrangements: 

 

In the legal and regulatory environment of Dubai that is exploding in complexities every day, we assist corporate organizations with their governance frameworks.

 

By Making board composition and management arrangements in compliance with the latest legal reforms. We help corporate businesses to unleash their full potential and help them to run their organizations with a well-oriented governance framework. 

 

We work with the Board’s senior executives & legal and co-sec teams on all aspects of corporate governance and regulatory compliance.

 

We use our experience working with a multitude of Dubai’s leading companies, advising on a broad range of Corporate Governance issues including; 

 

  • Directors’ Duties.
  • Continuous Disclosure & other compliance matters.
  • AGM disclosures. 
  • Remuneration issues. 
  • Capital management initiatives & other issues. 

In this way, we halt every other issue that can arise from the increasing amount of stakeholders’ activism even before the problem occurs. 

 

6. Commercial Contracts In Line With The UAE Jurisdiction:

 

My Dubai Lawyers have a stronghold on all legal commercial matters including aligning such commercial contracts for your business that can ensure your success. 

 

Speaking of commercial contracts and agreements_ they are obligatory to bind the business world together in Dubai. 

 

Although, you can enforce verbal contracts. However, it’s very difficult to prove them in the UAE jurisdiction. Therefore, we help our clients to commit to the most profitable deals and commercial contracts lawfully. 

 

7. Stock, Asset Purchases & Sales:

 

My Dubai Lawyers has risen as an international law firm in the UAE that serves local residents of Dubai as well as international clients regarding their disputes in the stock market. 

 

We offer the most viable and best commercial legal advisory services in Dubai.

It requires great expertise and envisages to navigate through the disputes in the stock market across the courts in the UAE. To prove up to this very caliber, we have a qualified team of commercial law advisors.

 

8. Regulating Frameworks:

 

If the upcoming businesses want to thrive in the competitive UAE marketplace. Then they should build a strong foundation of their business with a well-defined regulatory framework. 

Understanding the legal obligations and applying them in a symmetrical way is not as easy as it may sound. Even if you’re an international client running a business in the UAE then you should better opt for a well-qualified commercial lawyer.

As a highly qualified commercial lawyer can assist you to create a simplified and clarified business framework in the light of local UAE commercial laws.

 

9. IP Protection

 

 Are you preparing a plan to expand your business in the UAE?  When doing so, you may have come across a multitude of challenges and questions. These problems can also affect your intellectual property rights (IPR).

In order to overcome these hurdles, you need an expert who has helped other people to make it up to the winning line. Just like My Dubai Lawyers who has been helping a multitude of corporations and enterprises to make their IP protection hassle-free and outstanding with reliable commercial legal advisory services.

 

10. Trademark Registration

 

It is your right to protect your brand’s copyright and own it with great confidence. If any business finds it hard to register, renew or protect trademark, brand and copyright. Our commercial lawyers come in. 

 

11. Franchising

 

In Dubai, Federal Law No. 18: “Organization of Commercial Agencies” is responsible to govern all aspects of franchising including distributorship, commission arrangements, dealerships and other forms of sales representative relationships. 

 

According to this law, only UAE nationals or an entity wholly owned by UAE nationals can register a franchise. Also, their agreements must be notarized and the franchisee must have exclusive access to the product. 

 

Our commercial lawyers have specialized in every legal aspect that can help you through the process of setting up a franchise. Our expert team guides you through the whole process and the kind of franchise best suited for your business.  

 

We assist you in determining the following essential factors for your franchise business; 

 

  • Franchise transactions.
  • Drafting and reviewing franchise agreements. 
  • Submission of the required documents.

 

Our knowledgeable legal experts help you to understand the methodology necessary for company trademark registration in Dubai. We provide you all the paperwork and the research required to easily register your brand in Dubai. So you can set up your business with the least amount of worry and work.

 

12. Mergers & Acquisitions

 

My Dubai Lawyers is a well-established commercial law practice group in the region. We cover a broad range of international work in the merger & Acquisition space as well as helping our international clients to hunt the best opportunities in Dubai. 

 

Do you know? According to Thomas Reuters Practical Law, mergers and acquisitions are the hosts selling markets in UAE and the surrounding regions for the fiscal year 2020 & 2021. Has your company tried its luck in this market yet? 

 

If not! Then what are the hurdles that are holding you back to create a remarkable opportunity for your business? Trust our highly qualified commercial lawyers to create a well-defined roadmap for your business growth. 

 

Whether you want to merge your enterprise with an upscale business to consolidate your business growth or acquire a new subsidiary. Our well-experienced commercial lawyers help you identify and opt for the decision that can enlighten the future of your business.

 

13. Sponsorship

 

Do you know how much ROI you can generate from sponsoring a business in Dubai? In a Mainland LLC business setup, a foreign company can get sponsorship of a local business in Dubai. In this way, 51% of the shares owned by a foreign company would go to the assigned partner ( a local company in Dubai/ sponsor) while a foreign company can leverage the rest of the 49% of the company shares. 

 

As you know that the UAE Companies Law makes it mandatory to involve the local sponsorship for the business setup of a Mainland Limited Liability Company. Therefore, foreign investors should always make a wise choice to get sponsorship from a UAE national or a local Corporate Entity in Dubai. 

 

However, finding a reliable local sponsorship in Dubai always remains a complicated task for startups and new entrepreneurs in the Emirates.

When you hire the most expert commercial lawyers from My Dubai Lawyers then you already have relieved your headache that could have happened if you would not have reached out to us. 

 

Just state your business goals and the features you prefer in your business sponsor and let us do the job for you.

 

14. Commercial Agency Advice & Disputes

 

On a daily basis, companies deal with a myriad of relationships and contracts that unite them with their stakeholders including; 

 

  • Suppliers.
  • Customers.
  • Licensors. 
  • Distributors.
  • Other strategic partners.

 

Our global practice of commercial law helps businesses to structure their relationships and reduce conflicts to a great extent. Our commercial legal advisors will guide you through the complexities to ensure that your contracts provide the necessary framework for your business success.

 

Commercial Litigation

 

Major enterprises and successful businesses in Dubai never overlook the significance of a professional commercial lawyer. Since an experienced commercial lawyer can help you settle down corporate disputes and make the best decision for the following business-critical areas; 

 

  • The Civil and Contract laws.
  • The Tax Code and Accounting Law.
  • The Intellectual Property Law.
  • The Bankruptcy Act.

 

Whether you’re a local business or an international company operating in Dubai, you’ll always feel the need for professional legal guidance to process the above-mentioned matters. Here, experienced commercial legal representatives from My Dubai Lawyers can be of your assistance.

 

We reserve our clients’ businesses, avoiding litigation so we can help corporations and companies to maintain their relationships with your teams, customers, business partners and other key stakeholders. 

 

We offer 100% transparent & partner-led commercial legal advisory services to help clients identify & predict the issues beforehand. In this way, we help businesses to smartly navigate the hurdles and settle down the disputes.

 

How Much Does It Usually Cost to Hire Commercial Lawyer Services?

 

Mainly, the charges of hiring a commercial lawyer depend upon the complexity of the case. So the fees of the commercial lawyer increase with the complexity of the case.  

 

However, we always care about our clients and their satisfaction. Therefore, we make sure to cut your cost overheads and provide you the most reliable commercial lawyer services near you in an extremely cost-effective way.

 

What Are Some Points I Should Discuss Before Hiring Any Commercial Lawyer?

 

It’s highly recommended to hire a commercial lawyer for your business after careful research and analysis. Because in the highly regulated environment of Dubai, it’s never a good decision to hand over your business-critical legal aspects to a less experienced and qualified commercial lawyer. 

 

In order to find the best for your business’ legal representative, add the following criteria to your checklist; 

 

1.Verify The Qualification & Experience Of The Lawyer 

 

As mentioned earlier, it’s not a piece of cake to form the legal framework for any kind of business in Dubai. Therefore, you should always reach out to a commercial lawyer who already has positive word of mouth in the UAE market. 

 

Do you know? There are 70% increased chances of your case failure if a qualified and experienced commercial lawyer is not handling your case. Therefore, hiring an unqualified lawyer due to low charges can impact your business negatively. 

 

Instead, you should hire a commercial lawyer that has hands-on experience in the UAE marketplace. Just like My Dubai Lawyers, because we not only provide you a team of well-experienced lawyers but also offer incredibly cost-effective services. 

 

2. Business incorporation: 

 

Not every lawyer may have the expertise in commercial legal advisory services. Therefore, you should precisely verify if the lawyer has specialized experience in working with corporations. 

 

Before that, you should first analyze if the lawyer has ever worked with an organization that is similar to your business’ nature

Besides legal assistance and advice, a commercial lawyer should be capable enough to help you through all the paperwork that comes with it. Please remember that there are different commercial laws for local and foreign companies in Dubai. Therefore, make sure that a commercial lawyer has remarkable experience and expertise in handling both. 

 

3. Commercial Lawyers Must Be Expert In Handling Contracts:

 

There is nothing that can keep the bond between two parties stronger than a written contract. Because a contract is proof that both the parties have agreed, signed and sealed the terms mentioned in the clauses of the contract. 

 

So, it can help to penalty any of the concerned parties in case of the violation of clauses. Thus, when you’re looking for a commercial lawyer in Dubai, then you need to ensure that he/ she is able to understand and quickly learn the contract. 

 

A professional commercial lawyer should efficiently and accurately prepare standard contracts for other stakeholders associated with your business. 

 

Looking for a reliable commercial lawyer for your local or international business in Dubai? Please fill out the form below to schedule a consultation session with our expert commercial lawyers immediately.

 

 

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