Amalgamation

The decision to amalgamate the companies should be made in accordance with the provisions adopted for the amendment of the Memorandum and Articles of Association of the company, and will only be valid subject to the approval of the Competent Authority specified in the Company Law for that type of company.   The merging of…

Dissolution

The dissolution of a company can result in its termination The company can be dissolved for a number of reasons: •    The expiry of the period specified in the Memorandum or the Articles Of Association, unless the period is renewed in accordance with the company’s Memorandum and Articles •    The objects of incorporating the company…

Business in Dubai

Conducting Business in Dubai

The growth of international businesses in Dubai has made it a major commercial hub for global institutions and companies. The articles below provide an insight into the different types of business organizations in Dubai, and the processes involved in the dissolution, amalgamation, transformation and liquidation of businesses. Businesses in Dubai do not pay direct taxes…

Banking Systems in Dubai

Banking Systems in Dubai

When you move to Dubai, one of the major steps of settling down is setting-up a bank account. Whether this comes hand in hand with setting up your business or as a result of a new job, it is important to know a bit about the banking market, and understand how lawyers can assist you…

Following Set Up

Following Set-up

So, you have just incorporated your company and you’re rearing to go. You find out at the last minute that you can’t be based in Dubai anymore because you services are required elsewhere. What do you do? How can you ensure that the first steps of your business are secured and carried out by those…