All companies in Dubai engage in some form of commercial activities and transactions and they must observe the applicable regulations for their particular business field. Commerce is regulated in the UAE and a number of federal laws apply. Investors who open a company in one of the free zones in Dubai may enjoy, under certain circumstance, more economic liberties than those investors based outside of a free zone.
The experts at out law firm in Dubai can provide you with legal assistance for commercial transactions in Dubai as well as legal representation in the case of commercial litigation in the UAE.
Laws governing commercial transactions in Dubai
Commercial transactions in Dubai can be regulated through the Commercial Companies Law, according to the type of company, but also through individual commercial contracts concluded between different businesses.
Trading and commercial activities are regulated through a specific set of agreements, signed between two or more parties, that represent the basis for their business relation and the commercial transactions they engage in. Foreign companies in Dubai also need to observe the contract law in the Emirate. One of our lawyers in Dubai can provide you with adequate counselling and advice, according to the type of agreement you with to enter into.
The following activities fall under the category of commercial transactions: commercial representation, the purchase and sale of goods, real estate activities, transportation activities, import and export activities, tourism and travel activities, industrial activities and those that have to do with animal resources. Companies in Dubai can also engage in a number of other activities that will be considered commercial ones, like advertising, printing and publishing, banking and brokerage operations but also establishing an investment fund in Dubai.
Commercial litigation in Dubai
Commercial agreements in Dubai will typically include a litigation clause. The disputes that may arise during a business partnership can be solved in a Dubai Court, or through arbitration if such a clause exists in the agreement.
The team of experts at our law firm in Dubai can help you with various issues concerning commercial transactions and commercial litigation, including asset purchases, general commercial advice and planning and issues concerning franchising in Dubai.
Foreign investors in Dubai can start their business by opening a branch in Dubai. You can talk to one of our attorneys in Dubai and explore more of the available options.