Dr. Elhais is adept at handling company registration, assisting with company set-ups for foreigners and contract execution matters.
It is hard to keep track of all the laws since there are a lot of branches to them. While criminal law stands famous amongst all other laws, many other laws are equally essential to maintain the well-being of everyone in different industries.
And then there’s corporate law which is all about business. It pertains to the legal affairs or matters associated with corporations. These are the laws that govern businesses on how they should be legally run. The companies are required to adhere to the rules and regulations laid down by the country they are in.
Corporate lawyers are the ones who can offer legal advice and guidance to corporations for them to be sure that they are complying with the laws and regulations they are expected to adhere to. The work aspect of a corporate lawyer in Dubai can range from researching to legal drafting to advising. Some situations can lead them to represent their clients in court.
Things a corporate lawyer can help you with are:
A corporate lawyer can be involved in research when in search of an answer to a legal question. This task is not easy as they’d have to find the information that can help him/her defend their case in court. Researching helps them find legal proof or legal precedent for their defence. Research is a significant aspect as some countries have constantly changed laws. The constant alterations to the law can sometimes render the research data useless. Therefore, a corporate lawyer needs to be an ace when it comes to research.
A corporate lawyer will be required to draft a lot of legal documents for their clients. These documents can range from a legal letter to a complaint to drafting a contract. Since corporate lawyers are experts in their field, many companies hire them to draft documents to maintain the information and data's accuracy.
Generally, lawyers are known for their negotiation tactics. This is where lawyers use their strategies to fix a problem between parties. This negotiation tactic can help businesses to settle arguments with other parties within a specific agreeable matter or on a certain amount.
A corporate lawyer can offer advice in written or oral format pertaining to the legal matter at hand. This advice can bring effects on the rights and responsibilities of a business. A corporate lawyer does not advise a business without careful analysis of the situation at hand.
Key takeaways:
For a business in the UAE, it will be best to consult with a corporate lawyer Dubai to make sure that everything is in order as per the laws and regulations. When the laws are strict like in a country like the UAE, it is always better to consult and take the next step.
What is the full list of fines for money laundering in the UAE? Dr. Hassan Elhais
The UAE Ministry of Economy has announced the list of penalties for violations of the laws relating to money-laundering and terrorism financing.
Can I Appeal Against an Arbitration Award?
Arbitration is best described as a cost-effective alternate dispute resolution process, which assists in smoother business relationships without incurring the rigidity of court proceedings. To address many of the pitfalls of the arbitration process and to bring the UAE arbitration process in tune with the best international standards, the UAE enacted Federal Law No. 6 of 2018 on ‘Arbitration’ and its amendments (“Arbitration Law”).
Commercial leasing and breach of contract punishments
In legal terms, a lease agreement can be defined as ‘a contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment’. A ‘commercial lease agreement’ constitutes a written lease agreement whereby a landlord agrees to lease his commercial property to another person or entity for a given business purpose and specified time period.
