In line with this growth, AWIG, has established and maintained an independent well-staffed air cargo and aviation department providing all types of legal services relating to this field in light of Warsaw and other relevant agreements. The aviation team is very keen on following up all legislation updates in this field. The department keeps and maintains an updated record of all UAE cassations rulings and legal precedence in this vital field of specialization, while at the same time keeping an eye on all and any updates on the aviation rules and regulations worldwide.
The firm has extensive experience in managing dispute resolution both locally and internationally. We provide representation services before the International Arbitration Centers (IAC) in the UAE for a wide spectrum of cases pertaining to claims and entitlements. In addition, we assist in all meetings including expert meetings, implementation of the past ruling before the execution department at the local courts.
With our long standing presence in the UAE, this corresponds to a wealth of knowledge in different domains with relation to the structuring and conduct of business. We frequently advice and afford assistance on registration of local corporate bodies and branches of foreign companies, drafting of articles and memorandum of associations for all types of companies. The group also prepares board resolutions, financing, mortgage, pledge and lien contracts as well as all other legal services connected with business transactions. Further, we engage in corporate mergers & acquisitions, disposals and restructurings of the companies.
We specialize in business setup solutions, company formation and management, offshore incorporation, trademark registration. With Real Estate Company under our name, we can not only provide legal assistance and advice, but also deal with all the property matters in the UAE. We are well equipped to meet all our clients’ requirements, whether they are small and medium business entrepreneurs, or multinational corporations maintaining quality service & timely delivery.
Our experience in advising government entities, insurance companies, medical research institutes, medical practitioners and companies dealing with development of healthcare facilities, gives us an advantage to provide a comprehensive legal service to all individuals and entities in this sector. Our team specializes in medical negligence and malpractice cases.
With Dubai Internet City laying the foundation services for e-commerce prosperity in the Middle East as a whole, the group provides its services from this branch through a number of specialized consultants and experts in technological legislation and technology transfer.
As part of its services, this branch drafts technology transfer contracts, confidentiality agreements, web usage contracts, module and certification protection contracts, electronic signature agreements, web membership clauses and provisions as well as advising on and negotiating the provisions of technology transfer, web advertising and service contracts and handling domain name disputes and registration.
Our attorney’s having expertise and various means of resolving the disputes. Our litigation division deals with commercial transactions, corporate matters, real estate disputes, criminal and labor law matters, to name a few. Are endeavor is to provide strategic and comprehensive legal advice bearing in mind the interest and concern of the client.
We advice both Corporate & Commercial Business entities and the employees, on how one can aim at complying with the evolving world of new legislation and settle disputes through the Ministry of Labor and Dubai Courts. Our attorneys represent clients on labor and employment issues in arbitration, administrative proceedings and litigation. Our work further includes drafting and reviewing of employment contracts, assisting in disciplinary and termination matters, counseling on dispute resolution mechanism in resolving employees’ grievances and claims, giving counsel on labor implications brought by the acquisition, merger or change of management of a company, and safeguarding intellectual property and trade secrets.
-Target company selection and legal feasibility research
-Due diligence investigation and legal opinions
-Consultation and communication with the relevant supervisory agencies
-Disposal of assets and settlement of credits and debts
-Negotiations for and preparation of M&A legal document
-Handling application and registration procedures with government agencies
-Advising on tax implications in M&A transactions
-Reorganization of labor force and arranging for social security plans
-Advising on import/ export control, free-trade zone and regulation compliance
-Customs procedures such as tariff classification, rule of origin, customs evaluation.
Complete understanding of legal issues enables us to provide clients with comprehensive advice and consistent results. Furthermore, we have associations/affiliations with most of the leading international law firms from the United States, United Kingdom,Europe and Asia Pacific, and as result we undertake and participate in cross boarder transactions involving UAE.
The offshore possibility has basically been set up to cater for companies who need to have a regional “tax relief-invoicing-facility” – There is no minimum capital required and also no need to set up an actual office facility. The offshore regulations have been issued according to new international standards and companies will have to register minimum one director per company, keep financial records and issue an annual financial report audited by a professional auditing company approved by JAFZA. Each company must hold annual general meetings (possible also by proxy) and in short perform and act as a normal company.
The company regulations have been made out in strict conformity with new anti-money laundering measurements.
Activities NOT allowed
(a) Doing business with persons resident in the United Arab Emirates without having a proper license outside JAFZ to do so.
(b) Banking Business (hereunder investment banking and financial services),
(c) Insurance, (reinsurance, insurance Agent or broker)
(d) Real Estate
(e) Legal or Accounting Services
Local companies allowed to deal with
(a) Legal consultants, accountants, management companies etc carrying on business within the UAE,
(b) Any bank in the UAE for the purpose of conducting its routine operational transactions.
(c) If an offshore company wishes to conduct trade or other business in the zone or elsewhere in the UAE, it must obtain the appropriate license to conduct the trade or other business activity from the competent authorities.
Capital No minimum required, however a minimum of AED 10,000 (US$2,700) is recommended to begin with.
Total fees shall be US$ 8.000/- including government fees and our professional fees per annum to act as a Registered agent, subsequent annual renewal fee US$ 2,000/-
An owner/director is NOT automatically entitled to get residence visa in the UAE
An offshore company is only allowed to rent/lease space for keeping a registered office or owns real property on the Palm Islands or Jumeirah Islands or any properties owned by Nakheel Company LLC
It is unlawful to issue bearer shares registered agent: an offshore company shall at all times have a registered agent in the zone or in Dubai to which all communications and notices may be addressed. (Global Resources shall act as agent)
The following documents are required for formation of the offshore company:
1. C.V. (personal profile) of shareholders and directors
2. Passport copy of shareholders and directors
3. Bank Reference (format enclosed) statement of the shareholder
4. NOC from the employers if the shareholder is employed in the UAE.
The application form and Memorandum & Articles of association are to be signed in front of the JAFZA official. If the shareholder is unable to come to Dubai , the Memorandum & Application form has to be notarised in the country of origin and attested by the UAE Consulate in that country.
If the shareholder is a non-individual, following documents of that company are required which are to be notarised and attested as below.
1. Certificate of incorporation
2. Memorandum & Articles of Association
3. Board Resolution for investment in the offshore co. and appointing a legal rep. to act and sign on behalf of the company.
Global Resources will be happy to aid you in incorporating your offshore company in the UAE. All comments and enquirer are welcome and hope to serve you to the maximum satisfaction. Please do acknowledge the above. Yours Sincerely,