Role of Corporate Lawyers in Dubai

There is no doubt while saying that Dubai has developed itself as a business hub and land of opportunities in the world. Dubai is home to several businesses, multinational corporations, investors, scientists, and intellectuals. Its geographic location, free zones, tax friendly economy, allow businesses to reach at its peak. Therefore nowadays world’s few key companies are operating from DUBAI or at least they keep one office in Dubai. When business is at the top then business law and business lawyers, both are needed too. It is compulsory for a business to hire Corporate or Business lawyers.

Business or corporate law or corporate lawyers do help the companies to operate easily so they are not breaching the local and universal laws implemented here in Dubai, UAE. That is why Corporate Lawyers in Dubai play a vital role in the business industry of Dubai. Corporate Lawyers in Dubai are also needed for commercial and civil cases in Dubai. Corporate lawyers or also known as business lawyers, sometimes. Though this is not a theory but corporate lawyers can be better hired from top Corporate Law Firms. Law Firms are mostly the full service law firms, but a corporate law firm is the one in which one has experienced lawyers who are at home in Business or Corporate Law UAE. The corporate or business law attorneys do have expertise specifically in corporate matters. We will discuss their key duties.

1. Business setup services

Business setup services in Dubai, is a very hot topic nowadays. It requires a few requirements to be fulfilled. Once the requirements are fulfilled then DED issues the trade license to start a business in Dubai. Though this is the job to be done by company setup experts but corporate lawyers can help you to understand your needs. What type of company do you need, what type of activity do you need or what sort of business you can operate, it is all advised by experienced professional corporate lawyers. Legal advisory service seems not to be very much needed every time, but it provides a core pillar and strong foundation.

2. Document drafting services

Legal documentation is the most important and foremost part of starting a business. Corporate lawyers provide contract drafting services, contract review services, negotiating contract services, etc. However, the notarization process has to be managed by a notary public and the notary public provides its own template.

3. Mergers and Acquisitions

Business or Corporate lawyers are at home in delivering expertise in mergers and acquisitions too. They provide legal support for mergers, and acquisitions, as well as partnerships and liquidation of the companies. They are also experts in organizing due diligence. They are supposed to reduce or mitigate the risks and make sure that the smooth transition of business is not compromised.

4. Compliance & Tax

Luckily, Dubai is one of those places in the world where rules and compliance protocols for businesses, is highly efficient and fully implemented. They help with compliance rules, tax laws, VAT etc. The objective is to reduce the risk. Corporate lawyers in Dubai are quite helpful while offering this service.

5. IP Protection:

Intellectual Property rights, might not be a serious thought for small or medium-level businesses but it is a very serious concern for a mature and established business. If the IP rights are not taken seriously then it can be a problem, in the future. Corporate lawyers provide support for finding and registering patents, logos, slogans and legal support to protect the IP assets of individuals and companies.

These lawyers are important for business in Dubai and all over the UAE. These advocates and legal consultants are quite important to understand business laws. They provide the latest and updated business law knowledge. They share the legal cautions and precautions with the clients. These lawyers help to reduce business risks. They help to reduce or overcome the conflicts. These corporate lawyers or commercial lawyers in Dubai, help to reduce legal complications. These lawyers are also helpful in dealing with banks and loan matters with banks. Commercial or Corporate lawyers are a big help if the matter is international in nature. For example when laws of more than one country are involved or the business matter is involved among more than one country.