UAE businesses can change their names at their discretion. However, the name change for a company has to be done as per procedures and regulations stated in the UAE Companies Law. In UAE, the law prescribes that name changes are to be approved by all stakeholders with the approval of relevant authorities. Usually, businesses go … Read more
As per United Arab Emirates law about mainland business setup, foreign investors are required to have a resident, a UAE national, as a sponsor. A Sponsor is typically not involved in the company’s administration mostly and is agreed upon yearly charges according to the contract. Usually, a local sponsor is appointed to liaise with the … Read more
A trade license is one of the most important requirements for doing business in Dubai. Getting a business license renewed involves a lot of documents processed. Also, renewing a business trade license could be a long process if you are not familiar with it. Delay in filing a trade license renewal levies penalty, or worse, … Read more
Trademarks are crucial assets for businesses in today’s competitive global market. They serve as unique identifiers of a company’s products or services, creating brand recognition and loyalty among consumers. In Sharjah, a bustling emirate in the United Arab Emirates (UAE), the process of trademark registration is essential for protecting intellectual property rights and establishing a … Read more
To start a business in Dubai, there is a need to acquire a business license. Two of the most common types of licenses issued for businesses in the emirate are professional and commercial licenses. In this article, We will explore the differences between these two. Points Commercial license Professional license Type of Activity If … Read more
If you choose to sell or close your company and you’ve employed staff members to help you run business operations, then you need to inform them regarding what’s going to happen to them. Obligations and Options of the Employees As a business owner who will be closing the shop, you will have options but they … Read more