Need a lawyer for small business?

Do I need a lawyer for my small business?

Getting a commercial lawyer in Dubai comes at a cost not all business owners can afford. This leads to entrepreneurs and would-be business owners asking, “Do I really need a lawyer for my small business?”

Whether you are simply starting a small business, working to maintain your business, or looking to expand it, you would benefit from having a lawyer by your side. Keep reading to discover how a lawyer can help you and in the process, determine whether you need a lawyer or not.

Reasons to obtain a lawyer

There are different legal requirements you need to meet for company formation in Dubai. The process of putting up your business can be challenging if you are not familiar with Dubai’s law. Things can become even more complicated if you are an expat or non-resident.

Thus, the most important reason that you need a lawyer is to obtain expert legal counsel. A lawyer can help you make sure that you are compliant with local laws of Dubai and national laws of the UAE.

Now, if you are an expat, there’s a good chance that you are not familiar with Dubai’s local laws. For example, there are different things you need to consider such as whether you will be establishing your business in a free zone or the UAE mainland. Each of these options come with different rules and regulations – things can than easily get complicated if you don’t know what you are doing.

Moreover, it is worth noting that doing business means you are also exposing yourself to risks and liabilities. Lawyers can help you limit those risks and set certain provisions to ensure you don’t get in trouble in the future.

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Real Estate Agent vs Real Estate Lawyer

Buying a property in the UAE is a huge and serious investment. You want to make sure that you are doing the correct decisions that you won’t regret in the future. Thus, you would need the help of a real estate agent and/or a property lawyer in UAE.

In this point, you might be wondering which professional you should hire. To help you make a better decision, this post will teach you the difference between the two.

Real estate agent

A real estate agent is someone who helps property buyers to explore their options, assist them in the purchasing process, find the right legal services in Dubai, and answer any questions they may have pertaining to properties.

There are different advantages that you can get when you hire or work with a real estate agent. For example, they have the education and experience which are very handy especially if you are new to UAE’s real estate market.

The available properties in the UAE can be overwhelming. It is not easy to determine which property is best for you simply by checking the listing. Thankfully, agents are available to help you.

Moreover, real estate agents have the necessary knowledge about the process of buying a property in the UAE. They can guide you every step of the way.

Other benefits of hiring a real estate agent are obtaining their professional network, price knowledge, neighborhood familiarity, negotiation skills, and others.

Real estate lawyers

Real estate lawyers are highly specialised in handling issues and concerns related to real estate. A property lawyer in the UAE needs to undergo special training to serve as a real estate lawyer. Thus, you can be sure that you are working with the right professional.

Needless to say, property laws in the UAE can be very complicated. If you need someone to explain to you property laws and how it can affect your investment, then it is best to speak to a real estate lawyer.

A real estate lawyer can help explain your contract, review it, and suggest any changes before you sign the dotted line. They can also make sure that all things are legally binding and you are not placed in a disadvantaged position.

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