How to Start a Business in Dubai: What Do I Need to Know About Choosing a Name for my Business?

There are a lot of things you need to consider when it comes to company formation in Dubai. Chief among them is your business name.

Now, before you get too witty and excited about coming up with a name, there are certain rules and regulations you need to follow. You can’t simply choose any name you have in mind.

Read on to learn what you should know when choosing your name for a business.

The do’s in choosing a business name

• Choose a name that represents your brand.
• Choose a name that is easy to remember and resonate in the mind of people.
• Choose a name that will evoke positive emotional responses and express a powerful message
• Check with the relevant authorities for a list of restrictions that may apply to your business setup in Dubai.
• Choose a name that reflects the primary activity and nature of your company.

The “do not” in choosing a business name

• Don’t choose a business name that is already copyrighted elsewhere. For example, world-renowned brands such as McDonald’s, Toyota, Microsoft, and others should not be considered.
• Don’t use the location of your business as part of your company’s name. In Dubai, you can’t use names of places such as Dubai, Emirates, UAE, Abu Dhabi, Sharjah, and other names of cities and districts. So, you can’t use UAE Hardware or Dubai Clothing. However, you can use nationalities as part of your business name such as American, European, Arabian, and similar.
• Don’t use a company name that is indecent, vulgar, and offensive. Moreover, check with Arabic-speakers to see if your chosen business name has an unintended meaning when translated to the local language.
• Don’t use business names that contain the name of God and his divine attributes. Business names that can be religiously offensive is a big no-no.
• Don’t use a business name that is similar to any government agencies, organisations, or departments. You can’t also use any of their abbreviations.
• Don’t choose a business name that has already existed in the UAE. Even if the name just sounds the same, it is still against the rules.
• Don’t choose a company name without consulting corporate lawyers in Dubai. They can save you time, energy, and money when it comes to choosing a brand name.

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ARE YOU PLANNING TO SET UP A COMPANY IN THE UAE?

Check out some informative articles that may help you with your planning.

• Legal Documents for Every Startup
• Need a lawyer for small business?
• Importance of Hiring a Business Lawyer
• How to Set Up a Business in Dubai

For a quick and easy process of company formation contact or visit us today!

Is it advisable to engage your lawyer when selling a property?

Generally speaking, you can sell your property without the help of a real estate lawyer in Dubai. However, this doesn’t mean that you won’t need one. There are a lot of benefits you can obtain when you have a qualified and competent lawyer by your side.

Perhaps, you are thinking whether you should engage your lawyer when selling a property or not. This post will help you make the right decision by outlining the advantages of having a lawyer.

Market knowledge

Real estate lawyers in Dubai are like no other lawyers. They are focused on handling real estate matters and transactions. With the specialised knowledge and skills, they can help you in determining the right price of your property and how it compares with other properties around your area and in Dubai as a whole.

Help in drafting contract

Sales contracts can be complicated at times. Unless you are knowledgeable about legal terms and how the law works, you would have a hard time preparing it.

A real estate lawyer can step in. He can write down your contract and make sure that it says exactly what you want it to say. The lawyer can also explain to you every part of the contract and ensures you understand what it stipulates.

Help in negotiating

You want to get the most out of the sales transaction? If you’re negotiating the terms, conditions, and price of your property, chances are that things can easily tip in your favor if you have a real estate lawyer.

Help in closing the deal

When you finally have sold your property, the last thing you want to happen is to be bothered with missing documents and forgotten requirements needed for the sale. Thankfully, a good lawyer will ensure that when you close a deal, it is truly closed and you have nothing to worry about.

Your lawyer can help in transferring the title to the buyer. They can also file the sale and record transactions to the relevant government agencies such as the Dubai Land Department.

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ARE YOU PLANNING TO SET UP A BUSINESS IN THE UAE?

Check out some informative articles that may help you with your planning.

• Facts you need to consider before registering a company in Dubai
• Types of visa given in the UAE
• Why start an LLC? Advantages and Disadvantages
• Get a trade license in Dubai

For a quick and easy process of company formation contact or visit us today!

New DIFC Employment Law of 2019

The new DIFC Employment Law has come into force last August 28, 2019. The New DIFC Employment Law or better known as the Law No. 2 of 2019 has replaced the Law no. 4 of 2005.

With the new DIFC Employment Law, you need to know what it means for you, your company and employees.

Application of DIFC Employment 
The Dubai International Financial Centre (DIFC) is a financial hub in the Middle East and a special economic zone in Dubai. According to the old Employment Law, only those businesses that have an establishment in the DIFC can create a contract under the DIFC Employment Law.

 However, corporate lawyers Dubai mentioned that the changes enable employers and employees outside of the DIFC to be under the said law. Moreover, the New DIFC Employment Law can now be applied to both part-time and short-term employees with a few limitations.

 Limitation period 
 If employees were unjustly dismissed or treated due to age, maternity, pregnancy nationality, sex, and race, they have six months to file a complaint to the DIFC Court. A list of criteria to determine the existence of discrimination would be used on a case by case basis.

Secondment 
If you are an employee who wants to work in DIFC, you can do so using the Secondment arrangement. This is allowed as long as the employee has a valid Secondment card issued by the DIFC Authority.

Positive changes for employees 
There are a lot of provisions and changes made in the New Employment Law that many employees would be happy about.

Among the most noteworthy changes would be the maternity and paternity provisions. Under the New Employment Law, if you are a mother returning to work after your maternity leave, you will be entitled to have nursing breaks up to one hour within six months after giving birth.

 For fathers, they can take up to five days of leave within the first month of the child’s birth. Maternity and paternity leaves are also applicable if employees adopt a child who is under five years old. If you need to learn more, you can visit any of the leading law firms in UAE.


...continue reading

Are you planning to set up a company in the UAE?

Check out some informative articles that may help you with your planning.

• Legal Documents for Every Startup
• Need a lawyer for small business?
• Importance of Hiring a Business Lawyer
• How to Set Up a Business in Dubai

For a quick and easy process of company formation contact or visit us today!