While it is not required, hiring a lawyer is highly recommended and beneficial for startups. Having an experienced lawyer on your team will make the incorporation or registration process easier for you as they can advise on what needs to be done to acquire the legal documents you need to start your business setup in Dubai.
When do startups require lawyers?
Not
many startups are set to hire legal services as soon as early as they start.
However, if you have the resources, getting a lawyer for your startup is ideal.
Your company's lawyer can help you get started with the legalities for your
operations, as well as provide legal advice on taxes, investments, company
policies, employee contracts, and partner/shareholder agreements.
You
may also get help from lawyers who specialise in business setup services in Dubai to
provide you with specific services only when you need them. This can help you
maximize and distribute your available resources for other important aspects of
the business.
Why do startups need lawyers?
They can help establish the business structure
As
your startup grows, you will need to make some changes in the structure of your
business. This is especially true when you are operating as an international
business. Your company lawyer can provide valuable insight on how the changes
in your company will affect your business structure, your day-to-day
operations, as well as the roles and responsibilities of your staff.
Help prepare legal documents and paperwork
As
mentioned above, having a lawyer can be highly beneficial when securing legal
documents and working on the legalities to start your operations. If you own an
international startup, many lawyers can share valuable advice on the free zone business setup in Dubai,
as the procedure may be slightly different.
Represent you in negotiations and handle employment issues
When
you are too busy dealing with more important aspects of the business, you may
send a legal representative to handle negotiations on your behalf. You may also
work with a law firm in Dubai to
help you handle complicated employment issues, as well as keep you up to date
with labor laws.
If
you need help with the requirements and acquiring legal documents for your
startup, Motei & Associates can provide you with
the services you require.
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