Managing a business can be challenging for the senior management. As a result, big companies appoint a large workforce that handles separate departments. However, there is also a need for legal professionals who can provide the necessary guidance and assistance on aspects related to the commercial law. Dubai, a bustling metropolis, is a shining gem of the UAE, a business hub that attracts companies from all parts of the world. All the companies operating within the UAE are supposed to comply with the commercial law also known as business law. It is a branch of law that deals with relations, rights and conducts of entities who are engaged in trade, commerce and industry. Commercial law covers different aspects such as intellectual property, contracts, corporate governance, taxation, dispute resolution, etc.
How do commercial lawyers assist the business?
Commercial lawyers assist small and large businesses in Dubai. It does not matter whether your business belongs to the real estate, finance, technology or construction sector. The commercial lawyers assist the clients with legal matters. Approach the best commercial law firms Dubai such as Mayed-Almarashda if you are searching for commercial lawyers.
Helping with business formation
The commercial lawyers help the clients by providing valuable advice. If you have plans to establish a business entity in Dubai, make sure you are complying with the local laws. Take the assistance of the best law firm UAE for necessary guidance. Whether your business entity is a partnership, sole-proprietorship or a joint venture, it is good to take guidance from the commercial lawyers. From assisting with the registration of the business name to receiving the trade license, commercial lawyers help in various aspects. It is important to approach relevant authorities and comply with all the necessary formalities.
Tracking and fulfilling formalities
The commercial lawyers are capable of drafting, reviewing and negotiating various contracts and agreements for their clients. A business has to enter in different types of agreements such as the lease agreement, service agreement, distribution agreement, franchise agreements, etc. The commercial lawyers also assist the client with mergers and acquisitions, corporate restructuring, etc.
Dispute resolution
The commercial lawyer assists in dispute resolution by representing their clients as and when necessary. Disputes arise due to the breach of the contract, during debt recovery and competitions. The commercial lawyers help their clients by giving them suitable advice. There are several methods through which disputes can be resolved, and the commercial lawyers help the clients by suggesting them the best course of action.
Business compliance
Many laws are applicable in Dubai, and it is important to comply with all of them. While managing the business activities, the senior management must ensure that they are complying with consumer protection laws, tax laws, labor laws, environmental laws, etc. The lawyers also assist the clients to obtain the necessary approvals, or permits from the relevant authorities.
Protection of the interests
With the help of commercial lawyers, your company can protect its interests. The commercial lawyers draft clear and enforceable contracts that clearly reflect the expectations and objectives of clients. Approach the top legal firms in Dubai and protect your business interest with ease. The top legal firms have several expert lawyers in their team, and they defend their clients’ interests in any dispute.
