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Why You Should Hire A Legal Consultant In Dubai In 2022

Whatever your business is, hiring a legal consultant for your business is the best way to carry on with your legal matters. A legal consultant for your business can give you the best ideas that significantly increase the understanding of the law of your niche, industry, or community to better plan and align all the possible business ways.

No doubt that the law consulting service will undoubtedly help your company find out the best knowledge and legal information required to proceed with your business while adhering to all the legal compliances. This allows you to make the right and informed decisions and choices to avoid legal actions against your business.

A legal consultant in your organization is likely to be an employee whose job description is handling and dealing with all kinds of laws and legal bindings for your company. Be it for your small business, mid-size enterprise, or a large-scale and fully established company. Hiring a legal consultant or advisor for your company is a mandatory requirement. Their presence in your company will help you protect your investment by following all the legal guidelines.

Incredible Benefits of Hiring a Legal Consultant in Dubai

Growing business with sales, marketing, branding, and all the other teams will certainly help grow. However, the true game-changing setting for your business changes the game when you have a lawyer or a legal advisor simply working for you that gives you the cutting-edge advantage and alignment with your legal business happenings. Here are some of the reasons you should hire a legal consultant for your business venture in Dubai in 2022 and beyond.

1. Help Save Time & Money

Having a legal consultant for your business means you have invested in a resource that will save you stupendous time and money at the same time. The lawyer or advocate for your business will be closely monitoring all the nitty-gritty’s of your business and therefore spotting the weak spots and areas that need to be corrected become clear.  

This allows them to highlight the potential errors on time and thus take timely and preventive actions to stop the damage as early as possible. This also demonstrates their objectives and goals for your company.

2. Set the Right Legal Bindings

Another incredible benefit of hiring a lawyer or advocate for their legal services in Dubai is that they assist your venture in setting the right legal and binding goals. Their presence will help you set more realistic and ambitious goals that are impossible to achieve without their presence in your brand.

Thus, understanding the company’s direction and defining the clear and strategic business approaches become more focused than ever before. Eventually, it redirects your company to the right path that aligns your revenue and sales by complying with legal ways. 

3. Assist in Sustaining Market Competition

Hiring a legal consultant gives your business an edge by integrating new ideas to thrive in a better environment. Companies and corporations need to create new ideas and approaches that make them stand in the competitive market in this evolving world. And this is where a legal advisor in your company will provide you with the new thoughts and strategies to hold a strong position in the market competition. The job here of a legal consultant is to provide you with more innovative and legally-binding ideas to stay connected with your business goals.

4. Assist in Formulating Contracts

Several businesses require to formulate legal contracts with their partners and other parties they are dealing with. Particularly for startups and small-scale businesses, having a legal consultant becomes pivotal because they lack in necessary experience to close deals and partner with vendors to run their business smoothly.

This is where having a legal counselor will help you partner with new vendors, set legal partnerships with other co-partners, and help employees take the full benefits so that the company gets a loyal workforce. Moreover, they will also be responsible for reviewing new contracts and also hiding unfavorable loopholes or hidden facts.

5. Filing Patents Become Easy

Hiring a legal consultant for your business has all the merits. Just in case, it also offers your company to file different patents to your name by a deep understanding of all the legal requirements to do so. This is a perfectly easier job for a professional legal consultant that Mai Alfalasi – the leading advocate and lawyer in Dubai, will provide you.

Furthermore, they will also help you in compiling all the required and necessary information so that the patent is simpler than ever before. So, with the legal consultant or advisor, one thing is certain: legally streamlining your business becomes possible.

6. Exceptional Legal Knowledge

The legal consultant for your business is not just a resource with activities for your laws and advocacy, they are filled with knowledge that is outside the market. Particularly for the advocates and legal consultants in Dubai at Mai Alfalasi who have worked in various industries and niches that enabled them to multiply their knowledge substantially.

The legal consultants from Mai Alfalasi hold a solid perspective of what other companies are doing and what it will take to outperform the others from your brand. For example, a professional legal consultant could easily point out that a business isn’t utilizing a customer communication system that allows businesses to adopt a cost-effective method in this area.

The Final Words

So, after reading the above benefits of hiring a legal consultant, hiring a legal consultant for your business in Dubai becomes a matter of paramount importance. Perhaps it will prove to be the best choice – the one that saves time, money, and a lot of energy that can be utilized in so many other areas.

The reasons why you should hire a professional legal consultancy for your company don’t stop here. There is more to it, and you can simply think of hundreds of others. Furthermore, finalizing a legal advisor for your business also ensures that your contracts are ready and patents are named without any hassle. This will allow you to focus on your business and help expand its horizons.

Practice Areas

  • Commercial
  • Corporate
  • Dispute Resolution & Litigation
  • Banking & Finance
  • Insurance & Securitization
  • Real Estate & Construction
  • Technology & Data Protection

Mai Alfalasi Advocates & Legal Consultancy

1203, Green Tower
Baniyas Street, Deira
Dubai, United Arab Emirates

Phone. +971 4 223 0666
Whatsapp. +971 50 208 9986
Email. info@maaflegal.ae

Office Hours
9.00am to 6.00pm (GST)
Monday to Friday

CategoriesBlog,  Invesments

How To Protect Your Investment In Dubai – Must-Know Legal Guidelines

Over the years, the United Arab Emirates has earned an incredible reputation for giving a competitive edge to investors. And ever since the focus on providing investors a safe haven, the investment market has been increasing incredibly. And now, it has become an excellent place to start your business or even buy a place to run the one.

These investment markets range from real estate to entrepreneurship, etc. however, each business needs to be done considering the rules and regulations approved by the government of the Emirates. And when it comes to Dubai in particular, the investment market in Dubai is a complete autonomous formulation of its own laws and regulations. Moreover, if you are a potential investor, you must also know that there are two legal systems in the UAE. The first is the federal level legal system, while the other is the Emirate level legal system.

But as an investor, if you genuinely want to make good money and that too in a substantial way, the most incredible way is to invest in real estate properties. Real estate properties are excellent when it comes to making terrific profits. However, the advocates and legal consultants in Dubai at Mai Alfalasi are always here to provide transparent and self-aware advocacy to remain safe and secure while investing in the UAE.

The primary focus of Mai Alfalasi’s legal services in Dubai is to provide clear knowledge and information regarding the rules and regulations in Dubai for saving yourself from huge setbacks. For example, we provide and safeguard your property from double taxation. However, if our client wants legal advice in Dubai, we are more than happy to facilitate our clients.

In Dubai, it has been a legal happening that when a person dies with a property, their assets are frozen from a movability standpoint and divided according to the pre-determined model based on an understanding of Sharia law through the probate process. However, this may not be under the owner’s wish, which might not sound pleasing enough to most people. If you are an expat in the UAE, you must be preparing to get a fortune out of the investment, but with all the legal laws in Dubai, this might not turn out to be a case for you. So, as among the leading legal firms in Dubai, we are focused on providing the best and possible solutions to ease solutions for our clients.

Secure Your Investment in Dubai Today!

Now that we have brought this to your knowledge that our properties and investments are never always safe in Dubai, it is pivotal to understand the legal and most binding ways through which you can actually do that. With this being said, here are the five potential methods to protect your assets and properties in Dubai.

1. Abu Dhabi Wills

The most important for saving your investment is for expatriates who are coming from foreign lands with an ideal purpose to secure and multiply their investments by targeting the real estate market. However, the inadequate information regarding the process is far from the mere understanding of most people. If an expat dies without a certified non-Muslim will, the Shariah law would be applied to the deceased’s estate on a legal basis, and the allocations and adjustments would be made in such a way that might not please an investor.

This is where the Abu Dhabi Wills was established by the Abu Dhabi Courts Judicial Department to give Non-Muslims property rights in the UAE or declare their own terms of preferences that would make them a happy investor in Dubai.

2. DIFC Wills

UAE is perhaps the world’s biggest and most famous country for inhabiting foreigners on roughly 80% of the total population. This is a major reason why laws and regulations are always available for foreign investors. This is where DIFC Courts are just here to provide legal solutions to expats. It is an autonomous legal and judicial system based on English common law – understandable by everyone. This allows the non-Muslims in the UAE to transfer their assets according to their will and on their provisions.

3. Property Transferring

There is another probable thing of securing your property: Holding Corporation or Trust. By giving the rights to the Holding Corporation, you are becoming the major company’s shareholder, which means you can avoid several anonymity, avoid liabilities, and save money on taxes.  

For this, a settlor establishes a trust for the interest of the beneficiaries, which trustees govern. This results in safeguarding your property and assets for your family members.

4. DIFC Foundations

In the UAE, establishing foundations are not difficult at all. In fact, they are the legal entities that can hold the assets and properties for the benefit of their benefactors. This is where the foundation of the investors is secured by managing their assets in a better way. However, for this, a council is required to govern the property and assets and carry out the objectives established in the documents of the foundation. Moreover, believing in this foundation also gives incredible benefits such as;

 You can escape the hefty corporate taxes.
 All the setup expenditures are nearly minimal.
 You will get access to a well-organized governance framework.
 You will get succession and legacy planning.
 Asset preservation and private wealth management are adequately done.
 The identities of the investors and the beneficiaries are kept confidential. 

5. Family Transfer

Family grants are highly under consideration in Dubai. Where you can gift an asset to another person under the legal compliances that Mai Alfalasi will do for you. However, here, the property must be passed down through close relations of first-degree relatives that are parents of children. Whereas gifting the property to anyone is completely a rational decision of the investor.

Why Mai Alfalasi? – The End!

When it comes to Dubai, UAE, Mai Alfalasi is the reputed and most trustworthy legal advocate in Dubai that has put together a multidisciplinary and talented team of lawyers and advocates in Dubai to assist our clients with all the laws and regulations.

So, if you’re a foreign investor in Dubai planning to make a worthy and returning investment in UAE, partnering with Mai Alfalasi is your way to get down your hands on the most accurate and transparent legal procedure. We ensure that your property gets secured through all means from creating a will, transferring to trust, even gifting, etc.

Practice Areas

  • Commercial
  • Corporate
  • Dispute Resolution & Litigation
  • Banking & Finance
  • Insurance & Securitization
  • Real Estate & Construction
  • Technology & Data Protection

Mai Alfalasi Advocates & Legal Consultancy

1203, Green Tower
Baniyas Street, Deira
Dubai, United Arab Emirates

Phone. +971 4 223 0666
Whatsapp. +971 50 208 9986
Email. info@maaflegal.ae

Office Hours
9.00am to 6.00pm (GST)
Monday to Friday

1203, Green Tower, Baniyas Street,
Deira, Dubai, United Arab Emirates

Phone. +971 4 223 0666
Whatsapp. +971 50 208 9986
Email. info@maaflegal.ae

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